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Research papers on What makes startups succeed

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  1. PESTEL Analysis of External Environment as a Success Factor of Startup Business

    Ivana Marinović Matović · 2020 · RePEc: Research Papers in Economics · 28 citations

    ABSTRACT: The objective of this paper is to present the purpose of PESTEL analysis as a critical factor for startup success. It proposes the use of PESTEL analysis as a tool to evaluate the business environment for startup organizations, with emphasis on the most common challenges faced by startups in conducting a PESTEL assessment. The main goal of the paper is to provide an overview of the situation, identify areas of importance for improvement, and define guidelines for startup business, with the aim of increasing competitiveness. Contribution of the paper is theoretical and empirical, in the specific context of PESTEL analysis for startup business. KEYWORDS: PESTEL analysis, business env

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  2. Software Startups Success Factors Study under the Entrepreneurial Perspective

    Tatiany Xavier de Godoi, André Menolli, Gustavo Marcelino Dionísio · 2019 · 4 citations

    Entrepreneurship, innovation and startup are widely used terms lately, and much information is currently available on this subject. Software startups are companies that have particular characteristics, such as being scalable, developing innovative products, and living in an environment of uncertainty. Considering the scenario of these types of companies is still incipient, this paper aims to analyze the perception of software startups in relation to the main factors described in the literature that can lead to success or failure. For that, a survey was carried out with software startups incubated in Paraná. The results show that the startups perception is that their success is related only t

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  5. Factors Affecting Growth and Success of Green and Sustainable Entrepreneurship: An Empirical Study of Indian Startups

    B C Anant · 2025 · Journal of Informatics Education and Research · 1 citations

    Green entrepreneurship is about building businesses that balance environmental care with profit-making. In India, many start-ups are leading projects in areas like clean energy, waste management, and sustainable agriculture. These businesses are growing in response to rising environmental awareness and changing consumer preferences. Green entrepreneurs thus play an important role in reducing pollution, creating jobs, and promoting sustainable lifestyles. Their work encourages eco-friendly habits and reshapes supply chains to minimize environmental harm. As they drive both social and economic value, green start-ups contribute to building a more sustainable future for India. This study examine

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  7. The Impact of Entrepreneurship Ecosystem on the Success of Startups

    Mahdi Aliyari · 2024 · International journal of applied research in management, economics and accounting. · 1 citations

    An entrepreneurial ecosystem or entrepreneurship ecosystems are peculiar systems of interdependent actors and relations directly or indirectly supporting the creation and growth of new ventures. Many researchers have highlighted the importance of the entrepreneurship ecosystem in improving entrepreneurial activities; therefore, the aim of this study is to contribute to the body of knowledge that the entrepreneurship ecosystem is correlated with the perception of founders and the success of startups, companies or ventures that are focused on a single product or service that the founders want to bring to market. In this regard, data were collected through a survey of 200 founders or CEOs of sm

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  8. Factors Responsible for the Success of Indian Startups: An Empirical Study

    Rahul Raj · 2023 · Journal of Algebraic Statistics · 1 citations

    Recent years have seen a considerable increase in startups in India, which has been linked to a number of factors. The country's increasing population of young, tech-savvy people who are eager to innovate and found new firms is one of the most significant causes. A supportive atmosphere for entrepreneurs has also been greatly aided by the government's support of startups through programs like Startup India and Make in India. The growth of digital technology and the expansion of internet access, which has made it possible for startups to reach a larger audience and grow the businesses more quickly, are two more important factors. Additionally, the emergence of venture capitalists and angel in

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  9. Key Factors for Student Startup Success: Insights from Higher Education Professors

    Artūras Jurgelevičius, Agota Giedrė Raišienė · 2024 · European Conference on Innovation and Entrepreneurship · 1 citations

    The study aims to identify and analyse the key factors of student start-ups from the perspective of higher academic institution professors. Entrepreneurial students in higher education face challenges such as limited funding, scarce resources, lack of business experience and struggling to balance academic commitments with their start-up ventures. Additionally, they struggle with navigating complex business regulations and often lack access to proper networks or mentorship. This research contributes to a better understanding of how the entrepreneurial ecosystem in higher education institutions can support student start-up initiatives to succeed. For the research, a survey was conducted target

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  11. Startup and Entrepreneurship Ecosystems: Identifying Factors Prompting Startup and Entrepreneurial Success in Developing Countries

    Mansoor Hussain, Muhammad Sami Uz Zaman · 2026 · Qlantic journal of social sciences.

    Currently, the startup ecosystem and entrepreneurship have come to the limelight owing to increasing relevance for economies where traditional employment opportunities are limited. Startups are nowadays considered important determinants of job creation, innovation and economic diversification. Inter-reliant actors like mentors, investors, government agencies and educational institutions form dynamic networks enabling the creation and scaling of new ventures. While most academic research on startup ecosystems focuses on developed economies, there is a significant gap in understanding how such ecosystems function in emerging markets. Existing literature often overlooks institutional constraint

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  12. Entrepreneurship Ecosystems and the Factors Contributing to Startup Success-A Study

    Dr. Krishna Kumar Sharma · 2024 · National Journal of Arts Commerce & Scientific Research Review

    Entrepreneurship has emerged as a key factor in a country economic and social progress in the last several decades. An effective entrepreneurial ecosystem is one approach to regional economic development that aims to foster the kind of conditions that can lead to long-term success for new businesses. In addition, company owners see the development of policies to promote economic growth as integral to the success of their enterprises and the significance of an entrepreneurial ecosystem. The key driver of a thriving entrepreneurial segment is that national goals can be better aligned with entrepreneurs activities if lawmakers have a better grasp of what startups deem essential. An increasing n

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  13. Entrepreneurship After Incarceration: The Barriers and Success Factors For Startups Led By Individuals With A Conviction Record

    Charlotte E Garnes · 2026 · Digital Commons (Liberty University)

    This mixed-methods study examined the barriers and facilitators influencing the success of businesses established by formerly incarcerated individuals through an online survey. It explored the roles of support and resilience in overcoming societal stigma and institutional constraints through survey questions (N = 119) and semi-structured interviews (N = 7). Quantitative analyses included binary logistic regression to evaluate relationships between region, industry, time in business, years since incarceration, and scale scores for support, motivation, and barriers with three outcomes: annual revenue, net profit or loss, and customer ratings. I also conducted a thematic analysis to understand

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  14. Entrepreneurship and Startups

    Ruxshona Yusupova · 2024 · Multidisciplinary Journal of Science and Technology

    Startups ventures are important in today’s economies as they bring change through innovation, job creation, and solution of social needs. This paper examines the parameters of startups, focusing on the stages before launching the business that define its fate. This paper qualitative and quantitative review analyses issues like poor market research, lack of adequate financial resources, and the need for flexibility in today’s volatile markets. Emergency remote teaching, based on case analyses of firms such as Dropbox, Zoom, and Slack, identifies major components of success including market-product fit, team constitution, and financial vulnerability. In addition, varying degree of persistence,

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  15. Fundamentals of Entrepreneurship and Company Startup

    R. Krishnan · 2020 · CRC Press eBooks

    The basic definition of entrepreneurship and various kinds of entrepreneurship and their related topics essential to understanding business startups for engineering students and professionals are presented in this chapter. They include: conceiving a business idea and where does that idea emanate from, business setup, technology behind it, how to get the technology if not invented by the entrepreneur and his/her cofounders, realization of business with the concomitant requirements of the product, its specification, market and its scope, manufacturing, testing and agency approval. In addition, the most important aspects including raising capital with its well-known multiple avenues and the pro

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  16. Critical Success Factors for Startups : A Study on Mumbai-Pune Region, Maharashtra, India

    Apoorva Palkar, K. S. Hari · 2021 · AMC Indian Journal of Entrepreneurship

    India featuring in the top five largest economies in the world relies heavily on the success of startup business enterprises for continuous economic growth and employment generation. Government of India through Startup India Initiative since 2015 has increased its focus on creating an inclusive environment for the growth and success of Startup Business Enterprises. This has shown positive outcome in terms of number of new startups and the amount of investment flown to this crucial sector of the economy. The present study was an attempt to understand the key success factors for startup in India through a study on selected startups in Mumbai-Pune region of western India, the traditional manufa

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  18. Entrepreneurship and Product Innovation Orientation as Determinants of Startup Success

    Zeanette T. Lisbet, Anton Susilo · 2025 · West Science Journal Economic and Entrepreneurship

    This study investigates the impact of entrepreneurship orientation (EO) and product innovation orientation (PIO) on the success of startups in Indonesia. Using a quantitative approach, data were collected from 175 startups through a structured questionnaire with a Likert scale. The results, analyzed using SPSS version 25, show that both EO and PIO are positively correlated with startup success. Regression analysis reveals that both EO and PIO significantly predict startup success, with EO having a slightly stronger impact. The findings suggest that startups with a high level of entrepreneurship orientation, characterized by risk-taking, proactiveness, and competitive aggressiveness, tend to

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  19. Startup technological maturity in Brazil: an analysis of critical success factors

    Hércules Antonio do Prado, Eduardo Amadeu Dutra Moresi, Aluizio Haendchen Filho, et al. · 2026 · Cadernos Cajuína

    This study explores the determinants of survival and success among Brazilian startups, with emphasis on technological maturity levels and critical success factors across the business lifecycle. It seeks to examine how technological readiness influences performance and to identify managerial shortcomings that may jeopardize long-term sustainability. A mixed-methods design was employed, integrating a systematic literature review with semi-structured interviews conducted with startup CEOs. The Technology Readiness Level (TRL), as adopted by the U.S. Department of Energy, was applied to evaluate the technological maturity and success potential of the participating startups. The findings reveal t

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  20. Entrepreneurship in Emerging Asia: Indonesia’s Agritech Startup Ecosystem

    Hyunseok Cho, Youngkyung Ko · 2025 · Academy of Entrepreneurship

    This study examines how digital entrepreneurship is reshaping the agriculture and aquaculture technology startup ecosystem in Indonesia. Key objectives include identifying major players and trends in the sector, evaluating ecosystem supports, and pinpointing policy gaps that restrict growth. The findings reveal rapid expansion in the agritech sector, with numerous startups attracting notable investments and enhancing supply chains. However, the sector faces several challenges, such as inadequate infrastructure, limited policy support, and difficulties in scaling innovations for smallholder farmers. Critical issues include a lack of targeted agritech policies, low digital literacy among farme

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