TITLE:
Studying the Successor Startup Enterprises—A Case Study of Quang Binh Province, Vietnam
AUTHORS:
Tran Tu Luc, Le Khac Hoai Thanh, Nguyen Thi Kim Phung
KEYWORDS:
Startup, Entrepreneurship, Successful Startup, Success Prediction Model, Quang Binh Province
JOURNAL NAME:
Open Journal of Business and Management,
Vol.8 No.4,
June
19,
2020
ABSTRACT: The paper aims to study and build a model to
assess the success of startups. In Quang Binh province, Vietnam, in recent
years, startup and entrepreneurship are being considered as goals and also a
means to make three strategic breakthroughs, including institutions,
infrastructure and human resources. With that trend, there are many new
startups, young, vibrant and determined to realize their passion with intense
business belief. However, there have not been many studies that assess the
success and factors affecting the success of startup businesses in Quang Binh
as well as in Vietnam. Therefore, the article systematizes the research in the
world and in the country about the success and the factors affecting the
success of startup businesses, thereby building a model to evaluate the success
of the startup and be a scientific basis for researchers, investors to evaluate
the success of startups. This
study also makes practical contributions and the model can be used in Vietnam
to increase the ability of success of startup enterprises.