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Which Factors Determine the Success or Failure ...
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Masters Thesis from the year 2017 in the subject Business economics - Company formation, Business Plans, grade: 2,0, Andrássy Gyula Deutschsprachige Universität Budapest, language: English, abstract: As more and more startup companies are founded every year worldwide, building up ones own business does not get easier. Since 9 out of 10 startups fail, future entrepreneurs are well advised to take a look at potential reasons for failure and success. Learning from others mistakes and studying success stories can improve their own performance and help to avoid critical errors. The academic paper at hand will provide valuable insights for entrepreneurs. After delivering an overview of the most commonly used terms and definitions in the startup scene, chapter 6 will describe the components of a business idea and how experts can assess a companys value. Subsequently, the most important factors for a startup companys success, according to literature review, will be listed and illustrated. Various standpoints of academic research and studies will be discussed. Delineating both internal and external factors, this thesis not only delivers a synoptic view of potential challenges inside a startup as well as in its ecosystem, but also juxtaposes these influences in opposition. The second part of this paper analyzes a series of interviews with twelve startup founders from three different regions (the province of North-Rhine Westphalia in Germany, Budapest in Hungary and the state of California in the US). Their views and experiences will be summarized and put into the context of their respective startup ecosystem. This way, the study is able to provide an understanding of the distinctive attributes of these ecosystems. Furthermore, the interviewees challenges and advices will be compared to previously reviewed literature. Therefore, the reader is able to gain insights from an academic perspective, as well as from real-life examples.

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Stand: 07.11.2017
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Local Economies and Global Competitiveness
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The globalized economy depends on local and context-specific factors. This edited volume addresses local-global nexuses via case studies of global interactions in developed and developing areas, and of particular firms approaches to these issues. The chapters build up a prospectus on how best to create globally capable localities. ZOLTAN J. ACS School of Public Policy, George Mason University, USA DAVIDE ANTONIOLI Department of Economics, Institutions and Territory (DEIT), University of Ferrara, Italy TÜNDE CSERPES Eötvös Loránd University (ELTE), Budapest, Hungary PÉTER CSIZMADIA Institute of Sociology, Hungarian Academy of Sciences (HAS), Budapest, Hungary LUTZ EIGENHÜLLER IAB Institute for Employment Research, Nuremberg, Germany STEFAN FUCHS IAB Institute for Employment Research, Nuremberg, Germany GEREMIA GIOS Department of Economics, University of Trento, Italy ILARIA GOIO Department of Economics, University of Trento, Italy ALESSANDRO GRETTER IASMA Research and Innovation Centre, Fondazione Edmund Mach, Trento, Italy MIKLÓS ILLÉSY Institute of Sociology, Hungarian Academy of Sciences (HAS), Budapest, Hungary ICHIRO IWASAKI Institute of Economic Research at Hitotsubashi University, Tokyo, Japan WALDO KRUGELL School of Economics, North-West University (Potchefstroom Campus), South Africa NICOLE LITZEL University of Regensburg and IAB Institute for Employment Research, Nuremberg, Germany CSABA MAKÓ Institute of Sociology, Hungarian Academy of Sciences (HAS), Budapest, Hungary MARIANNE MATTHEE School of Economics, North-West University (Potchefstroom Campus), South Africa MASSIMILIANO MAZZANTI Department of Economics, Institutions and Territory (DEIT), University of Ferrara, Italy JOACHIM MÖLLER University of Regensburg, Institute for Employment Research, Nuremberg and IZA, Germany SANDRO MONTRESOR Department of Economics, University of Bologna, Italy WIM NAUDÉ World Institute for Development Economics Research, United Nations University, Helsinki, Finland CONNIE L. MCNEELY School of Public Policy, George Mason University, USA PIER CARLO PADOAN OECD and University of Rome, Italy PAOLO PINI Department of Economics, Institutions and Territory (DEIT), University of Ferrara, Italy SILVIA SACCHETTI Stirling Management School, University of Stirling, UK JOSEPH SANY School of Public Policy, George Mason University, USA MARIO SCERRI Institute for Economic Research on Innovation (IERI), Faculty of Economics and Finance, Tshwane University of Technology, South Africa MARIA LUIGIA SEGNANA Department of Economics, University of Trento, Italy ROGER SUGDEN Stirling Management School, University of Stirling, UK ZOLTÁN SZÁNTÓ Corvinus University of Budapest, Hungary MIKLÓS SZANYI Institute of World Economics, Hungarian Academy of Sciences (HAS), Budapest, Hungary Debrecen University, Faculty of Economics and Business Administration, Hungary CHIARA TOMASI Scuola Superiore SantAnna and University of Urbino, Italy ISTVÁN JÁNOS TÓTH Institute of Economics, Hungarian Academy of Sciences (IE HAS), Budapest, Hungary GIUSEPPE VITTUCCI MARZETTI Department of Economics, University of Trento, Italy ZHIKAI WANG School of Economics, Zhejiang University, China

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Stand: 19.12.2017
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