Features of the development and implementation of startup projects in the conditions of the Russian and international economy

Abstract

Today, the economy is subject to modern modernization, which is the country’s transition to an innovative development path. Due to the great competition in the market, business ideas must have an innovative component, solve the real problem of the consumer and be competitive among others, which pushes entrepreneurs to innovate, in which the concept of “start-up” – its essence, types and distinctive features are an integral part. The development of startup projects is an important trend in the modern economy. They are usually based on the use of advanced technologies and innovations, and their goal is to achieve rapid growth and maximize the value of the company. The development of startup projects is supported by government programs and incubators that provide financial and expert support to young entrepreneurs. Often, such programs contribute to creating favorable conditions for startups, such as simplified bureaucracy and tax incentives. It is important to note that the implementation of startup projects creates a positive effect not only for entrepreneurs themselves, but also for the economy as a whole. Startups can innovatively change industries and create new jobs. They stimulate competition and productivity growth, as well as contribute to economic development and well-being.