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Research papers on What makes startups succeed

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  1. The knowledge spillover theory of entrepreneurship

    Zoltán J. Ács, Pontus Braunerhjelm, David B. Audretsch, et al. · 2008 · Small Business Economics · 1,831 citations

    Contemporary theories of entrepreneurship generally focus on the recognition of opportunities and the decision to exploit them. Although the entrepreneurship literature treats opportunities as exogenous, the prevailing theory of economic growth suggests they are endogenous. This paper advances the microeconomic foundations of endogenous growth theory by developing a knowledge spillover theory of entrepreneurship. Knowledge created endogenously results in knowledge spillovers, which allow entrepreneurs to identify and exploit opportunities.

  2. The Psychology of Entrepreneurship

    Michael Fresé, Michael M. Gielnik · 2014 · Annual Review of Organizational Psychology and Organizational Behavior · 914 citations

    In this review of the psychology of entrepreneurship, we first present meta-analytic findings showing that personality dimensions, such as (general) self-efficacy and need for achievement, and entrepreneurial orientation are highly associated with entrepreneurship (business creation and business success). We then discuss constructs that were developed within entrepreneurship research, such as entrepreneurial alertness, business planning, financial capital as resources, and entrepreneurial orientation, and how they can be better understood by taking a psychological perspective. Next, we elaborate how traditional psychological constructs have been utilized in entrepreneurship and how this may

  3. New venture strategies

    Karl H. Vesper · 1979 · Medical Entomology and Zoology · 900 citations

    1. Perspectives on Entrepreneurship. 2. Success and Failure Factors. 3. Career Departure Points. 4. Sequences in Startup. 5. Sources of Venture Ideas. 6. Evaluating Venture Ideas. 7. Main Competitive Entry Wedges. 8. Other Entry Wedges. 9. Acquisition Finding. 10. Acquisition Dealing. Appendices. Bibliography. Index.

  4. Putting Entrepreneurship Education Where the Intention to Act Lies: An Investigation Into the Impact of Entrepreneurship Education on Entrepreneurial Behavior

    Andreas Rauch, Willem Hulsink · 2014 · Academy of Management Learning and Education · 764 citations

    The growing attention to entrepreneurship education has caused a debate about whether entrepreneurship education can affect entrepreneurial behavior. We use a quasi-experimental design, comparing a MSc entrepreneurship program with a comparison group from a MSc supply-chain management program to test the effectiveness of entrepreneurship education, relying on the theory of planned behavior (TPB). The findings suggest that entrepreneurship education is effective. Specifically, students participating in entrepreneurship education show an increase in attitudes and perceived behavioral control. Furthermore, they have higher entrepreneurial intentions at the end of the program. Finally, entrepren

  6. Entrepreneurship and well-being: Past, present, and future

    Johan Wiklund, Boris Nikolaev, Nadav Shir, et al. · 2019 · Journal of Business Venturing · 655 citations

    Entrepreneurship research typically emphasizes firm-level outcomes such as growth and performance. However, people pursue entrepreneurship for deeply personal, idiosyncratic reasons. Therefore, as in other self-organized human pursuits, how entrepreneurship relates to fulfillment and well-being is of utmost importance. In this paper, we provide an overview of the well-being concept, related research, and its connection to entrepreneurship. We define entrepreneurial well-being as the experience of satisfaction, positive affect, infrequent negative affect, and psychological functioning in relation to developing, starting, growing, and running an entrepreneurial venture. We explain this definit

  7. Entrepreneurship Education through Successful Entrepreneurial Models in Higher Education Institutions

    Gabriela Boldureanu, Alina Măriuca Ionescu, Ana‐Maria Bercu, et al. · 2020 · Sustainability · 621 citations

    In higher education institutions, entrepreneurship learning based on successful entrepreneurial role models may promote education for sustainable development. Several theoretical perspectives, such as the human capital theory, the entrepreneurial self-efficacy and self-determination theory, argue that entrepreneurship education is positively correlated with entrepreneurial intentions of students, as it provides adequate know-how and skills and motivates them to develop their entrepreneurial careers. In entrepreneurship education programmes, exposure to successful entrepreneurial models could be a significant factor for stimulating students’ confidence in their ability to start a business and

  8. Comparative International Entrepreneurship

    Siri Terjesen, Jolanda Hessels, Dan Li · 2013 · Journal of Management · 518 citations

    This review systematically examines comparative international entrepreneurship (CIE) research, analyzing 259 articles published in 21 leading journals from 1989 to 2010. We outline the importance of multi-country studies of entrepreneurial activity in enabling the comparison and replication of research and generating meaningful contributions to scholarship, practice, and policy. Our systematic review classifies research findings into four levels—individual, firm, industry, and country—each with respect to characteristics, antecedents, and outcomes of entrepreneurial activities as well as theory and methodology. Taken together, our review highlights the heterogeneous nature of entrepreneurshi

  9. Success Factors in New Ventures: A Meta‐analysis<sup>*</sup>

    Michael Song, Ksenia Podoynitsyna, Hans van der Bij, et al. · 2007 · Journal of Product Innovation Management · 484 citations

    Technology entrepreneurship is key to economic development. New technology ventures (NTVs) can have positive effects on employment and could rejuvenate industries with disruptive technologies. However, NTVs have a limited survival rate. In our most recent empirical study of 11,259 NTVs established between 1991 and 2000 in the United States, we found that after four years only 36 percent, or 4,062, of companies with more than five full‐time employees, had survived. After five years, the survival rate fell to 21.9 percent, leaving only 2,471 firms still in operation with more than five full‐time employees. Thus, it is important to examine how new technology ventures can better survive. In the

  11. Does innovativeness reduce startup survival rates?

    Ari Hyytinen, Mika Pajarinen, Petri Rouvinen · 2014 · Journal of Business Venturing · 355 citations

    There are two competing hypotheses explaining how innovativeness influences the survival of startups: On the one hand, innovativeness is argued to foster survival-enhancing attributes (e.g., market power and cost efficiency) and capabilities (e.g., absorptive capacity). On the other hand, an innovative startup faces (and bears the associated risks of) liabilities of newness and smallness that exceed those of its non-innovative counterparts. The available empirical literature addressing this theoretical tension mostly supports the former hypothesis; we suggest that this finding is, in part, driven by the common practice of employing an ex post measure that already embodies a degree of success

  12. Exploring entrepreneurial readiness of youth and startup success components: Entrepreneurship training as a moderator

    Seun Azeez Olugbola · 2017 · Journal of Innovation & Knowledge · 271 citations

    Abstract From the behavioral perspective, this study analyzed the entrepreneurial readiness of youth in terms of opportunity identification, motivational factors, resources, and entrepreneurial ability. The study examined the effect of entrepreneurship training on young people's readiness to engage in entrepreneurial activity and the components behind successful startups. SEM was applied to a sample of 490 students from the Universiti Sains Islam Malaysia. The findings highlight the positive effect of opportunity identification, motivation, and resources on entrepreneurship and the central role of entrepreneurship training in all factors, including entrepreneurial ability. The role of entrep

  14. Accelerators as a Tool to Support Startup Ventures: Assessing Their Performance and Success Factors : Literature Review

    Badamlyankhui Mishigragchaa · 2017 · 3 citations

    Accelerators are rapidly proliferating around the world. Often confused with incubators but are rather the private sector versions of them, accelerators are regarded as the key contributor to the success rate of innovative business startups and entrepreneurship ecosystem. The current paper aims to provide an overview of currently available literatures on accelerators. It covers discussions on accelerators such as their definitions and functions, value propositions and business models in comparison with other startup assistance initiatives such as incubators. The latter part concentrates on research on accelerator performance and discovers that intervention of accelerators is relatively posit

  17. Understanding the Dynamics of Startup Success: A Systematic Literature Review

    Muhammad Akhtar, Kamarulzaman Ab. Aziz · 2025 · PaperASIA · 2 citations

    A startup is essentially a newly established business or one in its foundational stage, with its primary aim being the monetisation of an innovative idea. According to a report by CBI Insights, globally there are over 150 million startups, with an astounding figure of 50 million new startups launching each year. This means that, on average, approximately 137,000 startups are founded every single day. However, a staggering 90% of these startups fail, while only a small fraction, about 10%, manage to survive and sustain themselves over time. Among these, a mere 1% rise to the unicorn status. Furthermore, developing countries such as Malaysia need to develop their startup ecosystems to drive ec

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

    Artūras Jurgelevičius, A. G. 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

  21. Navigating AI Entrepreneurship: A Review of Artificial Intelligence in Startup Ecosystems

    Rubi Rubi, Dr. Kapil Malhotra, Anamica Maan, et al. · 2025 · International Journal of English Literature and Social Sciences · 1 citations

    This research integrates the latest literature to decode the role of Artificial Intelligence (AI) in ensuring the success, sustainability, and innovation of startups. A structured literature review was performed to examine the latest empirical and conceptual research on AI-powered startups and entrepreneurial ecosystems. The results show that AI improves the survival rate of startups by reducing risk and enhancing decision-making accuracy. Proprietary data, AI-related human capital, and founders’ experience are key factors that improve funding and performance. AI adoption improves operational efficiency, agility, and innovation, while responsible AI adoption enhances stakeholder trust and su

  22. Key Success Factors for Co-Working Space Business Model

    Kuras Purba, Yusuf Ronny, Edward · 2024 · ePaper Bisnis : International Journal of Entrepreneurship and Management · 1 citations

    Co-working spaces have gained popularity in recent years as a flexible and cost-effective solution for freelancers, startups, and small businesses looking for a collaborative work environment. This article examines the key success factors for a co-working space business model, drawing on insights from industry experts and research studies. By identifying these critical factors, co-working space operators can optimize their business model and enhance their chances of success in a competitive market. The development of the use of co-working space is now increasingly promising. Many of the startup companies and freelancers who use co-working space as a place for daily activities to work. Co-wor

  23. The success of entrepreneurship based on the theory of disruptive innovation: Marketing perspective

    Shereen Aly Hussien Aly Abdou · 2025 · Cogent Business & Management · 1 citations

    Abstract This study explores the intersection of disruptive innovation principles and marketing strategies in fostering entrepreneurial success within the Arab region, a culturally and economically diverse context characterized by rapid digital transformation. Theory of disruptive innovation, the research investigates how customer-centric marketing strategies, digital marketing platforms, and guerrilla marketing and viral growth strategiesare adopted across five Arab countries: Egypt, Saudi Arabia, Kuwait, United Arab Emirates, and Jordan. Using survey data collected from 390 Arab startup leaders and marketing agency managers, the study tests three hypotheses to uncover regional patterns in

  24. Understanding Startup Entrepreneurs: Empirical Research of Sustainable Entrepreneurship and Entrepreneurial Empowerment

    S. Shivhare, V. Shunmugasundaram, Nupur Kuhar · 2024 · SEDME (Small Enterprises Development, Management & Extension Journal) · 1 citations

    Entrepreneurship is important for economic progress, but sustainable business practices are necessary for long-term success. The factors influencing sustainable business practices in new businesses include entrepreneurial values, available resources and market demand for sustainability. This research focuses on exploring how economic, social and environmental sustainability factors impact the empowerment of startup entrepreneurs in India. By analysing these variables, the study aims to provide valuable insights into entrepreneurship in India. To achieve its objective, this study used survey techniques and collected data from 384 startup entrepreneurs in India through formal standardised ques

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