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Investment in digitalization and growth of start up ecosystems for Countries in the European Union

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As countries in the European Union want to stay competitive in both digitalization and startup ecosystems, this paper investigates the correlation between the two. The Triple Helix theory (where government, industry, and universities together provide support) was used to assess startup ecosystems. A correlation was found between the digitalization efforts of EU countries and the Triple Helix; it is more significant how each country performs among its peers than what score was given. The university arm correlated the closest to digital investment, which suggests that universities may be a key building block in both digitalization and startup ecosystems.

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Digitalization  Startups ecosystems Triple helix Model Industry University Government European Union

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Licença CC