Factors Affecting Startup Performance: A Literature Review Sunu Puguh Hayu Triono (*), Agus Rahayu, Lili Adi Wibowo, Andry Alamsyah
Doktor Ilmu Manajemen, Sekolah Pascasarjana, Universitas Pendidikan Indonesia, Jalan Dr. Setiabudhi No. 229, Bandung 40154, Indonesia
*sunu.puguh[at]upi.edu
Abstract
Entrepreneurs and their startups have an important role in the economy, namely in terms of job creation, wealth creation, and fostering innovation for the industry, as well as rapid response, more growth-oriented, and high flexibility. In a knowledge-based economy, startups can make a significant contribution to the development of the economy and society. Research on startups has increased in the last decade. However, comprehensive research on the factors that affect startup performance has not been widely carried out. This research was conducted to identify what factors contribute to startup performance. The semi-systematic literature review method is used to collect and select articles that examine startup performance from leading publishers. From 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 the field of strategic entrepreneurship and provides managerial implications for startup managers in identifying factors that affect startup performance.
Keywords: Startup- Born-global venture- Performance- Systematic Literature Review- Bibliographic Analysis
Topic: Strategic Management, Entrepreneurship and Contemporary Issues
