π Glossary terms
This glossary contains key terms and definitions introduced in Unit 7: Startups in Algeria.
It is designed to help you understand important concepts related to startup development, innovation, funding, and support mechanisms within the Algerian context.
π Use this glossary to:
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Prepare for quizzes and assignments
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Clarify unfamiliar terms encountered in readings or videos
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Strengthen your vocabulary for forum discussions and reflective essays
Feel free to suggest new terms via the course forum if you encounter unfamiliar concepts.
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ScalabilityThe ability of a startup to grow quickly and expand operations without a proportional increase in cost | |
StartupA newly established business designed for rapid growth, often based on innovation or new technology, operating in uncertain and competitive markets. | |
Startup Label (Label Start-up)An official recognition granted by the Algerian Ministry of Knowledge Economy to qualified startups under Executive Decree 20-254. | |
Startup LifecycleThe phases a startup goes through: idea, development, launch, growth, and maturity or exit. | |
Startup RankingAn international index measuring the development of startup ecosystems across countries and cities based on factors like innovation, infrastructure, and visibility. | |