Title: Success factors and barriers facing the innovative start-ups and their influence upon performance over time
Authors: Isidre March-Chorda
Addresses: Department of Business Administration, University of Valencia, Spain
Abstract: Based upon a sample of 18 start-up innovative firms, all of them located in the Bay Area of San Francisco, this study is intended to shed some light on the strengths, opportunities, weaknesses and threats usually common to the innovative start-up firms, gathered into five areas: funding, management, focus, personal profile and goals and growth strategy. Managerial and organisational hurdles prevail during the first stages of development, whereas most strengths fall into the funding, focus and personal profile categories. An update of the 18 firms under study in year 2002 certifies the innovation start-ups usually manage grow faster than the conventional SMEs.
Keywords: start-ups; startups; innovative; entrepreneurs; founders; funding; management; growth; prospects; Bay Area; SMEs; small and medium sized enterprises; success factors; barriers.
DOI: 10.1504/IJEIM.2004.004758
International Journal of Entrepreneurship and Innovation Management, 2004 Vol.4 No.2/3, pp.228 - 247
Published online: 07 Jul 2004 *
Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article