STARTUP ECOSYSTEMS IN UKRAINE: PROBLEMS, TRENDS, PROSPECTS

Keywords: startup, startup ecosystem, innovative development, international rankings and indices

Abstract

The article is devoted to the study of the theoretical foundations of startup functioning, identification of problems and prospects for the development of the startup ecosystem in Ukraine. The article presents approaches to defining the essence of the concept of "startup", which are presented in the economic literature. The methodological basis of the article is a review of international indices and ratings of startup ecosystems: Global Innovation Index, Global Startup Ecosystem, Startup Ecosystem Index. The structure and composition of the main international indices and ratings that characterise the country's innovative development and startup ecosystems are studied. The main problems hindering the innovative development of Ukraine include: an unstable business environment; low level of state regulation; difficult access to finance, low volumes of domestic lending to small businesses; low level of global corporate investors in R&D, gross capital formation, investment attraction, and venture capital. It is determined that the driving force behind the intensification of innovation activity in the country is the support of the startup ecosystem. In Ukraine, despite the continuation of military aggression by Russia, the startup environment is adapting and tends to recover. To stimulate the development of start-ups in Ukraine, it is necessary to create a favourable business environment, expand access to finance, and ensure the stability of infrastructure. Supporting the startup ecosystem is a complex process that involves: increasing government investment, especially in the early stages of development; developing and implementing a regulatory framework that will promote innovative entrepreneurship; introducing tax incentives; strengthening intellectual property protection; expanding opportunities for innovators to present their results at international platforms; and stimulating the development of regional startup ecosystems. Ukraine has the potential to develop startups not only in the IT sector, but also in other industries: manufacturing, financial services, healthcare, and especially in the field of national security and defence.

References

Кохан М.О., Мазур А.В. Регіональні детермінанти розвитку екосистеми стартапів у місті Львові. Регіональна економіка. 2019. №4. С. 74-86. URL: https://re.gov.ua/re201904/re201904_074_KokhanMO,MazurAV.pdf

Asterbo T., Bazzazian N., Bragunskiy S. (2023) Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy. Research Policy. 41(4). 663-677. DOI: 10.1016/j.respol.2012.01.004

Singh, S. and Mungila Hillemane, B.S. (2023) Sources of finance for tech startups over its lifecycle: what determines their approach of sources and its success?, International Journal of Emerging Markets, 18(8). 1766-1787. https://doi.org/10.1108/IJOEM-06-2020-0705

Мулик Л. І., Солнцев С. О. Маркетинг незалежних та афілійованих стартапів. Економічний вісник Національного технічного університету України «Київський політехнічний інститут». 2017. №14. С. 336-342.

Фукс К.В. Особливості маркетингу стартапу крізь його життєвий цикл. Східна Європа: економіка, бізнес та управління. 2023. №2(39). С. 47-52. DOI: https://doi.org/10.32782/easterneurope.39-8

Сак Т.В., Шостак Л.В., Вознюк Ю.С. Розвиток стартапів в Україні: теоретичні аспекти, тенденції, можливості. Інфраструктура ринку. 2022. №65. С. 43-48. http://www.market-infr.od.ua/journals/2022/65_2022/9.pdf

Shvets G. Startup as a new of business line. Вісник Приазовського державного технічного університету. Серія: Економічні науки. 2018. № 35. С. 26-32. URL: http://nbuv.gov.ua/UJRN/VPDTU_ek_2018_35_6.

Ситник Н. І. Екосистема стартапів як складова інноваційної екосистеми. Бізнес Інформ. 2017. № 8. С. 89-94. URL: https://www.business-inform.net/export_pdf/business-inform-2017-8_0-pages-89_94.pdf

Левковець О.М. Стартап-екосистема України в контексті завдань збереження та розвитку інноваційного потенціалу. Економічна теорія та право. 2022. 3(50). 59-85. DOI: https://doi.org/10.31359/2411 5584 2022 50 3-59

Кизим М. О., Хаустова В. Є., Решетняк О. І. Організаційно-економічний механізм інтеграції освіти, науки та бізнесу: модель сучасного університету. Проблеми економіки. 2021. № 4. C. 29–41. DOI: https://doi.org/10.32983/2222-0712-2021-4-29-41

Подольчак Н. Ю., Карковська В. Я., Левицька Я. В. Екосистеми розвитку стартапів як принцип здійснення державної інноваційної політики. Інвестиції: практика та досвід. 2021. № 8. С. 82–87. DOI: 10.32702/2306-6814.2021.8.82

Евсейчев А. И. Основы стартап-менеджмента. http://www.tstu. ru/book/elib3/mm/2014/

Blank, S. G., & Dorf, B. (2012). The startup owner's manual: The step-by-step guide for building a great company. Pescadero, Calif: K & S Ranch, Inc.

Eric Ries. (2011). The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. New York : Crown Business, p. 320.

Startup Ecosystem Report. StartupBlink URL: https://www.startupblink.com/startupecosystemreport

Касич А.О., Джура А.М. Cтартап як форма підприємницької діяльності: поняття, значення, зарубіжний досвід. Інвестиції: практика та досвід. 2019. №2. С. 24-31.

Global Innovation Index 2023. URL: https://www.wipo.int/edocs/pubdocs/en/wipo-pub-2000-2023/ua.pdf

What is startup ecosystem? URL: http://www.startupcommons.org/what-is-startup-ecosystem.html

The State of the Global Startup Economy. URL: https://startupgenome.com/article/the-state-of-the-global-startup-economy

Global Startup Ecosystem Report 2023. URL: https://startupgenome.com/report/gser2023

30 кращих стартапів. URL: https://forbes.ua/ratings/30-luchshikh-startapov-02042021-1251.

Kokhan M. O., Mazur A. V. (2019) Rehionalni determinanty rozvytku ekosystemy startapiv u misti Lvovi [Regional determinants of startup ecosystem development in Lviv]. Rehionalna ekonomika, no. 4, pp. 74–86. URL: https://re.gov.ua/re201904/re201904_074_KokhanMO,MazurAV.pdf

Asterbo T., Bazzazian N., Bragunskiy S. (2023) Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy. Research Policy. 41(4). 663-677. DOI: 10.1016/j.respol.2012.01.004

Singh, S. and Mungila Hillemane, B.S. (2023) Sources of finance for tech startups over its lifecycle: what determines their approach of sources and its success?, International Journal of Emerging Markets, 18(8). 1766-1787. https://doi.org/10.1108/IJOEM-06-2020-0705

Mulik L.I., Solncev S.O. (2017) Marketing nezalegnih ta afiliyovanih startapiv [Marketing independent and affiliated startups]. Economic Bulletin. no. 14. Pp. 336-342.

Fuks K.V. (2023) Osoblivosti marketing startapu kriz yogo gitteviy cikl [Features of startup marketing through its life cycle]. Eastern Europe: economy, business and governance. no. 2(39). Pp. 47-52. DOI: https://doi.org/10.32782/easterneurope.39-8

Sak T.V., Shostak L.V., Voznyuk Yu.S. (2022) Rozvitok startapiv d Ukraine: teoretichni aspekti, tendencii, moglivosty [Development of startups in Ukraine: theoretical aspects, trends, opportunities] Market infrastructure. no. 65. Pp. 43-48. http://www.market-infr.od.ua/journals/2022/65_2022/9.pdf

Shvets G. (2018) Startup as a new of business line. Bulletin of Priazovsky State Technical University. Series: Economic sciences. no. 35. Pp. 26-32. URL: http://nbuv.gov.ua/UJRN/VPDTU_ek_2018_35_6.

Sitnik N.І. (2017) Ekosistema startapiv yak skladova innovaciynoi ekosistemi. Business Inform. no. 8. Pp. 89-94. URL: https://www.business-inform.net/export_pdf/business-inform-2017-8_0-pages-89_94.pdf

Levkovec O.M. (2022) Startap-ekosistema Ukraini v konteksti zavdan zberegennya ta rozvitku innovaciynogo potencialu [Ukraine's startup ecosystem in the context of preserving and developing innovation potential] Economic theory and law. no. 3(50). Pp. 59-85. DOI: https://doi.org/10.31359/2411 5584 2022 50 3-59

Kyzym M. O., Khaustova V. Ye., Reshetniak O. I. (2021) Orhanizatsiino-ekonomichnyi mekhanizm intehratsii osvity, nauky ta biznesu: model suchasnoho universytetu [Organizational and Economic Mechanism of Education, Science and Business Integration: The Modern University Model]. Problemy ekonomiky, no. 4. 29-41. DOI: https://doi.org/10.32983/2222-0712-2021-4-29-41

Podolchak N.Yu., Krakovska V. Ya., Levicka Ya. V. (2021) Ekosistimi rozvitku startapiv yak princip zdiysnenya dergavnoi innovaciynoi politiki [Startup development ecosystems as a principle of state innovation policy implementation] Investments: practice and experience. no 8. Pp. 82–87. DOI: 10.32702/2306-6814.2021.8.82

Yevseychev A.I. (2014) Osnovi startap-menegmenta [Basics of start-up management] URL: http://www.tstu. ru/book/elib3/mm/2014/

Blank, S. G., & Dorf, B. (2012). The startup owner's manual: The step-by-step guide for building a great company. Pescadero, Calif: K & S Ranch, Inc.

Eric Ries. (2011). The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. New York : Crown Business, p. 320.

Startup Ecosystem Report. StartupBlink URL: https://www.startupblink.com/startupecosystemreport

Kasich А.О., Gura А.М. (2019) Startap yak forma pidpriemnickoi diyalnosti: ponyattya, znacennya, zarubigniy dosvid [Startup as a Form of Entrepreneurial Activity: Concept, Meaning, and Foreign Experience]. Investments: practice and experience. no. 2. Pp. 24-31.

Global Innovation Index 2023. URL: https://www.wipo.int/edocs/pubdocs/en/wipo-pub-2000-2023/ua.pdf

What is startup ecosystem? URL: http://www.startupcommons.org/what-is-startup-ecosystem.html

The State of the Global Startup Economy. URL: https://startupgenome.com/article/the-state-of-the-global-startup-economy

Global Startup Ecosystem Report 2023. URL: https://startupgenome.com/report/gser2023

30 кращих стартапів. URL: https://forbes.ua/ratings/30-luchshikh-startapov-02042021-1251.

Article views: 111
PDF Downloads: 96
Published
2023-09-26
How to Cite
Hubarieva, I. (2023). STARTUP ECOSYSTEMS IN UKRAINE: PROBLEMS, TRENDS, PROSPECTS. Economy and Society, (55). https://doi.org/10.32782/2524-0072/2023-55-95
Section
MANAGEMENT