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Statement on the first research on digital startups in Poland

Abstract

The objective of the paper is to present the results of the first study of Polish startups’ ecosystem as the first stage of a larger study of digital economy landscape in Poland. The first estimate of the number of Polish startups amounts to 2400 entities. The publication presents the first survey Polish startups that marks the beginning of cyclical studies on enterprises belonging to the digital economy in Poland. The study was conducted among 423 entities using an in-house questionnaire prepared based on the author’s own knowledge. Results are discussed. Startups most often consider themselves software producers who follow the SaaS model and operate in the following industries: mobile apps, e-commerce and Internet services. Nearly one in three startups achieve 50% annual revenue growth, while in one-fifth such growth exceeds 100%. Almost two thirds of Polish startups are financed exclusively from own funds. It is necessary to repeat and deepen the study in order to determining the significance of the digital industry in the economy of Poland and the CEE region. The originality of this work lies in taking this subject for the first time in Polish literature and in elaborating the proposition of a “startup” term’s definition.

Keywords

digital economy, software industry, technology, innovation, survey

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References

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