Key factors for Startups in Colombia and emerging economies
Abstract
This research seeks to identify the factors that influence the creation of Startups with high growth potential in a developing economy. A qualitative approach with an exploratory-descriptive scope was followed, conducting 25 semi-structured interviews with members of entrepreneurship units in the city of Medellín, Colombia. The results indicate that the internal factors that most influence the creation of Startups with growth potential are: the profile of the entrepreneur, his work team and knowledge of the market. External factors correspond to economic aspects and capacity of the entrepreneurship ecosystem, such as: financial leverage, risk capital, financing, loans and calls. It concludes with the need for venture capital financing, specialized advice, and effective collaboration between universities, companies and the State to promote the strengthening of startups and contribute to the economic development of the country.
Keywords
startups, high-growth startups, pre-qualification, entrepreneurship
Author Biography
Lucía Palacios-Moya
Administradora en Salud, Magíster en Salud Pública, estudiante de Doctorado en Administración
Maria Camila Bermeo-Giraldo
Ingeniera Industrial, Magíster en Ingeniería Administrativa
Johana Andrea Muñoz-Velásquez
Administradora de Empresas
Julena Mileidy Mazo-Ceballos
Tecnóloga en Gestión de Mercadeo
Lemy Bran-Piedrahita
Administradora en Salud, Magíster en Gobierno y Políticas Públicas, estudiante de doctorado en estudios políticos y jurídicos
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