How to measure the success of technology-based start-ups : a comprehensive overview of the perspectives of academics & practitioners
Faris Ben Saad
Successful technology start-ups can be a significant driver of a country’s economic development and could transform entire industries with new technological innovations. For this reason, in research and practice, special attention is always paid to one particular type of start-up: a successful one. To date, however, little research has been done on how to measure a start-up’s success. To advance the knowledge about start-up success measurement in academic research, this thesis investigates what academics and practitioners understand by a successful start-up and what they consider to be reliable measures of success. Several scientific studies dedicated to the examination of start-up success were analyzed and seven semi-structured expert interviews with venture capitalists from the early-stage investment sector were conducted. The results show that in both the academic and practical world, start-up success is perceived as a complex, multidimensional phenomenon whose measurement depends on a variety of different factors that may change over time. It is therefore concluded that a meaningful measurement of start-up success requires the use of a combination of different metrics to address this multidimensional nature of success.
Year of publication: |
2024
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Authors: | Ben Saad, Faris |
Published in: |
Junior management science. - Planegg : Dominik van Aaken, David Florysiak und Sebastian Waic, ISSN 2942-1861, ZDB-ID 2867876-X. - Vol. 9.2024, 1, p. 1306-1340
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Subject: | new venture performance | new ventures | startup success | startups | venture capital | Unternehmensgründung | Business start-up | Risikokapital | Venture capital | Erfolgsfaktor | Success factor | Unternehmenserfolg | Firm performance | Hochtechnologie | High technology |
Saved in:
freely available
Type of publication: | Article |
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Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
Language: | English |
Other identifiers: | 10.5282/jums/v9i1pp1306-1340 [DOI] hdl:10419/290637 [Handle] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014500945
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