Page 58 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.83, # 1, 2026, pp. 58-81

Does the Rise of Emerging Technologies Transform Digital
Entrepreneurial Activity? Evidence from OECD Nations

1
Swaty Sharma , Munish Gupta 2

Mittal School of Business, Lovely Professional University, Jalandhar,
1
ORCID ID: 0000-0002-1292-4855, [email protected]
2 University School of Business, Chandigarh University;
ORCID ID: 0000-0002-1982-4136, [email protected]

https://doi.org/10.30546/jestp.2026.85.01.0081

Received: November 14, 2025; accepted April 24; published online June 05, 2026

ABSTRACT

Worldwide entrepreneurship has been disrupted by technologies such as
artificial intelligence and big data. Little research has been conducted
concerning the impact of these technologies on entrepreneurial activities. The

present study investigates the relationships among factors such as ICT,
R&DR, D, business, financial risks, economic growth, and digital
entrepreneurship. This study applied econometric models using a panel data

set from 2004 to 2025 to examine causal relationships. According to the
findings, in OECD countries, digital entrepreneurship is positively influenced
by economic growth, greater internet penetration, R&D activities, and the

presence of businesses. R&D researchers drive innovation, enabling digital
companies to expand. On the other hand, digital entrepreneurship is
negatively influenced by ICT & financial risk, ICT export, and Govt. spending

on R&D. The study provides both theoretical and practical knowledge, and
its implications concern the policy-making process, start-up ecosystems, and
innovation-driven economic development.

Keywords: Digital Entrepreneurship, ICT and R&D, Financial Risk, OCED
countries, Govt. Spending

JEL Codes : O32, O33, G32

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