Bìznes Inform (Aug 2017)
The Ecosystem of Startups as a Component of the Innovation Ecosystem
Abstract
The article analyzes the current theoretical perceptions of the ecosystem of startups and presents the author’s own vision of this entity. It has been proposed to consider the ecosystem of startups as a subsystem of the innovation ecosystem, which aims at creating innovative products and services by startup companies. The ecosystem of startups is an open dynamic system in which the backbone subject is a startup company at various stages of the life cycle. The sustenance subjects in an ecosystem are the organizations, associations and individuals that cause impacts, to varying degrees, on the establishing or development of startups. The activities of the subjects are carried out in the following directions: public regulation, financing, training, information, and infrastructure support for startups. The ecosystem consists of a number of economic, material-and-technical, market, and socio-cultural factors that directly or indirectly influence the actions of the subjects. The vital activity of the ecosystem of startups is maintained by the active interaction of the subjects, connected by a network of internal links with the environment and between themselves.