The Impact of Logistics and Key Macroeconomic Indicators on the Development of the Startup Ecosystem in Europe

The article highlights that the synergetic relationship between macroeconomic indicators and logistics efficiency shapes the trajectory of startup ecosystems and global economies. By leveraging tools such as the Logistics Performance Index (LPI) and the Global Startup Ecosystem Index (GIS), policyma...

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Main Authors: Valentyna Yakubiv, Antonina Tomashevska, Iryna Piatnychuk, Liliia Turovska, Finbarr Carter
Format: Article
Language:English
Published: Vasyl Stefanyk Precarpathian National University 2024-12-01
Series:Journal of Vasyl Stefanyk Precarpathian National University
Subjects:
Online Access:https://journals.pnu.edu.ua/index.php/jpnu/article/view/8669
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author Valentyna Yakubiv
Antonina Tomashevska
Iryna Piatnychuk
Liliia Turovska
Finbarr Carter
author_facet Valentyna Yakubiv
Antonina Tomashevska
Iryna Piatnychuk
Liliia Turovska
Finbarr Carter
author_sort Valentyna Yakubiv
collection DOAJ
description The article highlights that the synergetic relationship between macroeconomic indicators and logistics efficiency shapes the trajectory of startup ecosystems and global economies. By leveraging tools such as the Logistics Performance Index (LPI) and the Global Startup Ecosystem Index (GIS), policymakers and business leaders gain insights into the interconnectedness of infrastructure, economic output, and innovation. The Global Knowledge Index (GKI) and Global Innovation Index (GII) further reveal the intellectual and creative capacities of nations, while GDP per capita and the Capital Investment Index (CII) underline the financial underpinnings of economic competitiveness. Much of the analysis delves into the transformative impact of modern logistics solutions. Innovative technologies like the Internet of Things (IoT) enhance supply chain visibility and efficiency, while warehouse automation and big data analytics streamline operations. Blockchain technology, with its transparency and security, fosters trust and efficiency in supply chains, a critical factor for startups seeking cost-effective and reliable logistics frameworks. Through correlation analysis, the article underscores the measurable impact of these macroeconomic and logistical elements on the growth of startup ecosystems. Countries that effectively integrate these indicators are better positioned to attract investments, nurture entrepreneurial activity, and achieve sustainable economic growth. The findings suggest that fostering a dynamic startup ecosystem requires an integrated approach, combining robust macroeconomic policies with cutting-edge logistical innovations. This strategy not only propels startups into the competitive global market but also strengthens the economic fabric and welfare of the population.
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issn 2311-0155
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language English
publishDate 2024-12-01
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spelling doaj-art-b1342e0c6bb043319821fc3fbb96e3ae2025-01-09T09:39:42ZengVasyl Stefanyk Precarpathian National UniversityJournal of Vasyl Stefanyk Precarpathian National University2311-01552413-23492024-12-01114596910.15330/jpnu.11.4.59-697715The Impact of Logistics and Key Macroeconomic Indicators on the Development of the Startup Ecosystem in EuropeValentyna Yakubiv0https://orcid.org/0000-0002-5412-3220Antonina Tomashevska1https://orcid.org/0000-0002-8182-5906Iryna Piatnychuk2https://orcid.org/0000-0003-2876-6422Liliia Turovska3https://orcid.org/0000-0002-3530-7518Finbarr Carter4https://orcid.org/0009-0006-2271-935XVasyl Stefanyk Precarpathian National University, UkraineVasyl Stefanyk Precarpathian National University, UkraineVasyl Stefanyk Precarpathian National University, UkraineVasyl Stefanyk Precarpathian National University, UkraineUniversity of East Anglia, United KingdomThe article highlights that the synergetic relationship between macroeconomic indicators and logistics efficiency shapes the trajectory of startup ecosystems and global economies. By leveraging tools such as the Logistics Performance Index (LPI) and the Global Startup Ecosystem Index (GIS), policymakers and business leaders gain insights into the interconnectedness of infrastructure, economic output, and innovation. The Global Knowledge Index (GKI) and Global Innovation Index (GII) further reveal the intellectual and creative capacities of nations, while GDP per capita and the Capital Investment Index (CII) underline the financial underpinnings of economic competitiveness. Much of the analysis delves into the transformative impact of modern logistics solutions. Innovative technologies like the Internet of Things (IoT) enhance supply chain visibility and efficiency, while warehouse automation and big data analytics streamline operations. Blockchain technology, with its transparency and security, fosters trust and efficiency in supply chains, a critical factor for startups seeking cost-effective and reliable logistics frameworks. Through correlation analysis, the article underscores the measurable impact of these macroeconomic and logistical elements on the growth of startup ecosystems. Countries that effectively integrate these indicators are better positioned to attract investments, nurture entrepreneurial activity, and achieve sustainable economic growth. The findings suggest that fostering a dynamic startup ecosystem requires an integrated approach, combining robust macroeconomic policies with cutting-edge logistical innovations. This strategy not only propels startups into the competitive global market but also strengthens the economic fabric and welfare of the population.https://journals.pnu.edu.ua/index.php/jpnu/article/view/8669macroeconomic indicatorsinnovationinvestmentlogisticsstartupsstartup ecosystem
spellingShingle Valentyna Yakubiv
Antonina Tomashevska
Iryna Piatnychuk
Liliia Turovska
Finbarr Carter
The Impact of Logistics and Key Macroeconomic Indicators on the Development of the Startup Ecosystem in Europe
Journal of Vasyl Stefanyk Precarpathian National University
macroeconomic indicators
innovation
investment
logistics
startups
startup ecosystem
title The Impact of Logistics and Key Macroeconomic Indicators on the Development of the Startup Ecosystem in Europe
title_full The Impact of Logistics and Key Macroeconomic Indicators on the Development of the Startup Ecosystem in Europe
title_fullStr The Impact of Logistics and Key Macroeconomic Indicators on the Development of the Startup Ecosystem in Europe
title_full_unstemmed The Impact of Logistics and Key Macroeconomic Indicators on the Development of the Startup Ecosystem in Europe
title_short The Impact of Logistics and Key Macroeconomic Indicators on the Development of the Startup Ecosystem in Europe
title_sort impact of logistics and key macroeconomic indicators on the development of the startup ecosystem in europe
topic macroeconomic indicators
innovation
investment
logistics
startups
startup ecosystem
url https://journals.pnu.edu.ua/index.php/jpnu/article/view/8669
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