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Competitiveness of High-Tech Start-Ups and Entrepreneurial Ecosystems: An Overview

High-tech start-ups are emerging rapidly all over the world, particularly in the developed world and emerging economies, since the early 2010s. So are the entrepreneurial ecosystems. Despite the growth in ecosystems, the rate of success of high-tech start-ups has hardly experienced an increase durin...

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Autor principal: Bala Subrahmanya, Mungila Hillemane
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Nature Singapore 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9117833/
http://dx.doi.org/10.1007/s42943-022-00056-w
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author Bala Subrahmanya, Mungila Hillemane
author_facet Bala Subrahmanya, Mungila Hillemane
author_sort Bala Subrahmanya, Mungila Hillemane
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description High-tech start-ups are emerging rapidly all over the world, particularly in the developed world and emerging economies, since the early 2010s. So are the entrepreneurial ecosystems. Despite the growth in ecosystems, the rate of success of high-tech start-ups has hardly experienced an increase during this period. As a result, while an innumerable number of high-tech start-ups emerge, a considerably small proportion of the emerged ones is able to survive, and only a negligible proportion of the survived ones scale up. Though the number of Unicorns emerged from the start-up hubs has increased significantly in 2021, these Unicorns still account for a minute proportion of the emerged high-tech start-ups in almost every start-up hub recognized globally. This brings to the fore the critical importance of “competitiveness of high-tech start-ups”, and the need to explore the factors which determine the competitiveness, in the context of entrepreneurial ecosystems. It is against this backdrop that we invited scholarly articles, empirical studies, reviews and perspective papers based on the theme “Competitiveness of High-tech Start-ups and Entrepreneurial Ecosystems”. This article presents the editorial observations, summary of the select articles, followed by future research directions (for academicians) and provides managerial and policy recommendations.
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spelling pubmed-91178332022-05-19 Competitiveness of High-Tech Start-Ups and Entrepreneurial Ecosystems: An Overview Bala Subrahmanya, Mungila Hillemane JGBC Editorial High-tech start-ups are emerging rapidly all over the world, particularly in the developed world and emerging economies, since the early 2010s. So are the entrepreneurial ecosystems. Despite the growth in ecosystems, the rate of success of high-tech start-ups has hardly experienced an increase during this period. As a result, while an innumerable number of high-tech start-ups emerge, a considerably small proportion of the emerged ones is able to survive, and only a negligible proportion of the survived ones scale up. Though the number of Unicorns emerged from the start-up hubs has increased significantly in 2021, these Unicorns still account for a minute proportion of the emerged high-tech start-ups in almost every start-up hub recognized globally. This brings to the fore the critical importance of “competitiveness of high-tech start-ups”, and the need to explore the factors which determine the competitiveness, in the context of entrepreneurial ecosystems. It is against this backdrop that we invited scholarly articles, empirical studies, reviews and perspective papers based on the theme “Competitiveness of High-tech Start-ups and Entrepreneurial Ecosystems”. This article presents the editorial observations, summary of the select articles, followed by future research directions (for academicians) and provides managerial and policy recommendations. Springer Nature Singapore 2022-05-19 2022 /pmc/articles/PMC9117833/ http://dx.doi.org/10.1007/s42943-022-00056-w Text en © The Author(s) under exclusive licence to Global Institute of Flexible Systems Management 2022 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Editorial
Bala Subrahmanya, Mungila Hillemane
Competitiveness of High-Tech Start-Ups and Entrepreneurial Ecosystems: An Overview
title Competitiveness of High-Tech Start-Ups and Entrepreneurial Ecosystems: An Overview
title_full Competitiveness of High-Tech Start-Ups and Entrepreneurial Ecosystems: An Overview
title_fullStr Competitiveness of High-Tech Start-Ups and Entrepreneurial Ecosystems: An Overview
title_full_unstemmed Competitiveness of High-Tech Start-Ups and Entrepreneurial Ecosystems: An Overview
title_short Competitiveness of High-Tech Start-Ups and Entrepreneurial Ecosystems: An Overview
title_sort competitiveness of high-tech start-ups and entrepreneurial ecosystems: an overview
topic Editorial
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9117833/
http://dx.doi.org/10.1007/s42943-022-00056-w
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