Hungarian translation available
The Silicon Valley definition of a startup by Paul Graham is "a company designed to grow fast". To grow fast, startups may have to scale internationally, especially in a small, open economy such as Hungary. Those startups may scale more successfully that understand crucial international development strategies and utilise the knowledge of internationally experienced accelerators and venture capitalists. On the other hand, a startup ecosystem may have to be specialized in focus areas to allow for economies of scale. The questions yet remain: what strategies would help entrepreneurs most to scale internationally, and what are the innovation ecosystem attributes that are most conducive for startups' international expansion?