Global Hub Research Articles

What Makes the Swiss Banks Special?

The Swiss banking sector has long been famous for its success in attracting foreign assets and wealthy clients. This article aims to analyze the reasons behind the success of Swiss banks by considering various factors. The research paper includes a literature review, methodology, and examination of key elements such as foreign assets, Indian 'black money,' the largest Swiss banks, the impact of the coronavirus crisis, Swiss banking secrecy, overall country stability, stable currency, and globalization. The study reveals that Swiss banks have historically been a preferred destination for people from politically and economically unstable countries seeking secure storage for their wealth. The existence of banking secrecy laws, dating back to 1930s, has played a significant role in attracting international clients, although other factors have also contributed to the success of the sector. The analysis of foreign assets shows a substantial amount of money held in Swiss banks, accounting for a significant portion of global cross-border assets. Indian 'black money' has also found its way to Swiss banks, although efforts to disclose account information have been ongoing. The largest Swiss banks, including UBS and Credit Suisse, have played a pivotal role in the country's financial sector. The impact of the coronavirus pandemic on the Swiss banking industry was analyzed, showing that despite challenges, the industry managed to offer new jobs and maintain profitability. The study emphasizes the importance of Swiss banking secrecy, which has been a key factor in attracting wealthy clients for centuries. However, it argues that secrecy alone does not fully explain the success of the Swiss banks. Other factors, such as overall country stability, a stable and easy convertible currency like the Swiss Franc, and the role of globalization in facilitating international operations, have all contributed to the sector's prominence. In conclusion, the success of Swiss banks is a result of multiple factors working together. While banking secrecy has played a significant role, other favorable conditions such as political stability, a strong currency, and global outreach have also contributed to Switzerland's status as a global financial hub. Understanding the interplay of these elements sheds light on the reasons behind the exceptional performance of the Swiss banking sector.

Climate data from the Rocky Mountain Biological Laboratory (1975-2022).

The Rocky Mountain Biological Laboratory (RMBL) (Colorado, USA) is the site for many research projects spanning decades, taxa, and research fields from ecology to evolutionary biology to hydrology and beyond. Climate is a focus of much of this work and provides important context for the rest. There are five major sources of data on climate in the RMBL vicinity, each with unique variables, formats, and temporal coverage. These data sources include 1) RMBL resident billy barr, 2) the National Oceanic and Atmospheric Administration (NOAA), 3) the United States Geological Survey (USGS), 4) the United States Department of Agriculture (USDA), and 5) Oregon State University's PRISM Climate Group. Both the NOAA and the USGS have automated meteorological stations in Crested Butte, CO, approximately 10 km from the RMBL while the USDA has an automated meteorological station on Snodgrass Mountain, approximately 2.5 km from the RMBL. Each of these data sets has unique spatial and temporal coverage and formats. Despite the wealth of work on climate-related questions using data from the RMBL, previous researchers have each had to access and format their own climate records, make decisions about how to handle missing data, and recreate data summaries. Here we provide a single curated climate data set of daily observations covering the years 1975 to 2022 that blends information from all five sources and includes annotated scripts documenting decisions for handling data. This synthesized climate data will facilitate future research, reduce duplication of effort, and increase our ability to compare results across studies. The data set includes information on precipitation (water and snow), snowmelt date, temperature, wind speed, soil moisture and temperature, and stream flows, all of which are publicly available from a combination of sources. In addition to the formatted raw data, we provide several new variables that are commonly used in ecological analyses, including growing degree days, growing season length, a cold severity index, hard frost days, an index of El Niño-Southern Oscillation, and aridity (standardized precipitation evapotranspiration index). These new variables are calculated from the daily weather records. As appropriate, data are also presented as minima, maxima, means, residuals, and cumulative measures, for a variety of time scales including days, months, seasons, and years. The Rocky Mountain Biological Laboratory is a global research hub. Scientists on-site at the RMBL come from many countries and produce about 50 peer-reviewed publications each year, researchers from around the world also routinely make use of data from the RMBL for synthetic work, and educators around the United States use data from RMBL for teaching modules. This curated and combined data set will be of use to a wide audience. Along with the synthesized combined data set we include the raw data and the R code for cleaning the raw data and creating the monthly and yearly data sets, which facilitate adding additional years or data using the same standardized protocols. No copyright or proprietary restrictions are associated with the use of this data set; please cite this data paper when the data are used in publications or scientific events.

Islamic Entrepreneurial Marketing Orientation Among Islamic University Students

Indonesia plans to be the number one global halal hub that need support of massive Islamic entrepreneurial marketing capabilities. This study aims to assess Islamic entrepreneurial marketing orientation among university students. The sample used was students of the Faculty of Economics and Islamic Business UIN Prof. K.H. Saifuddin Zuhri Purwokerto who had participated in a business internship program (PMBM). Data were collected using questionnaire instruments and analyzed using Confirmatory Factor Analysis technique. The results revealed that Islamic entrepreneurial marketing orientation proved to be a multidimensional construct consisting of factors such as: Activeness, Opportunity orientation, Risk orientation, Innovation orientation, Customer orientation, Value orientation, Committed and Shari'ah conformance. The results showed that the dimensions of Islamic entrepreneurial marketing orientation of respondents were generally quite good. This can be seen from the percentages that are above the 70% criterion). As for the dimensions that are still low are proactiveness (64%) and risk orientation (59%). This study provides novelty by finding that the implementation of sharia conformance is proven to be important in building Islamic entrepreneurial marketing orientation among Islamic students in Islamic university. However, other factors need to be emphasized more in the development of the programme since the results show that other factors are stronger in forming the students orientation in Islamic entrepreneurial marketing. Future research can be conducted by developing similar research on Islamic students in other region and in privat university.

Medical education in Latvia: an overview of current practices and systems.

Located in northern Europe, Latvia is one of the three Baltic States with a population of 1.9 million. The country has a rich history of medical education spanning a century and is becoming an emerging global hub for medical education. Although the surge in international students has been beneficial for the development of educational and research infrastructure, increasing demands from local students, along with institutional capacity constraints, have overburdened the available resources. Substantial investments are being made to adapt to the rapidly changing geopolitical and techno-biomedical landscape. This perspective paper presents an overview of the country's medical education system, its challenges, and prospects from pre-university to doctoral level.

การปรับปรุงการแปรรูปอาหารทะเลในวิสาหกิจขนาดเล็ก: กรณีศึกษาการผลิตน้ำปลาผสม

The seafood industry is economically important and generates high income. Therefore, the government has a policy to push the Thai food industry into a global food hub. This is a good opportunity for Thai seafood industries throughout the supply chain. In increasing the quantity and value of the export of Thai aquatic products. The fish sauce market has been adversely affected by the competition of seasoning powders that can be easily substituted and have good taste. This trend has had a serious impact on the competitiveness of small operators. Therefore, this research focuses on the study of the blended fish sauce production process, which is low price, large market, and high competition. But has a relatively high energy cost by increasing productivity in the brewing process at lower energy costs. The improvement results showed that the energy cost per 1 cycle of mixed fish sauce production decreased from 1,210.65 baht to 536 baht or approximately 0.55 baht / liter to 0.24 baht / liter, which increases the productivity per unit of energy by approximately 56.36%.

Factors Influencing Readiness towards Halal Logistics among Food and Beverages Industry in the Era of E-Commerce in Indonesia

Based on Global Islamic Economy Indicator 2019/2020 report, Indonesia is in the fourth position globally as a country that uses a Sharia economic system. Seeing Indonesia's opportunities, it should be able to act as a regional and global halal hub. Efforts to encourage the halal industry through strengthening the halal value chain are one of the strategies to encourage Indonesia to become a global halal hub player. This study utilizes the structural equation modeling to examine relationships among key factors affecting readiness towards halal logistics in the food and beverages industry in Indonesia. 13 key factors are confirmed with measurement-model results, including (1) Cleanliness, (2) Safety, (3) Islamic Dietary Law, (4) Physical Segregation, (5) Material Handlings, (6) Storage and Transport, (7) Packaging and Labelling, (8) Ethical Practices, (9) Training and Personnel, (10) Resource Availability, (11) Innovative Capability, (12) Marketing Performance, (13) Financial Performance. The population in this study is in the food and beverage industries, especially in Semarang, Yogyakarta, Malang, and Surabaya. Cluster random sampling was used in this research with as many as 150 sample respondents. A survey with an online questionnaire was conducted in this research. The structural-model results reveal directions of relationships among key factors. Resource availability, training and personnel, and innovative capability are the most important factor in halal supply chain readiness. Further research can focus on other industrial sectors, such as fashion and tourism, as stated in the 2019-2024 Indonesian Sharia Economic Masterplan

Oil Reserves in the Middle East: A Comprehensive Analysis

The Middle East has long been recognized as a global hub for oil production, with substantial reserves that play a pivotal role in the world's energy supply. This scientific journal article provides a comprehensive analysis of oil reserves in the Middle East, offering insights into their geological formation, distribution, and the geopolitical implications associated with their exploitation. The article also explores the region's potential for sustainable resource management and the challenges it faces in an evolving global energy landscape.

Network biomarkers in recovered psychosis patients who discontinued antipsychotics

There are no studies investigating topological properties of resting-state fMRI (rs-fMRI) in patients who have recovered from psychosis and discontinued medication (hereafter, recovered patients [RP]). This study aimed to explore topological organization of the functional brain connectome in the RP using graph theory approach. We recruited 30 RP and 50 age and sex-matched healthy controls (HC). The RP were further divided into the subjects who were relapsed after discontinuation of antipsychotics (RP-R) and who maintained recovered state without relapse (RP-M). Using graph-based network analysis of rs-fMRI signals, global and local metrics and hub information were obtained. The robustness of the network was tested with random failure and targeted attack. As an ancillary analysis, Network-Based Statistic (NBS) was performed. Association of significant findings with psychopathology and cognitive functioning was also explored. The RP showed intact network properties in terms of global and local metrics. However, higher global functional connectivity strength and hyperconnectivity in the interconnected component were observed in the RP compared to HC. In the subgroup analysis, the RP-R were found to have lower global efficiency, longer characteristic path length and lower robustness whereas no such abnormalities were identified in the RP-M. Associations of the degree centrality of some hubs with cognitive functioning were identified in the RP-M. Even though network properties of the RP were intact, subgroup analysis revealed more altered topological organizations in the RP-R. The findings in the RP-R and RP-M may serve as network biomarkers for predicting relapse or maintained recovery after the discontinuation of antipsychotics.

Employment Opportunities with Make in India

The Government of India's campaign Make in India, which means "Make in India", has been implemented by the Government of India on 25 September 2014 in the country. The Government of India aims to make India a Global Manufacturing Hub. Under this campaign, the public has to be encouraged for manufacturing, companies have to be encouraged to develop. Investment promotion is a new initiative to encourage people to manufacture globally in the country, which has further eased the Indian business policy. Under Make in India, inviting foreign companies in the form of employment, technology and investment is to 'use' the land and put it in the development works of the country.Make in India is being led by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India. Under Make in India, the Government of India aims to develop the Indian economy and provide investors controlled economic growth by the year 2022. Achievement has been achieved in about 25 areas under Make in India. We can say that the Make in India campaign is an initiative taken by the Government of India to fulfill the goal of economic development of the country in which domestic manufacturing is being promoted, employment opportunities are being provided and foreign companies are also being promoted. Attracting investment. Make in India is playing an important role in the economic development of India.

Under the radar: Ireland, maritime security capacity, and the governance of subsea infrastructure

ABSTRACT Subsea infrastructure is typically out of sight, but in recent times, seldom out of mind. The sabotage of the Nord Stream pipelines in October 2022 has magnified the vulnerability and critical importance of subsea infrastructure. It also exposed a lack of understanding on how subsea networks operate, how they are regulated, who controls them and how they are protected. Ireland matters in this context. Despite its official policy of neutrality, Ireland occupies an important strategic position in terms of transatlantic telecommunications cables between the United States, Britain and continental Europe. The conflict in Ukraine has amplified tensions in this context in terms of the increased threat of grey-zone/hybrid warfare activity. This article will consider for the first time how a global connectivity hub on the western periphery of Europe governs critical underwater infrastructure. It will discuss the context and agencies involved in subsea cable governance in Ireland and identify the gaps in this protection before formulating suggestions for the long-term improvement of Ireland’s maritime security capacity. The Irish case is important as it can help inform defence policy and security practice in other island states with large maritime jurisdictions and in particular states with small navies.

Exploring Household Food Waste Reduction for Carbon Footprint Mitigation: A Case Study in Shanghai, China.

With the steady growth of the global population and the accelerated urbanization process, the carbon footprint resulting from food waste has a significant impact on the environment and sustainable development. Considering Shanghai's significance as a major urban center in China and a global hub for economic and cultural activities, this study primarily aims to accurately estimate household food waste generation and calculate the carbon footprint related to edible food waste. It analyzes the factors influencing household food waste generation and reviews the anti-food waste-related policies at both the national and Shanghai regional levels. The study reveals that although the Shanghai municipal government attaches great importance to the issue of food waste, the current policies mainly focus on the catering industry, and there is still a need for further strengthening measures to address food waste at the household level. In Shanghai, the per capita daily food waste generation is 0.57 kg, with 43.42% being edible food waste, contributing to a per capita daily carbon footprint of 1.17 kgCO2eq. Employing the logistic regression analysis to scrutinize the characteristics of the respondents, it is ascertained that education level and annual household income significantly influence food waste generation. In addition, excessive food quantities and expiration dates lead to high-frequency food waste. The culmination of this study is the formulation of a series of pragmatic and impactful policy recommendations aimed at curbing the carbon footprint that stems from food waste.

Analysis of Toxic Metals Found in Shark Fins Collected from a Global Trade Hub.

As human activities release increasingly more fossil fuel-derived emissions directly into the atmosphere, terrestrial, aquatic, or marine ecosystems, the biomagnification and bioaccumulation of toxic metals in seafood is an ever more pressing concern. As apex predators, sharks are particularly susceptible to biomagnification and bioaccumulation. The consumption of shark fin is frequent throughout Asia, and their ingestion represents a pathway through which human exposure to potentially unsafe levels of toxic metals can occur. Shark fins processed for sale are difficult, if not impossible to identify to the species level by visual methods alone. Here, we DNA-barcoded 208 dried and processed fins and in doing so, identified fourteen species of shark. Using these identifications, we determined the habitat of the shark that the fin came from and the concentrations of four toxic metals (mercury, arsenic, cadmium, and lead) in all 208 samples via inductively coupled plasma mass spectrometry. We further analyzed these concentrations by habitat type, either coastal or pelagic, and show that toxic metal concentrations vary significantly between species and habitat. Pelagic species have significantly higher concentrations of mercury in comparison to coastal species, whereas coastal species have significantly higher concentrations of arsenic. No significant differences in cadmium or lead concentrations were detected between pelagic or coastal species. Our results indicate that a number of analyzed samples contain toxic metal concentrations above safe human consumption levels.

Processing Country Centroids at the Global Biodiversity Information Facility

The Global Biodiversity Information Facility (GBIF) is an international network and data infrastructure that promotes open access to biodiversity data. GBIF serves as a global hub for aggregating and disseminating biodiversity information from diverse sources, including museums, research institutions, and citizen science projects. I will present recent additions to GBIF data quality measures, focusing on the introduction of the country centroid filtering feature. Additionally, I explore the functionality and significance of GBIF data quality flags, which aid in assessing the reliability and usability of the aggregated data. I will also discuss recent changes to the default filtering mechanism employed by GBIF to remove suspicious points. GBIF Data Quality Flags GBIF employs a large set of data quality flags to provide users with an assessment of the reliability and fitness for use of the aggregated data. These flags are assigned based on various quality-related criteria, such as geographic precision, taxonomic accuracy, and completeness of associated metadata. By analyzing these flags, users can make informed decisions regarding the suitability of data for their specific research or conservation needs. GBIF data quality flags serve as valuable indicators that facilitate data filtering and enhance data usability. These flags are assigned to individual occurrence records based on various quality-related criteria and are designed to help data users evaluate the trustworthiness and suitability of the data for their specific needs. Country Centroid filter Retrospective geocoding is a process in which historical occurrence data lacking precise geographic coordinates are assigned approximate mappable locations based on other available information, such as locality descriptions, gazetteers, or administrative boundaries. Retrospective geocoding introduces centroids into occurrence datasets wherever better information than a large named area is unknown. A Country centroid refers to the geographical center point of a country's geographic polygon. Recently, GBIF has implemented country centroid filtering as a feature. By utilizing this filtering technique, GBIF users can identify and exclude occurrences that are country or area centroids. This ensures that data users receive more accurate and reliable information, reducing potential errors resulting from georeferencing issues. The Catalogue of Centroids is a GitHub repository designed to collect and provide a comprehensive list of country centroids for the purpose of occurrence data filtering. The repository serves as a central resource for storing and sharing centroid coordinates associated with each country, area, or province. The main idea is to gather the from sources most often used during retrospective geo-referencing of museum collections. Fig. 1 Default Filtering and Treatment of Suspicious Points GBIF employs default filtering mechanisms to identify suspicious occurrences from its aggregated datasets. For example, the "Country Coordinate Mismatch" data quality flag in GBIF is a quality assessment indicator that highlights occurrences where there is a potential mismatch between the recorded coordinates and the associated country information. Similarly, zero coordinates are often encountered as placeholders or missing data points. GBIF's default filtering process identifies such occurrences from the dataset, as they can introduce inaccuracies when conducting spatial analyses or mapping exercises. This step ensures that only reliable and valid occurrences are available for further analyses and downstream applications. GBIF continues to improve data quality flagging, which significantly enables users to assess the fitness of data for a particular use and increases the utility of the mediated biodiversity information.

The Future of Sharia-Based Employment Insurance for Indonesia’s Employment Insurance Agency (BPJS Ketenagakerjaan): Learning from Malaysia

The growing Islamic economy worldwide has inspired the launch of “Indonesia’s Islamic Economic Masterplan 2019-2024” in May 2019. The blueprint aims to establish a sustainable domestic Islamic market and make Indonesia the key player in the global Islamic economy and finance hub by developing several sectors such as Islamic banking, Islamic capital market, social security, and Islamic social sectors. Data from Indonesia’s Financial Authority shows a huge gap between conventional and Islamic insurance regarding their contribution to Indonesia’s GDP in the third quarter of 2018. The former contributed 31,7%, while the latter only had 1,13%. It seems that Indonesia, home to the world’s largest Muslim population, is left behind among other Muslim majority countries to create an Islamic economic market. In contrast, Malaysia with fewer Muslim inhabitants has succeeded in building a feasible sharia economic market and Islamic insurance in its social security institution called the Employees’ Provident Fund (EPF). This study uses a comparative study to observe phenomena and analyze differences and similarities to be interpreted or evaluated, and comparisons will be made between Indonesia and Malaysia as units of analysis. Our findings indicate that the probability of developing Islamic insurance in social security institutions not only depends on the precise scheme that BPJS Ketenagakerjaan will introduce as the provider but also on the willingness of the national government to build a new regulatory framework.

Evaluating the Economic Potential for Geological Hydrogen Storage in Australia

Australia has ambitions to become a major global hydrogen producer by 2030. The establishment of Australia’s and the world’s hydrogen economy, however, will depend upon the availability of affordable and reliable hydrogen storage. Geological hydrogen storage is a practical solution for large scale storage requirements ensuring hydrogen supply can always meet demand, and excess renewable electricity can be stored for later use, improving electricity network reliability. Hosting thick, underground halite (salt) deposits and an abundance of onshore depleted gas fields, Australia is well placed to take advantage of geological hydrogen storage options to support its ambition of building a global hydrogen hub export industry. Using the Bluecap modelling software, we identify regions in Australia that are potentially profitable for large scale hydrogen production and storage. We use the results of this work to suggest high-potential regions for hydrogen development, supporting policymaker and investor decisions on the locations of new infrastructure and hydrogen projects in Australia.

The Future Of Jakarta As A Global Business City After The Relocation Of Indonesia's Capital To Borneo

This research concept paper examines the potential evolution of Jakarta's role as a global business city following the consequential decision to relocate Indonesia's capital to Borneo. The paper undertakes a comprehensive analysis of the economic, infrastructural, and socio-political dimensions that shape Jakarta's prospects in this new paradigm. Drawing from reputable sources and scholarly insights, the paper provides a structured exploration of the multifaceted implications of the capital relocation and its implications for Jakarta's position as a global business hub.

Indigenization (Local Development) Of Electronic Components in Strategic Sector Towards Achieving Self-Reliance

In this current digital era, electronic products have become an indispensable part of our lives and its demand is increasing due to rapid advances in technology. At present, India‘s electronic industry has a minuscule share at the global electronic market. In present scenario, the growth of the country strongly depends on self-reliance on various electronic components especially semiconductor integrated circuits. In order to establish self-reliance, indigenization (developing locally) of electronic components is the need of the nation. Perhaps the process of indigenization tends to be highly dynamic which in turn depends greatly on various aspects apart from several policy initiatives, which are ever evolving. Also, indigenization of electronic components imposes lot of constrains due to lack of quality product ecosystem in the country. Limited market involving huge investments makes industries reluctant to venture in this arena. Sustaining indigenous vendors is the biggest challenge especially for aerospace applications. Nevertheless, the country has the potential to become a global hub for components manufacturing due to availability of cost-effective skilled manpower, fast improving infrastructure and the push through various initiatives by the policy makers, thereby evolving an "AtmaNirbhar" (self-reliant) Bharat to reality. This paper describes an overview of country’s electronic industry, opportunities towards indigenization and challenges, suggestive methodologies for mitigation of bottlenecks through hand-holding domestic industries and thereby ensuring high reliability devices for aerospace and other strategic sector applications.

The Aeroplane and the Making of Modern India by Aashique Ahmed Iqbal, and: Hong Kong Takes Flight: Commercial Aviation and the Making of a Global Hub, 1930s–1998 by John D. Wong (review)

The Aeroplane and the Making of Modern India by Aashique Ahmed Iqbal, and: Hong Kong Takes Flight: Commercial Aviation and the Making of a Global Hub, 1930s–1998 by John D. Wong (review)

Dynamic hedging strategies across assets and commodities – a wavelet analysis

PurposeThe aim of this research is to explore multiscale hedging strategies among cryptocurrencies, commodities, and GCC stocks. Particularly, this is done by evaluating the connectedness among these asset classes covering a period with COVID-19 implications. Using the wavelet approach, the present study aims to recommend whether there exist different time horizon-based hedging abilities across the asset classes.Design/methodology/approachThe approach used in this study is a multiscale decomposition of time series based on wavelets of daily prices of 13 asset classes. Since the wavelet analysis allows to decompose the time series into its frequency components at different time scales by a filtering process the study covered 1-day, 8-day, and 64-day time horizons to examine the hedging properties across those asset classes.FindingsThe results of this study show that hedging effectiveness differs among stock markets over time. In some cases, cryptocurrencies may keep their hedging properties across time while in others they switch from safe haven to hedge devices. In almost all cases, the three main cryptocurrencies showed diversifying properties as was observed by the multiscale correlation and hedge ratio estimations. In a competing sense, gold showed safe haven properties across time than cryptocurrencies except at an 8-day time scale where hedge ratios were low, positive and statistically different from zero that could be interpreted as a good hedge device in the medium term.Research limitations/implicationsThough this research has considered a set of thirteen asset classes, it was limited to a period in which most cryptocurrencies started trading for the first time which reduces the number of observations compared to Bitcoin prices and stable coins such as Ethereum, Ripple, and Bitcoin Cash. Also, the research was focused on the GCC stock markets which may have different results as compared to other regional markets of Asia or Latin America. A comparative analysis in future could be another area of research in future.Practical implicationsThis study has some significant policy implications. The cryptocurrency market is severely affected by demand and risk shocks to crude oil prices during the COVID-19 period. From the investor's point of view, diversification benefits can be obtained by combining cryptocurrencies along with oil-related products during episodes of financial turmoil and COVID-19 pandemic. The GCC region is constantly endeavoring to adopt more scientific tools and mechanisms of investment, and therefore, this study's results will provide some useful directions to the government, policymakers, financial institutions, and investors.Originality/valueThe current study covers a big bunch of 13 assets spanning across financial and real assets. This is based on literature gap and hence, will be a significant addition to the existing literature. Moreover, the GCC region is emerging as a global investment hub and this study will provide investors dynamic hedging strategies across these asset classes.

Impact of Digital Technology on Entrepreneurship in Amsterdam, Netherlands

Digital technology enables the creation, manipulation, and exchange of data in various forms, facilitating communication, automation, and the development of innovative solutions. Amsterdam has established itself as a global hub for tech events, conferences, and meetups, attracting entrepreneurs, investors, and thought leaders from around the world. These gatherings not only showcase Amsterdam's vibrant entrepreneurial scene but also provide opportunities for cross-pollination of ideas, partnerships, and international collaboration. The availability of a robust digital infrastructure, a supportive environment, and government initiatives have laid the foundation for entrepreneurial success. The study used the descriptive research design. The target population was 120 SMEs.  The study did sampling of 90 respondents that were selected from the target population of 120 in Amsterdam, Netherlands. Questionnaires were used to collect the data. It was concluded that Amsterdam has witnessed a flourishing startup scene, driven by a favorable ecosystem that embraces digital technology. The availability of robust digital infrastructure, including high-speed internet connectivity and reliable technology systems, has provided entrepreneurs with the required tools and resources to launch and scale their ventures effectively. Employing digital technologies in entrepreneurial endeavors has implications that go well beyond using them as a method of achieving a goal. The study recommended that initiatives like incubators, co-working spaces, and industry-specific events should be encouraged to bring together entrepreneurs, investors, and industry experts. This would facilitate networking, idea exchange, and potential partnerships, leading to further growth and success for Amsterdam's entrepreneurial ecosystem. Offering incentives, grants, and funding programs specifically targeted at digital startups can attract more entrepreneurs to Amsterdam and encourage local talent to pursue entrepreneurial ventures. Keywords: Digital Technology, Entrepreneurship, Netherlands