French Technology Start-Ups: How Why Are They Succeeding?

Diane Saty Kouame and Silvester Ivanaj ()
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Diane Saty Kouame: CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine
Silvester Ivanaj: ICN Business School, CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine

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Abstract: In this paper, we explore the conditions in which technology start-ups in France can be successful. We collected data from 467 French technology start-ups. Based on the most significant criteria of success from literature, in terms of economic and financial performance, we perform a cluster analysis for identifying successful businesses and a binomial regression model to determine the success or failure factors, relating to venture capital funding and the attributes of the technology start-up. We found that successful French technology start-ups succeed in terms of economic performance, job creation, major investments, operating in the international market, developing additional export-facing strategies and using venture capital financing. Our findings provide support for the applicability of the financing decisions to enable success of high technologies start-ups in the France, especially the venture capital resources.

Keywords: French Technology; Start-up; Succeed (search for similar items in EconPapers)
Date: 2017
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Published in International Journal of Entrepreneurship and Small Business, 2017, 30 (4), pp.490-508. ⟨10.1504/IJESB.2017.10003385⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01518328

DOI: 10.1504/IJESB.2017.10003385

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