| "(...) Innovative startups have become an important driver of job creation, innovation and economic growth throughout the world. So far there has been little profound data on the startup phenomenon, particularly in Europe. Most statistics rely on small samples, estimations or include all foundations of businesses without specifically focusing on startups. To fill this gap the European Startup Monitor (ESM) was initiated in 2015. The ESM only selected businesses with the following characteristics to participate: younger than 10 years, featuring an innovative technology and/or business model, and striving for a significant growth in revenue and/or number of employees. A venture qualifies as a startup for the ESM when the first point of the definition above is met, along with one or both of the other two characteristics. The report at hand presents data from the second ESM data collection in 2016. The ESM 2016 includes data of 2,515 startups involving 6,340 co‐ounders and 23,774 employees from 18 countries (Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Netherlands, Poland, Portugal, Slovenia, Spain, Switzerland, United Kingdom). (...)" |
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Wirtschaftuniversität Wien