Twice a year, Finnish Entrepreneurs (Suomen Yrittäjät), Finnvera and the Ministry of Employment and the Economy publish an SME Barometer, which presents “the activities and the economic environment of [Finnish] small and medium-sized enterprises” (SMEs). The latest publication is the…
All posts filed under “Europe”
The Profile of Lithuania’s Startup Ecosystem
Lithuania’s startup ecosystem is robust: there are already over 1000 startups, well-developed infrastructure, a growing tech talent pool as well as many local investors. The 2022 Startup Genome report included Lithuania in the category of the 60 emerging startup ecosystems,…
How to Build a Silicon Valley Elsewhere
Efforts to build new versions of Silicon Valley have not been successful yet because of “the conflict […] between two logics on how to create an ecosystem”, argues Fiona Murray, Professor of Entrepreneurship and Associate Dean of Innovation at the…
From Kickstarter Campaigns to ‘Made in Lithuania’ Labels
Entrepreneurs across the globe are actively marketing their business ideas and raising funds for their implementation on crowdfunding platforms. However, the overall project success rate on Kickstarter, one of the most popular platforms, is only 35.86%. This means that launching…
In Search of the Next London
London risks losing its position as Europe’s financial centre if Britain does not secure EU passporting rights for its financial services after the Brexit vote. “I don’t see how anyone can say with any certainty that passporting will continue. Switzerland…
The Implications of Brexit for Brand UK and the British Economy
The Brexit vote has brought a lot of economic uncertainty. Global markets have already lost $3 trillion as a result of a sharp equity sell-off. On June 24, the next day after the ‘in / out’ referendum, the British pound…
E-Residency: An Extra Boost to Entrepreneurship
In December 2014, Estonia’s government launched the first-ever e-Residency programme, which gives foreign entrepreneurs a credible digital identity, and simplifies business management online. Each e-Resident receives an ID card with a microchip and a USB card reader to access various…
3 Polish Mobile Apps to Download
According to the Smartfonization of Poles 2014 report by TNS Polska, in 2014 about 50% of Polish residents had smartphones, while only less than half of them actively used mobile apps. The number of smartphone users has increased by one…
The Sharing Economy: ‘Uber for Bikes’ in Vilnius
In addition to ride-hailing services, Vilnius has 2 cycle hire schemes. As a city of short distances, Lithuania’s capital can use the schemes to further minimize traffic and develop sustainable sharing transportation infrastructure. There is also big marketing potential: Vilnius…
The Sharing Economy: Alternatives to Uber in Vilnius
The sharing economy has become another buzzword, partially because of a popular belief that it is an alternative to capitalism. Jim Pickell, President of HomeExchange.com, explains that the relation between the sharing economy and capitalism is contradictory: both are based…