STARTUPS – DRIVING FORCE OF INNOVATIONS AND ECONOMY

Authors

  • Dia Kohli Kaunas University of Applied Sciences, Kaunas
  • Fatima Ezzahra Fatri Kaunas University of Applied Sciences, Kaunas
  • Sarmīte Saleniece Rezekne Academy of Technologies, Rezekne
  • Simona Jankauskaitė Kaunas University of Applied Sciences, Kaunas
  • Viktorija Stanaityte Kaunas University of Applied Sciences, Kaunas

DOI:

https://doi.org/10.17770/iss2023.7391

Keywords:

country’s economy, creation of startup, funding, innovations, startup

Abstract

This research paper aims to explore the world of startups and compare the startup ecosystems in different countries: Baltic countries, Morocco and India. The paper discusses the characteristics of startups, the challenges and opportunities they face in today's global market. This joint research paper also analyses the economic indicators of the startups in countries comparing the favorable conditions and success factors to be implemented. Overall, this research contributes to the understanding of the startup landscape and depicts the insights, based on successful startup companies, into how the countries can foster innovation and economic growth through entrepreneurship.

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References

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Published

2023-12-18