Startups and Their Influence on Economic Development

The human being has always wondered about how to achieve the maximum benefit and gain while spending the minimum cost and using the minimum equipment. Now, after a while and with the global advancement of the technology and therefore, upgrade of literacy and population growth, and the fact that the current number of occupations is unable of addressing this size of the population requires intellectuals and elites of the science and industry field to create models of occupations knowledge that are able to address the state-of-art demands and are effective on increasing the welfare of the society according to their knowledge. Now the causes of the growth of these newfound phenomena, factors influencing their development, and the quality and quantity of their direct and indirect impact on the economy and the evolution of the society must be explored. Also, the reason for no developing of the startups must be probed. Can these serious phenomena respond to the economic demands of societies without interfering and supporting of the governments? How do these startups stir the thriving of production and the resistive economy? Do they result in an economic expansion? Is the professional application of these startups effective on the national economy and international business relationships or not? How much is the degree of cooperation and interference of the state organizations in the strengthening of the startups and economic development and completion of the country in both international and domestic levels? This paper aims to retell these newfound phenomena moderately.