Bìznes Inform (May 2024)
Ukrainian Startup Ecosystem as a Driver of Economic and Strategic Resilience
Abstract
The aim of the article is to comprehensively analyze the key adaptive transformations in the technological ecosystem of Ukraine during the wartime period as a driver of its economic and strategic development, in particular in the period of post-war reconstruction, as well as to generalize the most relevant approaches and features of evaluation of startups. Particular attention is paid to strategic startups in the field of defense, cybersecurity, deep learning algorithms, space and other advanced production technologies, in particular in the context of specific aspects that should be taken into account when assessing their value. The study uses general scientific methods and specific economic and statistical approaches, in particular methods of analysis and synthesis to classify approaches to evaluating startups, as well as descriptive statistics and graphical analysis to identify structural changes in the technological ecosystem of Ukraine. The carried out study showed that in recent years there has been a significant increase in the number and variety of startups specializing in strategic sectors of the economy. Their development is due to both the strategic needs of the State for means to increase defense capability and national security, and global technological trends, in particular in the field of artificial intelligence and cybersecurity. In addition, it is determined that for assessing the value of startups in strategic sectors of the economy, the most flexible and relevant are the method of real options, the method of testing hypotheses, and the approaches based on scenario analysis. The results of the presented study can be taken into account when improving traditional and new methods of evaluating startups and new companies, in particular in terms of taking into account their strategic value using premiums or other valuation techniques. Prospects for future research in this direction are to improve the existing methods for evaluating startups from strategic industries, taking into account the specifics of the sector and the high level of geopolitical and macroeconomic uncertainty.
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