IDEAS home Printed from https://ideas.repec.org/a/spr/ijogbc/v16y2021i1d10.1007_s42943-021-00023-x.html
   My bibliography  Save this article

An Assessment of Competitiveness of Technology-Based Startups in India

Author

Listed:
  • Krishna Satyanarayana
  • Deepak Chandrashekar

    (Indian Institute of Management Bangalore)

  • Bala Subrahmanya Mungila Hillemane

    (Indian Institute of Science)

Abstract

This paper examines the role played by the entrepreneurial, firm-specific and external environment-related parameters in impacting the competitiveness of Indian high-tech start-ups, considering start-up survival as a milestone and using survival analysis techniques for the analysis. The study uses primary data collected from 175 Indian high-tech start-ups that are headquartered across the country, using a semi-structured questionnaire and in-depth interviews with the top-level management of the sample firms for analysis. Among the firm-related factors, sales and R&D capabilities of the start-ups have shown to be of paramount importance in influencing the competitiveness of high-tech start-ups. Further, among the external environment-specific attributes, the SDP growth in the region is shown to have significant influence on the competitiveness of high-tech start-ups (borderline significant). This paper makes a key contribution to the existing literature by empirically identifying the key entrepreneur-specific, firm-specific and external environment-specific factors of a firm that influence the competitiveness of high-tech start-ups that are in pre-growth stage in a developing economy. The findings of the study will help start-up owners and policy-makers to make adjustments in their policy-making and strategy to enhance the competitiveness of the technology-based startups operating in India.

Suggested Citation

  • Krishna Satyanarayana & Deepak Chandrashekar & Bala Subrahmanya Mungila Hillemane, 2021. "An Assessment of Competitiveness of Technology-Based Startups in India," International Journal of Global Business and Competitiveness, Springer, vol. 16(1), pages 28-38, June.
  • Handle: RePEc:spr:ijogbc:v:16:y:2021:i:1:d:10.1007_s42943-021-00023-x
    DOI: 10.1007/s42943-021-00023-x
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s42943-021-00023-x
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s42943-021-00023-x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ronstadt, Robert, 1988. "The Corridor Principle," Journal of Business Venturing, Elsevier, vol. 3(1), pages 31-40.
    2. Mathew L. A. Hayward & Dean A. Shepherd & Dale Griffin, 2006. "A Hubris Theory of Entrepreneurship," Management Science, INFORMS, vol. 52(2), pages 160-172, February.
    3. Hanas Cader & John Leatherman, 2011. "Small business survival and sample selection bias," Small Business Economics, Springer, vol. 37(2), pages 155-165, September.
    4. Wenyan Yin & Hwy-Chang Moon & Yeon W. Lee, 2019. "The Success Factors of Korean Global Start-Ups in the Digital Sectors Through Internationalization," International Journal of Global Business and Competitiveness, Springer, vol. 14(1), pages 42-53, December.
    5. David B. Audretsch & Erik E. Lehmann, 2004. "Financing High-Tech Growth: The Role Of Banks And Venture Capitalists," Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 56(4), pages 340-357, October.
    6. Marco Caliendo & Alexander Kritikos, 2010. "Start-ups by the unemployed: characteristics, survival and direct employment effects," Small Business Economics, Springer, vol. 35(1), pages 71-92, July.
    7. Huw Lloyd-Ellis & Dan Bernhardt, 2000. "Enterprise, Inequality and Economic Development," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(1), pages 147-168.
    8. Giraudo, Emanuele & Giudici, Giancarlo & Grilli, Luca, 2019. "Entrepreneurship policy and the financing of young innovative companies: Evidence from the Italian Startup Act," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    9. Krishna,H. S., 2019. "High-tech Internet Start-ups in India," Cambridge Books, Cambridge University Press, number 9781108485388, October.
    10. Phillip Kim & Howard Aldrich & Lisa Keister, 2006. "Access (Not) Denied: The Impact of Financial, Human, and Cultural Capital on Entrepreneurial Entryin the United States," Small Business Economics, Springer, vol. 27(1), pages 5-22, August.
    11. Lazzarini, Sergio G. & Mesquita, Luiz F. & Cronin, Patrick, 2007. "Determinants of Firm Competitiveness in Latin American Emerging Economies: Evidence from Brazil’s Auto-parts Industry," Insper Working Papers wpe_82, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    12. Seungku Ahn & Juil Kim, 2019. "The Effect of Managerial Characteristics on the Performance of Technology-Based Start-ups in Korea," International Journal of Global Business and Competitiveness, Springer, vol. 14(1), pages 11-23, December.
    13. Giuseppe Criaco & Tommaso Minola & Pablo Migliorini & Christian Serarols-Tarrés, 2014. "“To have and have not”: founders’ human capital and university start-up survival," The Journal of Technology Transfer, Springer, vol. 39(4), pages 567-593, August.
    14. Johan Wiklund & Holger Patzelt & Dean Shepherd, 2009. "Building an integrative model of small business growth," Small Business Economics, Springer, vol. 32(4), pages 351-374, April.
    15. Lora Anne Viola, 2020. "US Strategies of Institutional Adaptation in the Face of Hegemonic Decline," Global Policy, London School of Economics and Political Science, vol. 11(S3), pages 28-39, October.
    16. José Millán & Emilio Congregado & Concepción Román, 2012. "Determinants of self-employment survival in Europe," Small Business Economics, Springer, vol. 38(2), pages 231-258, February.
    17. Acquaah, Moses & Yasai-Ardekani, Masoud, 2008. "Does the implementation of a combination competitive strategy yield incremental performance benefits? A new perspective from a transition economy in Sub-Saharan Africa," Journal of Business Research, Elsevier, vol. 61(4), pages 346-354, April.
    18. Kirankumar S. Momaya, 2019. "The Past and the Future of Competitiveness Research: A Review in an Emerging Context of Innovation and EMNEs," International Journal of Global Business and Competitiveness, Springer, vol. 14(1), pages 1-10, December.
    19. Wiklund, Johan & Nikolaev, Boris & Shir, Nadav & Foo, Maw-Der & Bradley, Steve, 2019. "Entrepreneurship and well-being: Past, present, and future," Journal of Business Venturing, Elsevier, vol. 34(4), pages 579-588.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gita Surie, 2022. "Scaling the Innovation Ecosystem for Renewable Energy: The Case of India," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 89-103, June.
    2. Muralidharan Loganathan, 2022. "Competing for Technology Talent: Listed Companies Versus Funded Startups in India," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 64-72, June.
    3. H. Kiran Kumar & B. R. Naveen & J. Savitha, 2022. "Business Factors Challenging SMEs for Adopting Cloud-Based Solutions," International Journal of Global Business and Competitiveness, Springer, vol. 17(2), pages 203-214, December.
    4. Kalyanasundaram Ganesaraman & M. H. Bala Subrahmanya, 2022. "How Conflicts Cause Technology Startups to Fail in India? An Empirical Analysis," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 40-52, June.
    5. Ke Zhang & Shunmin Wang & Yuanyu Yu, 2023. "A TBGAV-Based Image-Text Multimodal Sentiment Analysis Method for Tourism Reviews," International Journal of Information Technology and Web Engineering (IJITWE), IGI Global, vol. 18(1), pages 1-17, January.
    6. Shashi Bhushan Kumar & Nandan Sudarsanam, 2022. "A Decision-Making Framework for Entrepreneurial Venture in Emerging Economies," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 11-23, June.
    7. Mohammed Musa Bayero, 2023. "IT Infrastructure, Knowledge Management and Firm Competitiveness: Exploring Mediating Role of IT Outsourcing in Nigeria," International Journal of Global Business and Competitiveness, Springer, vol. 18(1), pages 43-58, June.
    8. Aswathy Sreenivasan & M. Suresh, 2023. "Green Start-ups: Start-ups Accelerating Sustainability," International Journal of Global Business and Competitiveness, Springer, vol. 18(1), pages 80-89, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nigam, Nirjhar & Benetti, Cristiane & Johan, Sofia A., 2020. "Digital start-up access to venture capital financing: What signals quality?," Emerging Markets Review, Elsevier, vol. 45(C).
    2. H. Kent Baker & Satish Kumar & Nitesh Pandey, 2021. "Thirty years of Small Business Economics: a bibliometric overview," Small Business Economics, Springer, vol. 56(1), pages 487-517, January.
    3. G. Yoganandan & Abdul Aziz Abdul Rahman & M. Vasan & Abdelrhman Meero, 2022. "Evaluating agripreneurs’ satisfaction: exploring the effect of demographics and emporographics," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-22, December.
    4. Marco Caliendo & Alexander S. Kritikos & Claudia Stier, 2023. "The influence of start-up motivation on entrepreneurial performance," Small Business Economics, Springer, vol. 61(3), pages 869-889, October.
    5. Weerachart T. Kilenthong & Kittipong Rueanthip, 2018. "Entrepreneurship and family businesses in Thailand," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 32(1), pages 77-93, May.
    6. Edoardo Ferrucci & Roberto Guida & Valentina Meliciani, 2021. "Financial constraints and the growth and survival of innovative start‐ups: An analysis of Italian firms," European Financial Management, European Financial Management Association, vol. 27(2), pages 364-386, March.
    7. Isabel Martínez-Rodríguez & Consolación Quintana-Rojo & Pedro Gento & Fernando-Evaristo Callejas-Albiñana, 2022. "Public policy recommendations for promoting female entrepreneurship in Europe," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1235-1262, September.
    8. Weerachart Kilenthong & Kittipong Rueanthip, 2016. "The Impact of Family Business Apprenticeship on Entrepreneurship and Survival of Small Businesses: Evidence from Thailand," PIER Discussion Papers 34, Puey Ungphakorn Institute for Economic Research.
    9. Renato Passaro & Ivana Quinto & Pierluigi Rippa & Antonio Thomas, 2020. "Evolution of Collaborative Networks Supporting Startup Sustainability: Evidences from Digital Firms," Sustainability, MDPI, vol. 12(22), pages 1-20, November.
    10. Paz Rico Belda & Bernardí Cabrer-Borrás, 2018. "Necessity and opportunity entrepreneurs: survival factors," International Entrepreneurship and Management Journal, Springer, vol. 14(2), pages 249-264, June.
    11. Huňady Ján & Šipikal Miroslav & Pisár Peter & Hiadlovský Vladimír, 2022. "One-way ticket from unemployment to entrepreneurship? Evaluation of allowance for self-employment in least developed regions," Central European Journal of Public Policy, Sciendo, vol. 16(2), pages 1-17, December.
    12. H. Kiran Kumar & B. R. Naveen & J. Savitha, 2022. "Business Factors Challenging SMEs for Adopting Cloud-Based Solutions," International Journal of Global Business and Competitiveness, Springer, vol. 17(2), pages 203-214, December.
    13. Dubard Barbosa, Saulo & Fayolle, Alain & Smith, Brett R., 2019. "Biased and overconfident, unbiased but going for it: How framing and anchoring affect the decision to start a new venture," Journal of Business Venturing, Elsevier, vol. 34(3), pages 528-557.
    14. Feng Xu & Xiaogang He & Xueru Yang, 2021. "A Multilevel Approach Linking Entrepreneurial Contexts to Subjective Well-Being: Evidence from Rural Chinese Entrepreneurs," Journal of Happiness Studies, Springer, vol. 22(4), pages 1537-1561, April.
    15. Pankaj C. Patel & Marcus T. Wolfe, 2022. "Of free markets and a secular mind: the value of economic decentralization and individual secular values in entrepreneurship," Small Business Economics, Springer, vol. 58(1), pages 93-119, January.
    16. Tristan Boyer & Régis Blazy, 2014. "Born to be alive? The survival of innovative and non-innovative French micro-start-ups," Small Business Economics, Springer, vol. 42(4), pages 669-683, April.
    17. Lucio Fuentelsaz & Consuelo González & Juan P. Maícas, 2021. "High-growth aspiration entrepreneurship and exit: the contingent role of market-supporting institutions," Small Business Economics, Springer, vol. 57(1), pages 473-492, June.
    18. Baron, Robert A. & Mueller, Brandon A. & Wolfe, Marcus T., 2016. "Self-efficacy and entrepreneurs' adoption of unattainable goals: The restraining effects of self-control," Journal of Business Venturing, Elsevier, vol. 31(1), pages 55-71.
    19. Caliendo, Marco & Künn, Steffen & Weissenberger, Martin, 2020. "Catching up or lagging behind? The long-term business and innovation potential of subsidized start-ups out of unemployment," Research Policy, Elsevier, vol. 49(10).
    20. Aswathy Sreenivasan & M. Suresh, 2023. "Green Start-ups: Start-ups Accelerating Sustainability," International Journal of Global Business and Competitiveness, Springer, vol. 18(1), pages 80-89, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:ijogbc:v:16:y:2021:i:1:d:10.1007_s42943-021-00023-x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.