Factors Influencing the Success of Technology Startups in Vietnam: A research model development

Chuyen Thi Nguyen ()
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Chuyen Thi Nguyen: School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Vietnam Author-2-Name: Ngoc Thi Kim PHAM Author-2-Workplace-Name: School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Vietnam Author-3-Name: Dan Thi Thanh NGUYEN Author-3-Workplace-Name: School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Vietnam Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:

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Abstract: " Objective - The wave of technology startups in Vietnam is growing strongly, significantly contributing to national economic growth. This research aims to develop a comprehensive research model to identify key factors affecting the success of technology startups in Vietnam. Methodology/Technique - This study employs a quantitative research method, utilizing desk research and an in-depth review of the foundation and current research on technology start-ups and related topics. Finding - Based on indepth literature analysis, research identifies ten (10) key factors influencing on the succes of technology start up including: 1) Technology monitoring, (2) Knowledge absorption capacity, (3) Perceived performance, (4) Customer satisfaction level, (5) Stage-based funding, (6) Innovation ecosystem, (7) Innovation and entrepreneurial culture, (8) Government support, (9) Network size and quality, and (10) Founding team capabilities Novelty - The novelty of this study lies in constructing a comprehensive model that integrates endogenous and exogenous factors within Vietnam's specific context, serving as a foundation for future empirical research and appropriate policy recommendations Type of Paper - Empirical"

Keywords: Technology startups; success factors; startup ecosystem; Vietnam; research model. (search for similar items in EconPapers)
JEL-codes: L26 M13 O25 O32 (search for similar items in EconPapers)
Pages: 9
Date: 2025-06-30
New Economics Papers: this item is included in nep-cse, nep-sbm and nep-sea
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Published in Global Journal of Business and Social Science Review, Volume 13, Issue 2

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Persistent link: https://EconPapers.repec.org/RePEc:gtr:gatrjs:gjbssr664

DOI: 10.35609/gjbssr.2025.13.2(1)

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