The importance of startups for construction of innovative economies

Objective: The aim of this article is to determine the impact of startup businesses on the innovation of the economy. Research Design & Methods: The statistics are from foundation reports, specializing in the study of the startup environment in Poland, Eurostat databases and the Central Statist...

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Main Authors: Joanna Szarek, Jakub Piechuch
Format: Article
Language:English
Published: Cracow University of Economics 2018-10-01
Series:Przedsiębiorczość Międzynarodowa
Subjects:
Online Access:http:////pm.uek.krakow.pl/article/view/1723
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author Joanna Szarek
Jakub Piechuch
author_facet Joanna Szarek
Jakub Piechuch
author_sort Joanna Szarek
collection DOAJ
description Objective: The aim of this article is to determine the impact of startup businesses on the innovation of the economy. Research Design & Methods: The statistics are from foundation reports, specializing in the study of the startup environment in Poland, Eurostat databases and the Central Statistical Office. The article attempts to define the concept of startup as a business, based on an innovative idea or pioneering business. Findings: As a result, they are companies that create a completely new product or service, not based on replicated offers from other market players, and do not replicate existing ones. Business activity is subject to a considerable degree of risk. The analysis of the correlation between the number of Micro-enterprises and GDP per capita (PPS) as well as the number of patents issued for national inventions by the Polish Patent Office and GDP per capita (PPS) showed a strong correlation between the variables tested. Contribution & Value Added: The benefits of developing a country-wide startup ecosystem contribute to government-directed R & D, in order to create a favorable environment for a new business model. The development of new businesses is an opportunity to improve the condition of national economies and the situation of society, and above all to increase the innovativeness of regions.
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spelling doaj.art-d15965b5e69f44a69034d7dd2dff42992022-12-22T01:13:30ZengCracow University of EconomicsPrzedsiębiorczość Międzynarodowa2543-537X2543-49342018-10-0142697810.15678/PM.2018.0402.051253The importance of startups for construction of innovative economiesJoanna Szarek0Jakub Piechuch1University of Agriculture in KrakowUniversity of Agriculture in KrakowObjective: The aim of this article is to determine the impact of startup businesses on the innovation of the economy. Research Design & Methods: The statistics are from foundation reports, specializing in the study of the startup environment in Poland, Eurostat databases and the Central Statistical Office. The article attempts to define the concept of startup as a business, based on an innovative idea or pioneering business. Findings: As a result, they are companies that create a completely new product or service, not based on replicated offers from other market players, and do not replicate existing ones. Business activity is subject to a considerable degree of risk. The analysis of the correlation between the number of Micro-enterprises and GDP per capita (PPS) as well as the number of patents issued for national inventions by the Polish Patent Office and GDP per capita (PPS) showed a strong correlation between the variables tested. Contribution & Value Added: The benefits of developing a country-wide startup ecosystem contribute to government-directed R & D, in order to create a favorable environment for a new business model. The development of new businesses is an opportunity to improve the condition of national economies and the situation of society, and above all to increase the innovativeness of regions.//pm.uek.krakow.pl/article/view/1723Startup, innovation, innovative economym, startup ecosystem
spellingShingle Joanna Szarek
Jakub Piechuch
The importance of startups for construction of innovative economies
Przedsiębiorczość Międzynarodowa
Startup, innovation, innovative economym, startup ecosystem
title The importance of startups for construction of innovative economies
title_full The importance of startups for construction of innovative economies
title_fullStr The importance of startups for construction of innovative economies
title_full_unstemmed The importance of startups for construction of innovative economies
title_short The importance of startups for construction of innovative economies
title_sort importance of startups for construction of innovative economies
topic Startup, innovation, innovative economym, startup ecosystem
url http:////pm.uek.krakow.pl/article/view/1723
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