The success factors of incubated startups related with intellectual capital

Abstract

This research deals with the success factors of incubated startups related to intellectual capital. Studies on success and failure factors are still relevant since market dynamics and the importance of entrepreneurship continue to demand from entrepreneurs, public agents and universities new actions that lead to the development of competitive businesses. Thus, the objective of this article is to map the success factors of incubated startups related to intellectual capital. The methodological procedures consist of a literature review in the Scopus database and searches directed to the theme. The article presents the business success models/success factors of Peña (2002) Chorev and Anderson (2006) Song et al. (2008) Frese (2009) Machado (2014) and recent research on the subject. The conclusions indicate that human, structural and relational capital are strongly related to the success of companies. They also point out that success is the sum of human capital (profile of the entrepreneur and his team), structural capital (business plan, physical, technological and management structure) and relational capital (market growth, relationships with customers, suppliers and stakeholders).