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On January 12, 2021, the House of Entrepreneurship at the University of M’sila organized a day of study on the role of the community in promoting startups, in which the Minister delegated in charge of startups and the knowledge economy, Mr. Yacine Walid, gave an overview of the business environment in Algeria, reviewing the role of the ministry in charge of start-ups and the knowledge economy in establishing the legal environment for start-ups in Algeria.
The day was opened by Abd El-Ouahab Djabari, Director of the House of Entrepreneurship at the University of M’sila, who stressed the importance of start-ups in economic development.
Experts from inside and outside the country participated in the day of study, in which Dr. Hamza Ayeb, Senior Lecturer at the University of M’sila and a researcher at the University of Strasbourg in France, who oversaw the success of many startups abroad, made recommendations regarding the initial conditions for the success of startups, noting that the probability of success of global startups is between 5 and 15%. Thus, he recommended the need to develop the institutional environment in its official aspects, which is the political, economic, financial, administrative, technological, innovative and communication environment, as well as the unofficial aspect; i.e. through the development of community mentalities.
He also recommended that startups take into account the network of relationships and the effects of globalization when setting up businesses, determine the extent to which they can withstand these effects, and to take into account the structural conditions of startup success such as the number of entrepreneurs, governance and material and non-material resources.
Pr. Djamel Ben Mansour, Professor at the School of Management at University of Quebec Petrova Rovere, Canada, and a permanent researcher at the Institute for Research on Small and Medium Enterprises at the same university, gave an overview of the different experiences of several Canadian cities in the field of the ecosystem, where he highlighted the opportunity to benefit from the Canadian ecosystem experience, particularly at Toronto, Waterloo, Vancouver. Inspired by the various experiences across Canadian cities, he recommended the need to support startups, in addition to the need to provide an appropriate number of incubators or accelerators for all business incubators and business accelerators, to an average of 100 startups. Also, he recommended the need to link startups to the capital market and the need to pay attention to the talent element, as an important lift in transforming a start-up to a developing company. Professor Djamel Ben Mansour stressed that employment increases with the growth of the start-up and that the contribution of Canadian startups to local economies comes after its success.
In addition, Dr. Aziz Nafi, a researcher at the Centre for Research in Applied Economics for Development and co-reseracher at the Institute for Research on Small and Medium-sized Enterprises at the University of Quebec Petrova Rovere, Canada, gave a presentation on the role of the community in the economic development of the country of origin, where he pointed out that Algeria can be inspired by the Indian experience in transferring the contribution of the Indian community to the development of the Indian community Startups. Algeria has a large community in different parts of the world considered to be emerging business areas, and the researcher also confirmed a positive relationship between the presence of a scientifically qualified community and growing investments.
In addition, Mr. Aziz NAfi stressed that the investment of the Algerian community in their country of origin depends on several points, the most important of which is the existence of opportunities, availability of partners, the transformation of technology and the costs of factors of production. He also highlighted the problems facing the investment community in Algeria, including inefficient bureaucracy, unstable policies, corruption, insufficient capacity for innovation and difficulties in obtaining financing. Dr Aziz Nafi recommended that the support of associations that will develop the network of relations between the community itself and between the community and the country of origin should be taken into account.