Start-up Ecosystems and the Role of State and Municipal Support Agencies: Finnish and Israeli Comparisons
Podnebesnikova, Ekaterina (2021)
2021
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202105189348
https://urn.fi/URN:NBN:fi:amk-202105189348
Tiivistelmä
In this age of constant change and internationalisation, start-ups can be a compelling and agile force that boosts economic growth. This thesis will explore the concept of a start-up ecosystem and the role of the state and municipalities in facilitating and nurturing successful dealing with start-ups based on a comparison between Finland and Israel.
The relevance of this work emphasises the fact that the development of innovative ecosystems constantly ongoing. The goal is to explore what Finland can learn about supporting and developing innovation and start-ups from the Israeli example.
The elements of a thriving start-up ecosystem were studied and compared with the Finnish ecosystem. This research is conducted using descriptive and qualitative method analysis, including an in-depth interview with the representative of a Finnish organisation that closely works with start-ups.
The results indicate that the Finnish (Espoo) start-up ecosystem is well-organised and promising. Nonetheless, the ecosystem struggles to reach a global market and build sustainable cooperation between ecosystem partners and other countries. Compared with Israel, Finland needs to attract more foreign investments and talents and organise a competition among local start-ups to encourage them to compete for the most significant municipal support. Further openness, creating networks and Government involvement in the start-up world will enrich the Finnish ecosystem.
The relevance of this work emphasises the fact that the development of innovative ecosystems constantly ongoing. The goal is to explore what Finland can learn about supporting and developing innovation and start-ups from the Israeli example.
The elements of a thriving start-up ecosystem were studied and compared with the Finnish ecosystem. This research is conducted using descriptive and qualitative method analysis, including an in-depth interview with the representative of a Finnish organisation that closely works with start-ups.
The results indicate that the Finnish (Espoo) start-up ecosystem is well-organised and promising. Nonetheless, the ecosystem struggles to reach a global market and build sustainable cooperation between ecosystem partners and other countries. Compared with Israel, Finland needs to attract more foreign investments and talents and organise a competition among local start-ups to encourage them to compete for the most significant municipal support. Further openness, creating networks and Government involvement in the start-up world will enrich the Finnish ecosystem.