THE ROLE OF STARTUP PROJECTS IN THE ECONOMIC DEVELOPMENT OF THE EAST COUNTRIES

2025

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DOI 10.63051/kos.2025.2.115
Data confidence 70 medium
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Abstract

In the context of global digitalization and the rapid transformation of economic systems, startup projects are becoming a key element of innovative development and an engine of economic growth. This study analyzes the role of startup projects in economic development based on international practice.The purpose of the study is to determine the impact of startups on the economy, identify the factors of their success and analyze the mechanisms of international cooperation in this area.The relevance of the study is due to the fact that startups are not only a source of new jobs, but also a tool for increasing the competitiveness of national economies. The novelty lies in a comprehensive analysis of international experience in the development of startup ecosystems, financing mechanisms, regulatory and legal aspects, as well as in assessing the impact of startups on the global economy. Research objectives - to identify the importance of startups in the economic development of countries. The research methodology includes the analysis of economic data, the study of thematic cases of successful startups, a review of scientific literature and statistical reports. The results of the study show that startup projects contribute to reducing unemployment by creating new jobs and attracting highly qualified specialists. They are the drivers of innovative development, introducing advanced technologies and contributing to the modernization of traditional sectors of the economy.