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 last week 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.