The Role of Startups in Developing National Economy (A Legal Approach)

This study aims to highlight the critical role that startups fulfill in enhancing and diversifying the national economy, particularly through their capacity to develop innovative products and services that support sustainable development and generate added value outside the hydrocarbons sector.Recent developments in the Algerian context have illustrated a clear and deliberate political inclination toward formalizing this entrepreneurial model.This orientation is reflected in the establishment of a ministry dedicated to the knowledge economy and startups, as well as the implementation of a comprehensive support system.This system encompasses incubators, a startup support and development fund, and tax incentives integrated into the finance laws.Additionally, public authorities have undertaken efforts to create a legal and regulatory framework that is favorable to technological investment.Such a framework is designed to empower young individuals to transform their ideas into economically viable projects with tangible societal and economic impact.These initiatives contribute to steering the national economy toward a knowledge-based development paradigm.

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Publication Details

Journal
Science Education and Innovations in the Context of Modern Problems
Published
2025-05-18
DOI
https://doi.org/10.56334/sei/8.5.31
Primary Topic
Global Socioeconomic and Political Dynamics
Type
article
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article

The Role of Startups in Developing National Economy (A Legal Approach)

Mekherbeche Madiha
Science Education and Innovations in the Context of Modern Problems
Global Socioeconomic and Political Dynamics
article

The Role of Startups in Developing National Economy (A Legal Approach)

Mekherbeche Madiha
article en

Abstract

This study aims to highlight the critical role that startups fulfill in enhancing and diversifying the national economy, particularly through their capacity to develop innovative products and services that support sustainable development and generate added value outside the hydrocarbons sector.Recent developments in the Algerian context have illustrated a clear and deliberate political inclination toward formalizing this entrepreneurial model.This orientation is reflected in the establishment of a ministry dedicated to the knowledge economy and startups, as well as the implementation of a comprehensive support system.This system encompasses incubators, a startup support and development fund, and tax incentives integrated into the finance laws.Additionally, public authorities have undertaken efforts to create a legal and regulatory framework that is favorable to technological investment.Such a framework is designed to empower young individuals to transform their ideas into economically viable projects with tangible societal and economic impact.These initiatives contribute to steering the national economy toward a knowledge-based development paradigm.

Science Education and Innovations in the Context of Modern ProblemsVol. 8(5)
Partnerships for the goals
Openalex Percentile: Top 84%
Global Socioeconomic and Political Dynamics
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The Role of Startups in Developing National Economy (A Legal Approach) — Mekherbeche Madiha · Science Education and Innovations in the Context of Modern Problems (2025) | TGRS Research Map | TGRS