Startup Genome 2019 key findings and insights

The report from Startup Genome and the Global Entrepreneurship Network is the world’s most comprehensive and widely-read research on startups. Its findings are based on data from thousands of startup founders and research on over a million companies.

HIGHLIGHTS FROM THE REPORT

Αccording to the report, the global startup economy is worth nearly $3 trillion, a rise of 20 percent from 2017.

The four fastest-growing Startup Sub-Sectors are Advanced Manufacturing & Robotics, Blockchain, Agtech & New Food, and Artificial Intelligence, while Deep Tech startups are the fastest-growing group globally. On the other hand, some of the sub-sectors that have seen falling levels of investment and startup creation are Edtech, Digital Media, Gaming, and Adtech.

There is no “next” Silicon Valley. There are 30 startup ecosystems around the world that will soon lay claim to a parallel vibrancy and economic productivity.The top five startup ecosystems are Silicon Valley, New York City, London, Beijing, and Boston.Nine European startup ecosystems are ranked in the top 30: London, Paris, Berlin, Stockholm, Amsterdam-StartupDelta, Lausanne-Bern-Geneva, Munich, and Barcelona.