Since 2012, this research effort has provided rich insights and guidance to public and private leaders on how to cultivate thriving startup ecosystems and support local startups — the #1 engine of job creation and economic growth.
Key highlights from the GSER2021 include:
- The global startup economy created over $3.8 trillion in value between January 2018 and June 2020, more than the individual GDP of most G7 economies.
- There are now 79 ecosystems generating over $4 billion in value which is more than double the number identified in 2017.
- The democratization of tech created more than $540 billion in value in the top 100 emerging ecosystems between 2018 and the first half of 2020, a 55% increase from 2017 and the first half of 2019.
- 91 ecosystems created unicorns in 2020. Houston had their first unicorn in 2020.