Promoting Support for Start-ups

By Yuji Honjo, Luca Grilli, Erik Stam, Massimo Colombo, and Ing-Kuen Lai

Abstract

Start-ups are often expected to contribute to the revitalization of the national and regional economies. Some start-ups play a critical role in innovation and market competition through the development of new products and services, which in turn creates employment and spurs economic growth. In this article, we discuss policies for fostering business start-ups by means of the promotion of various types of entrepreneurs, entrepreneurial ecosystems, and global start-ups.