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France has 1 million start-ups

2021-12-01T18:36:39.016Z

They employ 1.5 million people and hire more than traditional companies. As astonishing as it may seem, if the notion of start-up corresponds well to an entrepreneurial reality, these structures had never been quantified according to precise criteria until then. A task which has just been tackled by INSEE, which estimates the number at 1 million. All have the particularity of being young companies less than 8 years old. They employ a total of 1.5 million people, most o



As astonishing as it may seem, if the notion of start-up corresponds well to an entrepreneurial reality, these structures had never been quantified according to precise criteria until then.

A task which has just been tackled by INSEE, which estimates the number at 1 million.

All have the particularity of being young companies less than 8 years old.

They employ a total of 1.5 million people, most of whom are men.

They achieve a relatively low average turnover of 277,000 euros, a very small part of which is exported (6%).

Finally, and this is a surprise, they create more jobs than traditional businesses.

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INSEE relied on other definitions of the concept of start-up to establish its radiography of young French shoots, of which it highlights three characteristic categories which may overlap with each other.

The first, that of "gazelles", is based on an OECD classification and concerns

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Source: lefigaro

All business articles on 2021-12-01

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