Cooperation and Coopetition as a Tools Which Could Improve Leading Startups all over the World

Aneta Ejsmont
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Aneta Ejsmont: Prof. Edward F. Szczepanik State Higher Vocational School in Suwalki, Department of Humanities- Economics

Humanities Today: Proceedings Articles, 2022, vol. 1

Abstract: Building own business is a long-term and laborious process. A person who leads a startup tries to start with building own business by taking first steps toward financial independence. Analyzing conditions in Poland, on average every second startup sells its services abroad, admittedly it is good news, although half of them do not export at all. Half of the startups which export their services and goods generates more than 50 percent of their revenues outside Poland. Very interesting is the fact that 60 percent of exporters have conducted their foreign sale since the moment of establishing their business. On which markets do they sell their services? It turns out that the most popular are markets in the European Union (54 percent), including the United Kingdom 14 percent and Germany 9 percent. Only about 25 percent of Polish startups exports their products and services to the United States. Taking the United States into consideration, in 2008 the USA lost their leading position in the number of startups which are newly created and achieving success in business. Currently in terms of the number of new startups the USA is on a quite distant place after Denmark, Finland, Sweden, Hungary, New Zealand, Israel or Italy. In short, more companies were closed than created, so it was, as a matter of fact, like in Poland. Therefore, the condition to improve the development of startups both from Poland and other countries all the world is to increase cooperation and coopetition.

Keywords: cooperation; coopetition; company; startup (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eur:htprjr:8

DOI: 10.26417/ejser.v11i2.p228-237

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