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

Author

Listed:
  • 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)

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 Kouame & Silvester Ivanaj, 2017. "French Technology Start-Ups: How Why Are They Succeeding?," Post-Print hal-01518328, HAL.
    • Handle: RePEc:hal:journl:hal-01518328
    DOI: 10.1504/IJESB.2017.10003385
    as

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