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French technology start-ups: how and why are they succeeding?

Author

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  • Diane Saty Kouamé
  • Silvester Ivanaj

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.

Suggested Citation

  • Diane Saty Kouamé & Silvester Ivanaj, 2017. "French technology start-ups: how and why are they succeeding?," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 30(4), pages 490-508.
    • Handle: RePEc:ids:ijesbu:v:30:y:2017:i:4:p:490-508
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