The causes of unsuccess of entrepreneurial practices from technological start-ups

• Autor(a) principal: Monteiro, Marta Sofia Neto
• Data de Publicação: 2018
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10071/17772
• topic: Technology; Start-ups; Management; Gestão de empresas; Empreendedorismo; Tecnologia; Estratégias de sucesso; Vantagem competitiva

The purpose of this research is to study the main features of successful technological start-ups, to validate if the theory that is shown in this paper applies to reality, defining some guidelines that allow entrepreneurs to better understand what variables contribute to achieve success or failure. The scope of this research is focused on two very trending areas nowadays: entrepreneurship and technology. Both contribute a great deal to the country’s evolution in which they are operating and it’s respective competitive advantage, they also help developing the economy, job creation and to increase knowledge and skills of their workforce. The methodology consisted on a survey performed to a group of technological entrepreneurs, distinguishing the successful experiences from the unsuccessful ones. This approach allows one to identify some important correlations on both cases. The main conclusions that came from the survey were that successful entrepreneurs have bigger experience, with good management skills and market sensitivity. On the other hand, the unsuccessful entrepreneurs that were studied seemed to lack proactivity and overall accurate planning, with their biggest constraint being the time-to-market. In the end, this study is intended to help technological entrepreneurs to understand some of the requirements needed to start/adapt their business in the best way to achieve the success of their venture.