Abstract
AbstractThis chapter aims to study the funding sources for medical entrepreneurship in the digital age. Based on a sample of 107 medical entrepreneurs from 8 countries in the Middle East, the results show that the main financial sources used in medical entrepreneurship investments are bank loans followed by personnel saving and then funds provided by family and business angels. Other funding sources, such as grants and venture capital, are not frequently employed in the Middle East region. In addition, the results of this chapter reveal that the funding sources are significantly correlated with the financial indicators of medical entrepreneurship investments during the last COVID-19 pandemic period. The results reveal that medical entrepreneurship investments funded by external sources such as loans and equity have a higher level of profitability and a lower level of liquidity than medical entrepreneurship investments funded by internal sources such as personnel savings. For external funding sources, the results show that both profitability and liquidity ratios are correlated with the type of main funding source.KeywordsMedical entrepreneurshipEntrepreneursInternal funding sources
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