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Business model and team as preconditions of a start-up viability

Author

Listed:
  • Štefan Slávik

    (University of Economics in Bratislava, Slovakia)

  • Ráchel Hagarová

    (University of Economics in Bratislava, Slovakia)

  • Ivana Ljudvigová

    (University of Economics in Bratislava, Slovakia)

  • Branislav Zagoršek

    (University of Economics in Bratislava, Slovakia)

Abstract

Start-ups are an attractive topic for research because they are a relatively new and very dynamic business form. They carry out original business ideas, provide a space for self-realization of independent personalities, bring extra earnings, but most of them fail. The aim of the research was to examine whether the business model and start-up team like two basic assumptions are really some reasons of the viability and later potential start-up success. The result of the research is a knowledge on the structure and functionality of the start-up business model and start-up team. The viability of the start-up had been measured in shape of its business performance. An intensity and structure of the relationships between performance of start-up and its business model and team should confirm its capability to survive and thrive. These relationships are modelled on the base of regression analysis. The research has largely confirmed the existence of desired relationships to a certain extent, but the effect of the studied preconditions is internally considerably differentiated.

Suggested Citation

  • Štefan Slávik & Ráchel Hagarová & Ivana Ljudvigová & Branislav Zagoršek, 2019. "Business model and team as preconditions of a start-up viability," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(3), pages 1404-1427, March.
    • Handle: RePEc:ssi:jouesi:v:6:y:2019:i:3:p:1404-1427
    DOI: 10.9770/jesi.2019.6.3(25)
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    References listed on IDEAS

    as
    1. Tarek Miloud & Arild Aspelund & Mathieu Cabrol, 2012. "Startup valuation by venture capitalists: an empirical study," Post-Print hal-00951664, HAL.
    2. Tarek Miloud & Arild Aspelund & Mathieu Cabrol, 2012. "Startup valuation by venture capitalists: an empirical study," Venture Capital, Taylor & Francis Journals, vol. 14(2-3), pages 151-174, February.
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    Cited by:

    1. Monika Jasińska, 2019. "Recognition and description of synergy conditions in team work in view of the grounded theory," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 375-397, September.

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    More about this item

    Keywords

    start-up; business model; business idea development; team; leader; performance;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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