Startup Acts: an emerging instrument to foster the development of innovative high-growth firms
ACP countries are faced with high unemployment, political instability, and other well-documented development challenges that demand new solutions to inclusive economic growth. Governments as a result, have increasingly begun to focus on entrepreneurship, and particularly Startups, as a mean of creating quality jobs, boosting the wider economy's productivity and growth, and delivering market-based innovations to development challenges. Targetted Startup legislations (Startup Acts) appear as an interesting tool for fostering entrepreneurship and enabling the development of new firms with high growth potential, trough the granting of targeted incentives (tax, subsidies, procurement, etc.).