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Do entrepreneurship ecosystem and managerial skills contribute to startup development?

Do entrepreneurship ecosystem and managerial skills contribute to startup development? The purpose of this study is to analyze the factors affecting startup development and the entrepreneurship ecosystem's contribution to it.Design/methodology/approachA quantitative methodology is used for data collection from different startup owners working across Pakistan. It is a cross-sectional descriptive study, which investigates the causal effect of variables at a definite point in time. Non-probability convenient sampling was used for selecting available startups from the incubation centers. The sampling framework consists of the founders of the startups that have been previously incubated at any of the selected incubation centers.FindingsRegression analysis results from 165 responses of entrepreneurs and incubation centers demonstrate that the most important factors affecting startup development were financial access, government support, marketing challenges, education, technology and managerial skills in order of occurrence. Entrepreneurship ecosystem also proved to have a very positive impact on the relationship of these factors with startup development.Practical implicationsIn this paper, the factors that affect the development of startup are analyzed and recommendations are provided.Originality/valueThis research is comprehensive, as we have collected data from actual entrepreneurs and incubation centers to explain how entrepreneurs initiate their startup business by considering their managerial skills. As such, this study is unique in that the data comes from newly developed incubations centers in one of South Asia's fastest-growing economies. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png South Asian Journal of Business Studies Emerald Publishing

Do entrepreneurship ecosystem and managerial skills contribute to startup development?

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References (95)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
2398-628X
DOI
10.1108/sajbs-07-2020-0233
Publisher site
See Article on Publisher Site

Abstract

The purpose of this study is to analyze the factors affecting startup development and the entrepreneurship ecosystem's contribution to it.Design/methodology/approachA quantitative methodology is used for data collection from different startup owners working across Pakistan. It is a cross-sectional descriptive study, which investigates the causal effect of variables at a definite point in time. Non-probability convenient sampling was used for selecting available startups from the incubation centers. The sampling framework consists of the founders of the startups that have been previously incubated at any of the selected incubation centers.FindingsRegression analysis results from 165 responses of entrepreneurs and incubation centers demonstrate that the most important factors affecting startup development were financial access, government support, marketing challenges, education, technology and managerial skills in order of occurrence. Entrepreneurship ecosystem also proved to have a very positive impact on the relationship of these factors with startup development.Practical implicationsIn this paper, the factors that affect the development of startup are analyzed and recommendations are provided.Originality/valueThis research is comprehensive, as we have collected data from actual entrepreneurs and incubation centers to explain how entrepreneurs initiate their startup business by considering their managerial skills. As such, this study is unique in that the data comes from newly developed incubations centers in one of South Asia's fastest-growing economies.

Journal

South Asian Journal of Business Studies – Emerald Publishing

Published: Mar 22, 2023

Keywords: startup; Entrepreneurship; Ecosystem; Business incubation centers; Government support; Managerial skills

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