Modeling of Processes of Formation of Startup Ecosystems on the Basis of Cluster Analysis: Entrepreneurial Aspect

Dymchenko, Olena; Smachylo, Valentyna; Rudachenko, Olha; Dril, N.

doi:10.33042/2522-1809-2022-2-169-71-78

Cited by 3 publications

(3 citation statements)

References 4 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The dynamics were investigated in terms of groups of countries, which were unified using cluster analysis, which allowed forming 5 clusters, presented in detail in the studies (Dymchenko et al, 2022;Kyzym et al, 2022). To assess the impact of changes in each component of the start-up ecosystem, a regression-correlation analysis was chosen, which allows finding the impact of factors on the final indicator.…”

Section: Methodsmentioning

confidence: 99%

“…Among the UAE's successful start-ups is the Middle East's first unicorn, Careem, which was sold to Uber for nearly 3 billion USD. Another positive element is the constant reform of business by the government, and the adoption of laws that favour entrepreneurs and the banking system, which ensures the development of innovations (Dymchenko et al, 2022). An analysis of the dynamics of changes in start-up ecosystems in Cluster 5 countries is presented in Table 6.…”

Section: Source: Compiled By the Authorsmentioning

confidence: 99%

See 1 more Smart Citation

Modeling the influence of startup ecosystem components: Entrepreneurial aspect

Dymchenko¹,

Smachylo²,

Rudachenko³

et al. 2022

Scientific Horizons

View full text Add to dashboard Cite

Defining the basis for the development of a country’s start-up ecosystems as the basis for activating entrepreneurship is an urgent task of restoring the country’s economy. The purpose of this study is to identify ways to improve the country’s start-up ecosystem based on the construction of economic and mathematical models for activating business activities. The research methodology is based on statistical research methods, namely dynamics analysis; to assess the strength of the influence of each component of the start-up ecosystem on the change in position in the rating, regression correlation analysis was chosen, which allows identifying the strength of the influence of factors on the final indicator. The components of the start-up ecosystem were investigated, which means an interactive and interdependent set of institutions whose activities create an environment for the qualitative and quantitative growth of start-ups as subjects of innovative entrepreneurship development. The use of statistical analysis methods for the data of the countries, which were grouped into 5 clusters, allowed determining the absolute changes in the values of the Global Start-up Ecosystem Index rating indicators from Start-up Blink: rating change, quantitative component, qualitative component, business environment, general summary. Based on regression-correlation analysis, economicmathematical models were built, which describe the influence of the components of the country’s ecosystem on the change in the rating positions in the section of four clusters, demonstrating: a strong connection between the factors and the result (Clusters 2, 4). Weak connection for the countries of Clusters 3, 5, which indicates the dependence of the development of start-up ecosystems on other factors that are not considered in their description and which affect the development of start-ups and entrepreneurship in the countries of Clusters 3, 5. The practical value of this paper is that the results of the study can serve as the basis for the local and state authorities to form strategies to develop start-up ecosystems at the national and regional level

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Source: Compiled By the Authorsmentioning

confidence: 99%

Modeling the influence of startup ecosystem components: Entrepreneurial aspect

Dymchenko¹,

Smachylo²,

Rudachenko³

et al. 2022

Scientific Horizons

View full text Add to dashboard Cite

show abstract

“…It is worth noting that the authors did not reach a consensus on the definition of the concept essence. However, it is possible to substantiate the characteristic distinguishing features [6] of a startup, namely:…”

Section: Literature Surveymentioning

confidence: 99%

The formation of a startup ecosystem as a basis for increasing entrepreneurial activity: the experience of Ukraine

Dymchenko¹,

Smachylo²,

Rudachenko³

et al. 2023

Competitiveness and Innovation in the Knowledge Economy

View full text Add to dashboard Cite

The development of entrepreneurship is the key to the economic growth of a democratic country with a market economy. The role of state and local authorities is to promote and increase entrepreneurial activity. An essential role in the development of entrepreneurship is played by startups as a special form of management, which is mainly aimed at innovative solutions to problems and satisfaction of needs. That is why the question arises in forming a complete and complex ecosystem for the development of entrepreneurship, where a startup ecosystem can be singled out separately. The purpose of this study is to develop a structural and logical model of a startup ecosystem based on the example of Ukraine. As a result of using a set of scientific research methods, a number of results were obtained. Based on the methods of structural and logical generalization, analysis, and synthesis, a theoretical interpretation of the basic categories of startup and startup ecosystem was provided. The study of literary sources on the essence of the startup ecosystem made it possible to establish its hierarchy and equality, which affects its content. Hierarchical demarcation (structuring) of the startup ecosystem of Ukraine was carried out, where 4 levels were distinguished: international (global), national, regional, and local. Features of each level are described. Based on the analysis of the constituent ecosystems, a structural and logical model of the startup ecosystem of Ukraine was developed and a description of its structural elements was carried out. Based on the structuring and comparative analysis of the components of the national startup ecosystem and foreign ones, directions for the further development of the startup ecosystem of Ukraine have been determined. Special attention is paid to the analysis and features of the formation of startup ecosystems at the local level, which includes the university level. The Ukrainian university start-up ecosystem and the stages of its implementation are presented in the example of the start-up ecosystem of the O.M. Beketov Kharkiv National University of Urban Economy, which is based on the theory of SMART specializations. The peculiarities of the activity and development of the start-up ecosystem of Ukraine in the conditions of the war with Russia have been determined.

show abstract

Startup Ecosystem as the Basis of Enterpreneurship Development

Dymchenko

Smachylo

Rudachenko

et al. 2023

Considerations of Territorial Planning, Space, and Economic Activity in the Global Economy

View full text Add to dashboard Cite

StartupBlink displays a map of the startup ecosystem and a research center that works to identify the dynamics of startup ecosystems around the world and help accelerate their growth. For a detailed investigation of the best practices for developing generalized recommendations for the development of the startup ecosystem, it is proposed to group countries, taking into account their rating and the changes that occurred in 2021 compared to 2020. Thus, the section groups countries by 5 clusters of startup ecosystems, which in the future may become the basis for the development of recommendations for business development and the formation of startup ecosystem strategies.

show abstract

Modeling of Processes of Formation of Startup Ecosystems on the Basis of Cluster Analysis: Entrepreneurial Aspect

Cited by 3 publications

References 4 publications

Modeling the influence of startup ecosystem components: Entrepreneurial aspect

Modeling the influence of startup ecosystem components: Entrepreneurial aspect

The formation of a startup ecosystem as a basis for increasing entrepreneurial activity: the experience of Ukraine

Startup Ecosystem as the Basis of Enterpreneurship Development

Contact Info

Product

Resources

About