Startup Impact on UK and US Economies Over 40 Years

This research analyzes the evolving impact of startups on the UK and US economies over a 40-year span, from 1983 to 2023. The study investigates the relative increase or decrease of startups as a percentage of the overall economy, examining their contributions to GDP and employment metrics. It seeks to compare the economic value generated by startups now with historical data, focusing on sectors that have seen significant startup activity, such as technology, healthcare, and finance. The research explores key factors influencing startup trends, including policy changes, economic cycles, and technological advancements. By assessing the nature of value creation, such as innovation, competitiveness, and market disruption, the study aims to elucidate the shifts in startup dynamics and their broader economic implications. This detailed analysis will provide insights into how the role of startups has transformed over time and highlight the differences in startup ecosystem evolution between the UK and US markets.