Impact of high-growth start-ups on entrepreneurial environment based on the level of national economic development

In this paper, we examine the relationship between the conditions of the entrepreneurial environment and high-potential entrepreneurship according to the stage of economic development of the country. A structural equation model was designed based on data from the Global Entrepreneurship Monitor project, which contains information about 62 countries. Our results suggest that economic development and high-potential entrepreneurship have a greater impact on the entrepreneurial ecosystem than entrepreneurial activity in general-with special effects on government programs, R&D transfer, and access to the domestic market. Notably, the level of influence of sustainable economic development and high-potential entrepreneurship depends on the level of economic development of the country.