Success Of Start-up Businesses Research Articles

The Success of a Start-Up: Examined from Creativity, Innovation, and Knowledge

This study describes the phenomenon of the success of start-up businesses in Tulungagung, indicating stagnation and suboptimal performance, examined through the aspects of creativity, innovation, and the knowledge of the entrepreneurs. The aim of this study is to elucidate the impact of creativity, innovation, and entrepreneurial knowledge on the success of startup ventures. The research employs a quantitative approach, utilizing a survey distributed through questionnaires to gather responses from 60 startup entrepreneurs. Multiple linear regression analysis is employed to analyze the data. The findings of the research suggest that creativity does not exert a significant influence on the success of startup businesses, and similarly, innovation does not play a significant role in determining their success. On the other hand, entrepreneurial knowledge demonstrates a positive and noteworthy effect on the success of startup businesses. Concurrently, when considered together, creativity, innovation, and entrepreneurial knowledge collectively exhibit a positive and significant impact on the success of startup businesses. In summary, an enhancement in creativity, product innovation, and entrepreneurial knowledge, when undertaken collectively, leads to an augmentation in business success. Conversely, a simultaneous decrease in these factors results in a decline in business success.

Survival and growth of Hungarian start-ups

Most start-ups die and most survivors fail to grow dynamically. The aim of the paper is to summarize the factors found in the international literature, supported by empirical research, that influence the survival and growth of start-ups, and evaluates the results of expert interviews conducted with renowned players in the Hungarian start-up ecosystem. During the research process fourteen expert interviews were conducted and analysed with combined logic, integrating deductive and inductive approaches. Based on the results, there is little overlap among factors identified in the international literature and those highlighted by Hungarian experts as influencing the survival and growth of start-ups. However, international and Hungarian results unanimously emphasize that entrepreneurial education, internationalization, acquisitions and heterogeneity of the start-up team’s knowledge and skills play a significant role in the success of start-up businesses. Despite the limitations of the research, results may prove to be beneficial to both start-up ecosystem players and policymakers.

Desired characteristics of successful start-up entrepreneurs in Prachuap Kirikhan province

This study aims to (i) analyze desired characteristics of successful start-up entrepreneurs in Prachuap Kirikhan province, (ii) compare desired characteristics of successful start-up entrepreneurs in Prachuap Kirikhan province according to gender, age, educational background, investment, budget capital, entrepreneur experience, and a number of staff, and (iii) study additional suggestions. The research samples were 140- start-up entrepreneurs in Prachuap Kirikhan province derived through the Simple Random Sampling technique. The instruments used for collecting the data were the rating scale and open-ended questionnaire. Frequency, mean scores, Standard Deviation, t-Test, F-test, and content analysis were used for data analysis. The findings were (i) Desired characteristics of successful start-up entrepreneurs were at a high level (ii) Success of start-up business were ranked according to gender, educational background and number of staff and (iii) the additional suggestions were remarkably emphasized on using past and present experiences to adapt with the business; using technological advancement to reach a wider target group, and using new creativity and risk-taking to make a brand uniqueness.

Incubating Transnational Entrepreneurial Ventures in the ASEAN-X Group: A Quantitative Study

This study aims to contribute to the extensive literature on transnational entrepreneurship by investigating the relationship between seven categorical independent variables (IVs) and a dichotomous dependent variable within the ASEAN-X group. Specifically, a large dataset from the World Bank, OECD, InBIA, and Southeast Asia Ecosystem Report provided a sample of N = 967. A binary logistic regression model was used to analyze the study questions and hypotheses following the Transnational Entrepreneurship (TE) theory. The modelling results reported that the remittances measured by total transaction costs (WaldX2 = 22.49, df = 5, p < .001), entrepreneurs’ age (WaldX2 = 11.78, df = 4, p =.019), entrepreneurs’ education (WaldX2 = 48.33, df = 3, p < .001), and business incubators’ ownership or status (WaldX2 = 14.97, df = 2, p = .001) potentially gauged the success of startup businesses. Future studies should also emphasize the implications of phenomenon-based research in business and society to identify specific theories based on the lived experiences.

Studying the Successor Startup Enterprises—A Case Study of Quang Binh Province, Vietnam

The paper aims to study and build a model to assess the success of startups. In Quang Binh province, Vietnam, in recent years, startup and entrepreneurship are being considered as goals and also a means to make three strategic breakthroughs, including institutions, infrastructure and human resources. With that trend, there are many new startups, young, vibrant and determined to realize their passion with intense business belief. However, there have not been many studies that assess the success and factors affecting the success of startup businesses in Quang Binh as well as in Vietnam. Therefore, the article systematizes the research in the world and in the country about the success and the factors affecting the success of startup businesses, thereby building a model to evaluate the success of the startup and be a scientific basis for researchers, investors to evaluate the success of startups. This study also makes practical contributions and the model can be used in Vietnam to increase the ability of success of startup enterprises.

Effect of Entrepreneurial Orientation, Interest, and Training on The Success of Start-Up Business in the “OK OCE” Program in Cipayung District of East Jakarta Administrative City

This research reviewed the success factors of start-up business. The research objective was to find out the correlation between entrepreneurial orientation, entrepreneurial interest, and entrepreneurial training on the success of start-up business in Cipayung District of East Jakarta Administrative City. This research approach applied quantitative research paradigm that used survey method. The data collection used questionnaire as the main instrument. The research population was “OK OCE” entrepreneur training participants from 8 (eight) batches. The sampling technique used a saturated sample (total sampling) which took 235 people as the research samples by using PLS-3 SEM analysis. The results of hypothesis test calculation of path coefficient found that the effect of entrepreneurial orientation (X1) on the success of start-up business is not significant based on original sample = -0.172 and p-value = 0.005. The effect of entrepreneurial interest (X2) on the success of start-up business is significant based on original sample = 0.291 and p-value = 0.005. The effect of entrepreneurial training (X3) on the success of start-up business is significant based on original sample = 0.475 and p-value = 0.005. In conclusion, the success of start-up business is affected by entrepreneurial interest and training in supporting entrepreneurial growth.

Pengaruh Faktor Internal Terhadap Keberhasilan Start-Up Bisnis Di Kota Surabaya

Start-up businesses in Surabaya has developed quite rapidly. The majority of Surabaya city's economy is driven by the industrial sector and the business sector. The successful start-up business in Surabaya is influenced by internal and external factors. Internal factors from the standpoint of companies can be divided into four groups: marketing, human resources, finance, and operations. The object of this study is a start-up business that is / operating in the city of Surabaya. Total sample of 80 respondents. This research uses quantitative methods in the processing of data and information. The aim of research to determine the effect the management of internal factors in the success of a start-up business seen from the perspective of companies. This study uses a quantitative method with multiple regression analysis techniques. The results showed the management of internal factors (marketing, human resources, finance, and operational) at the same time have a positive influence on the success of start-up businesses Surabaya. This study contributes to the entrepreneur in order to optimize the management of internal factors to the success of start-up businesses.

Strenthening Opportunities of Economic Relations between Lithuania and Sweden within the Perspective of IT Startup Company’s Development

Cooperation with Sweden – one of the key priorities of Lithuania. Economic cooperation potential is promising. One of the priority areas of economic activity, in which Sweden invests in Lithuania, is information and communication. In order to develop and utilize the potential for economic cooperation in the IT field, it is relevant to structuralize IT startup business success factors and to jointly develop base for decisions, execution of which would help ensure effective, economic co-operation development based with Sweden, beginning of IT startup business and such business’s continuity. To achieve the objective, following tasks were resolved: concepts of startup business and the startup company were purified, specifics inconcept’s application in the context of the parties were defined; systematized the startup business success factors and ways of strengthening them, focusing on the factors relevant for strengthening economic ties between Lithuania and Sweden within the perspective of IT startup company’s development. Systematic method of research was applied.

Peran Faktor Internal Dan Faktor Eksternal Pada Keberlangsungan Start-Up Bisnis Kota Surabaya

Business Competition encourages entrepreneurs to have competence in managing the business. Start-up businesses will grow if it is able to manage the internal factors and external factors well. This study focuses on internal factors from the perspective of companies consisting of four components, namely marketing, human resources, finance, and operations. The second focus of this study is the external factor of a business seen from the approach five forces Porter lists five essential components of the external factors, namely: barriers to entry in the industry, threat from substitute products, threat from suppliers bargaining power, threat from buyers bargaining power, Among existing industry and rival firms. The object of this study is a start-up business in the city of Surabaya. This study used descriptive qualitative method with the aim of optimizing the management view of internal and external factors in the success of a start-up business seen from the perspective of the company. Validation of the results using triangulation techniques using: parisipatif observation, interview, and documentation (photos and interviews) to the informant (object) research. The results showed the management of internal factors (marketing, human resources, finance, and operational) and external (barriers to entry in the industry, threat from substitute products, threat from suppliers bargaining power, threat from buyers bargaining power, and rival Among existing industry firms ) is an important component that must be optimized in order to support the success of start-up businesses.

Pengaruh Faktor Keuangan dan Non-keuangan Mencapai Keberhasilan Start-up Bisnis

Business start-up is the term used for the many new efforts applied when business growth is fairly rapid. The success of start-up businesses can be measured by financial and non-financial factors. Financial factors are reflected in the magnitude of profits obtained by start-up business. Non-financial factors are measured from the attitudes of young entrepreneurs: self-efficacy and risk taking propensity. The business start-up community can have difficulty growing due to the lack of knowledge about measuring business success based on financial and non-financial factors. The purpose of this research is to help entrepreneurs measure the success of the start-up businesses they run. The object of the research is a start-up business that produces chips of banana at Mojowarno. This research uses a quantitative approach to process data and information research. The results of the research presents that financial and non-financial achievements affect simultaneously results.