The structural elements of the startups ecosystem formation and functioning in conditions of fourth industrial revolution

Abstract

The subject of research in the article is theoretical and methodological principles of the startups ecosystem. The goal is to identify the structural elements of the startups ecosystems in terms of endogenous and exogenous changes in the entrepreneurial environment under the influence of the Fourth Industrial Revolution. Objectives: characterization of the components of entrepreneurial and innovative ecosystems, investigation of the essence "startup ecosystem" definition, its destructuring, determination of critical conditions for the formation of startups ecosystems and characterization of the above conditions in Ukraine. Common scientific methods are used: comprehensive approach and the systematic method of cognition of the object of study - startups ecosystems, induction and deduction methods for determining the interdependence of ecosystems: entrepreneurial, innovative and ecosystems of startups, decomposition method for the restructuring of startups ecosystems. The following results were obtained. The conclusion about the terminological ambiguity of the studied concept of “ecosystem” is made. The views of foreign and domestic scientists about determining the essence of the business ecosystem, its constituents and their interaction are investigated. The importance of studying innovative startups ecosystems is substantiated. Process-situational, subject-object and platform approaches to defining elements of an innovative ecosystem of startups are applied. Exogenous and endogenous factors influencing the activity of innovative startups ecosystem are investigated. Startups ecosystem emerge at the intersection of entrepreneurial and innovative ecosystems. In the article proved, that startups ecosystems emerge at the intersection of entrepreneurial and innovative ecosystems. It includes the following structural elements: how society needs innovative products; startups; innovative ideas; free financial capital; principles, which subjects cooperation is built; methods for implementing startups. The conditions for reaching a critical mass of startups for the formation of their ecosystem are identified and characterized. The situation concerning the development of startups in Ukraine is analyzed. Attention is drawn to the prospects of development of domestic startups in the IT market. Conclusions: the process-situational, subject-object and platform approaches to the innovative ecosystem and the restructuring of the startups ecosystem were applied. This allowed us to determine the critical conditions of the specified system formation. It can be applied to refine a strategy for the development of startup projects.