Insights from thousands of founders about what drives startup success and helps ecosystems grow and thrive
Istanbul, April 17, 2018 — What technology sub-sectors hold the most promise for economic growth? How much local networking should startup founders do in their ecosystem? Do women and men differ in their entrepreneurial mindset at different points in the startup journey? Which ecosystems are leading the way in Fintech?
Answers to these questions, and countless other insights, are in the new Global Startup Ecosystem Report (GSER) 2018, released today at the Global Entrepreneurship Congress in Istanbul.
Produced in partnership between Startup Genome and the Global Entrepreneurship Network (GEN), the GSER informs public and private decision makers all over the world about what actions they can take to build vibrant startup ecosystems. This year’s report analyzes key technology sub-sectors—such Artificial Intelligence and Edtech—across 45 different ecosystems, and looks at how local connections affect company performance and what makes up an entrepreneurial mindset.
“We’ve entered the Third Wave of innovation—the global startup community is disrupting industries by combining technology with deep industry expertise. This creates a game-changing opportunity for smaller, less mature startup ecosystems that can now build out competitive advantage at a global level by focusing on their DNA and legacy strengths,” says JF Gauthier, CEO and cofounder of Startup Genome.
Every year, the Global Entrepreneurship Congress (GEC) brings together thousands of entrepreneurs, investors, researchers, policymakers and others from more than 170 countries to identify new ways of helping founders start and scale new ventures. The new GSER, with analysis based on the voices of over 10,000 founders and data from Crunchbase and Orb Intelligence, will enhance the lessons and insights shared at GEC.
“Research in the field is vital to shaping the interventions necessary to empower entrepreneurs around the world,” said Jonathan Ortmans, president of the Global Entrepreneurship Network. “As thousands of startup champions gather this week to explore innovative approaches, efforts such as the Global Startup Ecosystem Report help us become better informed about what is needed.”
Find out how 45 ecosystems across 24 countries around the world stack up in the face of this new wave. Download the full report here: www.startupgenome.com/report2018.
Startup Genome works to increase the success rate of startups and improve the performance of startup ecosystems globally. Fueled by the Voice of the Entrepreneur - the world’s largest primary research conducted with more than 10,000 startups annually - Startup Genome advises leaders of innovation ministries, agencies and organizations supporting startups. It brings data-driven, actionable insights, clarity and focus needed to produce more scale-ups, jobs and economic growth worldwide. Visit www.startupgenome.com for more and stay up to date on Twitter or Medium.
Global Entrepreneurship Network
The Global Entrepreneurship Network operates a platform of programs in 170 countries aimed at making it easier for anyone, anywhere to start and scale a business. By fostering deeper cross border collaboration and initiatives between entrepreneurs, investors, researchers, policymakers and entrepreneurial support organizations, GEN works to fuel healthier start and scale ecosystems that create more jobs, educate individuals, accelerate innovation and strengthen economic growth. For more, visit www.genglobal.org and follow GEN on Twitter.