Navigating Opportunities and Challenges: A Comprehensive Study of Venture Companies' Strategies and Competitiveness

Abstract

To establish a competitive position in the era of relentless competition, the enduring secrets of venture companies lie in continuous technological innovations and ground breaking ideas. The categorization of strategic types and groups derived from the strategic dimensions of venture firms is expected to provide valuable insights for aspiring new entrants into the venture industry. This study examines the managerial shortcomings and financial constraints faced by venture firms in existing research, aiming to identify the core competitiveness of these firms by scrutinizing government support for start-ups and the challenges venture companies encounter in their interactions with large corporations. Additionally, the research analyzes the factors contributing to the failure of venture firms and examines the successful strategies employed by successful venture companies, endeavoring to address various challenges and illuminate success strategies through the perspective of successful ventures.