Research article Special Issues

AI-driven insights into nascent entrepreneurship: exploring the role of inclusive entrepreneurial ecosystem factors

  • Published: 19 May 2026
  • 62P30, 68T05

  • Entrepreneurship is a fundamental driver of economic growth, innovation, and sustainable development, and nascent entrepreneurial activity serves as a key indicator of economic dynamism. This study addresses critical gaps in the existing literature by leveraging advanced machine learning models embedded with mathematical equations (follow algorithms to achieve accuracy and predictability)—XGBoost, Random Forest, and Decision Tree—to predict total early-stage entrepreneurship levels based on inclusive ecosystem factors, including resources, governance, culture, and markets. While previous research has primarily relied on traditional statistical techniques to infer causality these methods are inherently limited in their ability to predict future trends due to their linear and static nature. By employing sophisticated machine learning algorithms, this study offers a novel approach to understand the complex and dynamic interactions between inclusive factors and entrepreneurial outcomes. Our findings highlight that Inclusive Resources are the most influential predictor across all models, followed by Inclusive Governance and Inclusive Markets, with Inclusive Culture playing a variable yet significant role. Among the models tested, Random Forest emerges as the most effective in predicting nascent entrepreneurship, achieving an optimal balance of accuracy, sensitivity, and specificity. These insights contribute to the academic discourse on entrepreneurship while offering practical implications for policymakers and practitioners that seek to foster sustainable economic growth in alignment with the United Nations Sustainable Development Goals (SDGs). By integrating machine learning into the entrepreneurial ecosystem theoretical framework within inclusive context, this study provides decision-makers with more precise tools to foster and promote entrepreneurial activity, ultimately supporting the development of more inclusive and resilient economies.

    Citation: Kamran Hameed, Zohaib Ahmad, Teodora Odett Breaz, Reda Abdelfattah Mohammad. AI-driven insights into nascent entrepreneurship: exploring the role of inclusive entrepreneurial ecosystem factors[J]. Journal of Industrial and Management Optimization, 2026, 22(6): 2697-2725. doi: 10.3934/jimo.2026099

    Related Papers:

  • Entrepreneurship is a fundamental driver of economic growth, innovation, and sustainable development, and nascent entrepreneurial activity serves as a key indicator of economic dynamism. This study addresses critical gaps in the existing literature by leveraging advanced machine learning models embedded with mathematical equations (follow algorithms to achieve accuracy and predictability)—XGBoost, Random Forest, and Decision Tree—to predict total early-stage entrepreneurship levels based on inclusive ecosystem factors, including resources, governance, culture, and markets. While previous research has primarily relied on traditional statistical techniques to infer causality these methods are inherently limited in their ability to predict future trends due to their linear and static nature. By employing sophisticated machine learning algorithms, this study offers a novel approach to understand the complex and dynamic interactions between inclusive factors and entrepreneurial outcomes. Our findings highlight that Inclusive Resources are the most influential predictor across all models, followed by Inclusive Governance and Inclusive Markets, with Inclusive Culture playing a variable yet significant role. Among the models tested, Random Forest emerges as the most effective in predicting nascent entrepreneurship, achieving an optimal balance of accuracy, sensitivity, and specificity. These insights contribute to the academic discourse on entrepreneurship while offering practical implications for policymakers and practitioners that seek to foster sustainable economic growth in alignment with the United Nations Sustainable Development Goals (SDGs). By integrating machine learning into the entrepreneurial ecosystem theoretical framework within inclusive context, this study provides decision-makers with more precise tools to foster and promote entrepreneurial activity, ultimately supporting the development of more inclusive and resilient economies.



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