BRITISH STARTUP ECOSYSTEM: PROSPECTS FOR UKRAINE

Authors

  • Nataliia Hrytsiuk Lesya Ukrainka Volyn National University
  • Tetyana Sak Lesya Ukrainka Volyn National University

DOI:

https://doi.org/10.29038/2786-4618-2023-03-14-23

Keywords:

ecosystem, startups, Great Britain, Ukraine, venture funds, entrepreneurship, early stage of enterprise development, innovative entrepreneurship, industry, sectors

Abstract

The article outlines the unique characteristics of the startup ecosystems in both Great Britain and Ukraine. The analysis delved into the role of prominent academic institutions like Cambridge and University College London in fostering innovation and entrepreneurship. The venture funds operating in both countries, along with their areas of focus. This involved detailing the sectors they invest in (e.g., technology, biotech, fintech) and their track record in supporting startups.

Based on the experience of Great Britain, the article propose strategies to boost the startup ecosystem in Ukraine.

Overall, the analysis to provide a comprehensive understanding of the startup ecosystems in Great Britain and Ukraine, offering valuable insights and recommendations for enhancing the entrepreneurial landscape in Ukraine based on the experiences and successes of the UK's ecosystem.

References

Companies register activities: 2021 to 2022 URL: https://www.gov.uk/government/statistics/companies-register-activities-statistical-release-2021-to-2022/companies-register-activities-2021-to-2022 (application date 10.08.2023).

Official site Cambridge Cluster Insights. URL:https://www.cbr.cam.ac.uk/research/research-projects/the-cambridge-corporate-database-regional-growth/cambridge-cluster-insights/ (application date 10.08.2023).

Official site UCL Innovation & Enterprise. URL: https://www.ucl.ac.uk/enterprise/ (application date 10.08.2023).

Official site Let's build your digital brand. URL: https://profiletree.com/uk-business-startup-statistics/ (application date 10.08.2023).

Official site Startupblink. URL: https://www.startupblink.com (application date 10.08.2023).

Official site State Statistics Service URL: https://ukrstat.gov.ua/ (application date 10.08.2023).

Sak T., Ivashko O., Hrytsiuk N. The Role Of Startup Accelerators In The Development Of Innovative Entrepreneurship In Ukraine URL:

https://echas.vnu.edu.ua/index.php/echas/article/view/734/595 (application date 10.08.2023)

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Published

2024-01-23

Issue

Vol. 3 No. 35 (2023): Economic Journal of Lesya Ukrainka Volyn European National University

Section

ECONOMY

How to Cite

[1]
2024. BRITISH STARTUP ECOSYSTEM: PROSPECTS FOR UKRAINE. Economic journal of Lesya Ukrainka Volyn National University. 3, 35 (Jan. 2024), 14–23. DOI:https://doi.org/10.29038/2786-4618-2023-03-14-23.