D 2023

Startups and Global Startup Ecosystems

TÓTHOVÁ, Veronika and Milan FIĽA

Basic information

Original name

Startups and Global Startup Ecosystems

Authors

TÓTHOVÁ, Veronika and Milan FIĽA

Edition

Praha, European Forum of Entrepreneurship 2023, p. 261-273, 2023

Publisher

NEWTON College

Other information

Type of outcome

Proceedings paper

Confidentiality degree

is not subject to a state or trade secret

Publication form

electronic version available online

References:

Organization unit

NEWTON University

ISBN

978-80-87325-68-1

Keywords in English

Startup; Innovation; Economic Potential; Ecosystem; SME

Tags

Reviewed
Changed: 18/3/2025 12:39, Ing. Veronika Tóthová, PhD.

Abstract

V originále

Startups are a very important part of every economy. In the last years, startups gain on importance because of their innovative way of solving problems and not-so-strict business structure. When we speak about startups we need to know, that they are very jung enterprises with quick growth potential and they are not a permanent stay of entrepreneurship. For maintaining a good innovation performance in a country it is important to support such innovative firms and individuals and to create a supportive environment so these creatives stay in their home country and do not look for better opportunities abroad, where financial and law opportunities are much more profitable. Also, the startup ecosystem of a country is very important for the forming and development of innovative ideas and their transformation into startups. From the global point of view, we can see, that countries with good business infrastructure, high financial and also non-financial support, and good enterprises-university-financial organizations network belong to the top global startup ecosystems, and also they are the home to many globally known unicorn startups, which are also with their value an important part of the economy. The aim of this paper is to provide a comprehensive view of startups and the global startup ecosystem, which forms the basic framework for the development and support of startups and their establishment within the local and often also the world economy.