Absolutely, governments should support startups as they are pivotal in driving innovation and economic growth. By providing resources and creating a favorable regulatory environment, they can significantly accelerate the success of emerging businesses.
In my opinion, yes, though the amount of investment must be based on the potential of the startup to grow well.
Regarding the support, as you've noted, both financial and expert advice can be provided, however, the amount could be tuned based on the growth potential, in my opinion.
I got you now @busmark_w_nika. Maybe through share proportion in revenue similar to how investors invest on startup, but with a lesser rate to be more supportive,
Yes, for the good of the country. A country that seriously helps start-ups will also, in the long run, have a better business climate for the benefit of the wealth of the country
Best way government can help startups from my experience is financial incentives, i.e. grants, loans, tax discounts...the government can also facilitate the development of the startup ecosystem by subsidizing incubators/start up campuses
Governments should support startups only if access to assistance is truly equal for everyone. I don't have a lot of experience, but in my country (Italy), access to assistance is often contingent on personal connections, favors, and partly personal gains (a softer way of saying "corruption"). Instead, it should be contingent on the actual objective characteristics of the project.
At its core, a startup is just a small business. Government already supports small businesses via loans, grants, incubators, partnerships etc.
I think some people get stuck on the "startup" nomenclature as high flying companies with tons of money in the bank
Of course yes. Government is for proper allocation of resources, whereas in a total free market which influences the political sides, it's natural for government to tend to enterprises without interferance, leading to widespread monopoly.
I feel like if someone's willing to go through the trial of fire (building a successful startup), then you should try and provide them as many resources to make it as easy as possible if you seek to benefit, which governments largely do.
Not relevant to your question. Still. Startups should run governments or at least a part. That won't be just interesting but would also lead to improvements in many ways, at least in most aspects if done right.
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