Innovation Ecosystems and Startup Growth: An Analytical Perspective
DOI:
https://doi.org/10.63856/qdvhkf38Keywords:
Innovation Ecosystems, Startup Growth, Venture capital, Government Policy, Knowledge Exchange, Educational Institutions, Entrepreneurial ecosystems, Open Innovation, Startup success Factors, Resource-Based View (RBV),Digital Transformation.Abstract
The paper will discuss how innovation ecosystems can be used to support the growth of startups. By exploring all the play strats among different components of the ecosystems, including the government policies, funding structures, the educational institutions, and the role of venture capital, the study highlights the impacts of these elements on the startups creation and viability. The study is based on both theoretical knowledge and empirical research, which has given an in-depth picture of the factors that are favorable to startups. Another topic examined in this paper is the issues of startups and how these innovation ecosystems can be streamlined to promote their expansion and sustainability.
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