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Full Description
In business terms, a 'unicorn' is a privately-owned startup company valued at over $1 billion. While unicorns have predominantly been a feature of well-developed economies, such as the USA and Europe, recent years have seen their increase in emerging economies - to the extent that these markets now host one-third of the world's unicorns. The emergence of unicorns from the Global South represents a transformative shift in the global business and innovation landscape. Despite limited systematic knowledge on this novel phenomenon, high-growth, innovation-driven companies from emerging economies are rapidly positioning themselves at the forefront of technology and business model innovation. These firms challenge the traditional dominance of established markets, asserting their influence on a global scale. This book offers an in-depth analysis of this fast-evolving process, covering a wide geographical range of unicorns. These dynamic new players have the impact and potential to reshape the future of business worldwide.
Contents
1. Entrepreneurial ecosystems from emerging markets and their unicorns: an overview Juana García Duque, Veneta Andonova and Diego Finchelstein; 2. Unicorns from emerging economies: a framework for analysing their genesis and nature Veneta Andonova, Diego Finchenstein and Juana García; 3. Unicorns: from silicon valley to a global phenomenon? Jan Jacob Vogelaar and Erik Stam; 4. Finding the unicorns: national entrepreneurship ecosystem approach José Ernesto Amorós, Eduardo Avancci Dionisio, Edmundo Inácio Júnior, Cristiano Morini and Liliane Oliveira Guimarães; 5. Where unicorns are born: innovation hubs in China Lourdes Casanova, Anne Miroux and Xingqi Ye; 6. A supply-demand model of Indian Start-ups and unicorns Ravi Ramamurti; 7. Entrepreneurial ecosystems and unicorns in Southeast Asia John R. McIntyre and James Hoadley; 8. Latin American unicorn firms: transcending entrepreneurial hubs Armando Borda, Ricardo Buitrago, Fernanda Cahen and Michel Hermans; 9. Can the MENA region build its indigenous start-up unicorns? Analysis of unicorns and soonicorns and the supporting entrepreneurship ecosystem Ayman Ismail and Sherif Kamel; 10. Nurturing unicorns and entrepreneurial ecosystems in Africa: harnessing policy innovation for digital transformation Fred Olayele and Mzukisi Qobo; 11. China private sector innovators: established disruptors and new challengers Lourdes Casanova, Anne Miroux and Xingqi Ye; 12. Brazilian unicorns and their triggers of scalability Moacir de Miranda Oliveira Jr. and Leandro Lima dos Santos; 13. A unicorn under sanctions: the case of yandex Andrei Panibratov and Kalman Kotayk; 14. What lies ahead for unicorns from emerging economies Diego Finchenstein, Veneta Andonova and Juana García; Glossary; Index.