Legal regulation of Startups in Ecuador as a response to critical economic problems.

Abstract

The research comparatively analyzes startups and simplified stock companies regulated by the Companies Law in Ecuador, highlighting the importance of startups as an innovative response to the country's socioeconomic challenges. These technology-driven companies address mercantile and social problems through more agile and accessible commerce. Employing an inductive-deductive approach, the study reveals the need for an adequate legal framework that promotes the safe and effective development of startups. The lack of clear regulations limits their growth and their contribution to economic and social development, so legal reforms are required to support their integration into the national market.