CITISE
ISSN 2409-7616
CITISE № 1(27) 2021
Economic sciences
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Kargapolova E.V., Prozorova M.I., Davydova J.A.

STARTUPS AS A FORM OF ENTREPRENEURIAL ACTIVITY

DOI: http://doi.org/10.15350/2409-7616.2021.1.19

UDC 338

Kargapolova E.V.1 (Moscow, Russian Federation) – E-mail: k474671@list.ru, Prozorova M.I.2 (Astrakhan, Russian Federation) – E-mail: m.prozorova879@yandex.ru, Davydova J.A.1 (Moscow, Russian Federation) – E-mail: ylkadav@mail.ru

1Plekhanov Russian University of Economics

2Astrakhan State University

Abstract. The article is devoted to the startups viewed as an innovative and promising form of entrepreneurial activity. The aim of the study is to comprehensively analyze conceptual ideas about startups. Based on the analysis of domestic and foreign scientific literature, the authors show characteristics that make it possible to identify entrepreneurial activity as a startup, namely, rapid growth, innovativeness, age, culture and technological orientation. It is emphasized that it is these characteristics that make it possible to differentiate startups from small businesses. The stages of the life cycle of startups have been investigated. It is noted that a developed infrastructure, a rich information and technological environment are at the heart of the startups. Factors of startup success are considered. Such sources of start-up support and financing as venture funds, business accelerators, business angels, technology parks, government support, crowdfunding are analyzed. The practical significance lies in the possibility of using the research results to predict changes in the functioning of startups as an innovative form of entrepreneurial activity, and to develop guidelines for managing this process. This research can be useful primarily for the formation of innovative economic thinking, as well as for educational purposes, in fostering business culture; for entrepreneurs with innovative ideas, large investors and users of crowdfunding platforms.

Keywords: startups, entrepreneurship, characteristics of a startup, life cycle of a startup, factors of a successful startup, sources of support and funding.

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For citation:

Kargapolova E.V., Prozorova M.I., Davydova J.A. Startups as a form of entrepreneurial activity. CITISE, 2021, no. 1, pp.206-220. DOI:http://doi.org/10.15350/2409-7616.2021.1.19

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