18Using startup ecosystems as accelerators of innovation
Jakub Bis, Anna Żelazna, Matylda Bojar, Ewa Bojar, Adam Kiersztyn
Introduction
Today, startups play an increasingly important role in the creation of innovation and implementation of modern economic solutions. Among the characteristics associated with startups, in addition to their high ability to innovate, startups are said to have limited financial resources, problems with team management and human resources, a lack of managerial and business expertise, and an above-average high risk of failure. As research shows, statistically, 60% of them fail within the first period of existence across the globe (Mukti et al., 2019; Wen-Hsiang & Lin, 2015). It is important ...
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