Share on LinkedInShare on LinkedIn

ARTICLE · 23 AUGUST 2013

Establishing A Tech Startup In Turkey

Entrepreneurship is the new worldwide trend – similarly in Turkey- and the ‘startup’ is one of the most commonly used words in the ecosystem of enterprising, which defines the companies launching a new enterprise.

TurkeyIntellectual Property
Gur Law Firm
Gur Law Firm

What is a 'Startup' and its difference from 'enterprise'?

Entrepreneurship is the new worldwide trend – similarly in Turkey- and the 'startup' is one of the most commonly used words in the ecosystem of enterprising, which defines the companies launching a new enterprise. A startup addresses to big market, however, initially, it tries to prove its business model by realizing its prototype with the first customers and service users. At this stage, generally, the customer or service user formalizes the product or service which the startup presents.

Thereafter, the startup would try to catch up a rapid rate of growth by increasing the customer group in the big market it addresses. Accordingly, 'enterprise' word does not replace 'startup'. For instance, a restaurant may be an enterprise nevertheless, cannot be deemed as startup since the restricted group it addresses and the extent it would reach are certain. In other words, the onset companies which can address big

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from