期刊名称:Perspectives of Innovations, Economics and Business
印刷版ISSN:1804-0519
电子版ISSN:1804-0527
出版年度:2019
卷号:19
期号:2
页码:93-113
DOI:10.15208/pieb.2019.6
出版社:Prague Development Center, s.r.o.
摘要:Entrepreneurial and start-up success is a widely discussed phenomenon today with significance
not only for individuals but also for the growth of entire economies worldwide. A large number of
studies, however, emphasize entrepreneurial personality traits that impact venture success. In this paper
we evaluate the impact of external factors within the start-up ecosystem. The start-up success factors
are policies, human capital, financing, culture, support systems, and the market. We have employed a
qualitative approach in the study, and in-depth interviews with the founders in the Vilnius start-up
ecosystem were used as a data collection tool. Our findings suggest that entrepreneurial personality and
start-up ecosystem both impact start-up success, while human capital, financing, and the market are the
key elements of the local start-up ecosystem that contribute to success the most. The findings also reveal
the importance of start-up ecosystem (as a set of external factors) for both entrepreneurial personality
and start-up success. This study is the first attempt to evaluate the Vilnius start-up ecosystem as well as
to establish the importance of ecosystem on both start-up success and entrepreneurial personality that
in turn affect success.
关键词:Start;up; ecosystem; entrepreneurship; Vilnius; success; business