Building ecosystems: identifying tech start-up enablers in ASEAN

Thursday 23 Jun 2022 | Building the financial ecosystem | East Asia and Pacific | Ecosystem Accelerator | English | Mobile access and use | Mobile for Development | Policy and regulation | Public-Private | Report | Research | Resource |

Building ecosystems: identifying tech start-up enablers in ASEAN image

The Association of Southeast Asian Nations (ASEAN) has made great strides in recent years in terms of economic performance. The region remains diverse in terms of development and per capita incomes, as well as other factors such as language and culture.

Unlocking new types of investment is an important part of the association’s strategy to narrow economic differences within the region. This increasingly involves focusing on digital services and, in particular, the role of tech start-ups in creating jobs and wealth.

This report identifies and analyses the main ecosystem enablers for a thriving tech start-up economy in ASEAN low- and middle-income countries (LMICs). It outlines best practices in countries where those enablers have helped to create a vibrant tech start-up ecosystem. The report also looks to identify the barriers which are hindering progress among start-ups in the ASEAN tech ecosystem, and then concludes with strategic recommendations for key stakeholders.

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