Professional paper
STARTUPS IN THE CONTEXT OF THE DIGITAL SINGLE MARKET: COMPARATIVE ANALYSIS OF EU AND RUSSIAN LEGISLATION FRAMEWORKS
Dinara Garaeva
; Faculty of Law, Kazan Federal University, Kazan, Russia
Abstract
In recent years, due to the widespread access to the Internet, the speed of appearance of innovations is progressively increasing and these innovations play the role of the driving force in economy at all levels and in all types of organizations. Due to high risks present when introducing new products and services, innovations are usually commercialized via isolated formal organization types or structures such as startup companies. Today start-up is well-known phenomenon, the establishment of which every third teenager dash further. But do we really know how does it work and do we have all opportunities provided by European Union legislation in the context of Digital Single Market Strategy to start it and then make it profi table business without unjustified risks? This article explores legal frameworks of start-ups in the EU and Russian Federation. By comparing them, the article seeks to create the vision of start-ups regulation problems nowadays and ways to improve current problems concerning this topic.
Keywords
start-ups; investments; Digital Single Market Strategy; entrepreneurships
Hrčak ID:
160596
URI
Publication date:
29.6.2016.
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