DEVELOPMENT OF THE NATIONAL STARTUP ECOSYSTEM UNDER CONDITIONS OF TODAY'S GLOBAL CHALLENGES

Abstract

Today, the most significant factor influencing the development of the national economy and the startup sector in particular is the military aggression of the rf against Ukraine. Since the beginning of the war, the domestic economy was under the influence of a number of negative political and socio-economic factors: military actions at the territory of Ukraine, the destruction of the country's economic potential, the threat to territorial integrity, large-scale migration processes, the growth of unemployment and inflation, devaluation of national currency, unfavorable investment climate etc. The analysis of military aggression impact on various sectors of the economy, in particular the startup sector, is gaining relevance for scholars and practitioners. In view of this, the purpose of the article was to determine the features of the current state of the startup ecosystem, as well as the main trends of its development under conditions of today's global challenges associated with the military aggression of the rf. The paper examines the state of the startup ecosystem compared to the pre-war period, establishes the main trends of its development regarding the amount of funding, the structure of priority areas of activity, the geographical location of startups, and the expectations of startup initiators regarding the prospects of functioning in the short term perspectives. The factors contributing to the preservation and further development of the startup industry, despite the military aggression of the rf, were analyzed. The current role of the state in the development of startup ecosystem and the factors determining the features of the development of the IT industry and the startup sector, in particular, were defined. In general, compared to other sectors of the economy, the IT industry and the startup sector, due to the specifics of the business, were less affected by military aggression than other sectors of the economy. Despite the difficulties of wartime, the national startup ecosystem of Ukraine continues to develop, remaining a source of information and technological innovations and, at the same time, adapting to new business conditions and new needs of the country's economy. A promising direction of research on this topic is the determination of the long-term effects of the russian military aggression on the development of the startup ecosystem.