Entity: STARTUP
A startup is a newly established business, typically small and innovative, with the goal of addressing a specific market need or problem. Startups often operate in a fast-paced, dynamic environment, seeking rapid growth and scalability.
STARTUP
Etymology
The term 'startup' originated from the idea of starting up a new business or venture.
Definition
A startup is a dynamic and innovative business venture that aims to address a specific market need or problem, characterized by its small size and potential for rapid growth.
Historical Context
Startups have gained prominence in the modern business landscape due to advancements in technology, access to funding, and a growing entrepreneurial spirit.
Cultural Significance
Startups are often associated with creativity, risk-taking, and disruption of traditional industries. They play a crucial role in driving innovation and economic growth.
Related Concepts
- Entrepreneurship
- Venture capital
- Innovation
See Also
A startup is a dynamic and innovative business venture that aims to address a specific market need or problem, characterized by its small size and potential for rapid growth.