Factors Affecting Start-up Performance

Abstract

This research was conducted to identify factors contributing to start-up performance. In a knowledge-based economy, start-ups in technology can significantly contribute to the development of the economy and society. However, study about the performance of technology startup fragmented into several domains such as Information Technology, Information System, Business and Management, and another domain. Moreover, the performance of established firms and start-ups is quite different. Therefore, a study about their performance is needed. The semi-systematic literature review method was used to collect and select articles that study startup performance from leading publishers. 4,063 articles were screened and selected so that there were 42 articles analyzed in this study. With descriptive analysis, found as many as 58 factors that affect performance. The most studied factors are at the organizational level, especially strategy and capability. This research provides scientific contributions, especially in strategic entrepreneurship, and provides managerial implications for startup managers in identifying factors that affect startup performance.