Entrepreneurship and innovation as levers for economic growth in Morocco

Abstract

Innovation, entrepreneurship, and economic growth are key elements of Morocco's economic development. The country has implemented several strategies to encourage innovation, promote entrepreneurship, and support entrepreneurs across various sectors, which contributes to its economic growth. In recent years, Morocco has undergone a significant transformation in its economic landscape, with increased focus on technological innovation. The Moroccan government has launched initiatives such as the “Morocco Digital Plan” and the “Industrial Acceleration Plan”, aiming to strengthen innovation capacities and attract foreign investment. These plans seek to diversify the Moroccan economy, traditionally focused on agriculture and the textile industry, by integrating emerging sectors such as information and communication technologies (ICT) and renewable energy. Entrepreneurship is also booming in Morocco, with a notable increase in the number of startups and SMEs. These businesses play a crucial role in job creation, representing about 90% of the country’s enterprises. Young Moroccan entrepreneurs benefit from incubation and acceleration programs that provide them with access to funding, training, and professional networks. Initiatives such as the “Startup Act” aim to facilitate business creation by simplifying administrative procedures and offering tax incentives. However, several challenges remain. Access to financing is still a major obstacle for many entrepreneurs, especially those from disadvantaged backgrounds. In addition, insufficient infrastructure in certain regions can hinder economic development. Bureaucratic complexities and a lack of coordination among different economic actors also pose barriers to innovation. To overcome these challenges, it is essential for Morocco to continue fostering an entrepreneurial culture and improving its regulatory framework. Support for scientific research is also crucial to encourage sustainable innovation. By integrating research more effectively into economic strategies, Morocco can not only boost its economic growth but also strengthen its position on the international stage.

Keywords: Innovation; entrepreneurship; economic growth; sustainable development.

Received Date: August 21, 2025              

Accepted Date: September 13, 2025            

Published Date: October 01, 2025

  Available Online at https://www.ijsrisjournal.com/index.php/ojsfiles/article/view/462