Growth drivers of high-tech start-ups by the example of Finland

Костин К.Б.1
1 Санкт-петербургский государственный экономический университет

Journal paper

Russian Journal of Entrepreneurship *
Volume 18, Number 18 (September 2017)
* Этот журнал не выпускается в Первом экономическом издательстве

Please, cite as:
Kostin K.B. Drayvery razvitiya vysokotekhnologichnyh startapov na primere Finlyandii // Rossiyskoe predprinimatelstvo. – 2017. – Tom 18. – № 18. – S. 2705-2718. – doi: 10.18334/rp.18.18.38303.

Abstract:
The paper defines the concept of startups, offers their classification and examines their pros and cons. Using the example of the experience of Finland which is one of the world leaders in effective start-up ecosystems, we determine the key features of Finish ecosystem that ensure high competitiveness of business. We reveal the differences and the main characteristics of high-tech startups, determine the main growth drivers of Finish high-tech business in the area of high-tech start-ups and consider the main effects of launching high-tech startups.

Keywords: global economy, innovative technologies, high-tech business, high-tech startups, growth drivers, startup ecosystem

JEL-classification: M13, M20, M21

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