IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/126994.html
   My bibliography  Save this paper

Belgian start-ups in Artificial Intelligence

Author

Listed:
  • Dumont, Michel
  • Rayp, Glenn

Abstract

We attempt to map out as comprehensively as possible the Belgian companies that offer goods or services with an AI component. The 744 Belgian AI start-ups that we identified (founded since 2010) appear, in comparison with non-AI start-ups, to focus primarily on revenue growth, which is often accompanied by a sharp increase in the number of employees. On the other hand, many of the AI start-ups are not yet profitable, especially those with venture capital. AI start-ups without venture capital are overrepresented in the very small group of the most successful Belgian start-ups, which have high turnover, many employees and are very profitable.

Suggested Citation

  • Dumont, Michel & Rayp, Glenn, 2025. "Belgian start-ups in Artificial Intelligence," MPRA Paper 126994, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:126994
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/126994/1/MPRA_paper_126994.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:126994. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.