Econometric Estimation of the Factors That Influence Startup Success

Technology startups are important regional economic engines that recognized as drivers of sustainable growth. Understanding the factors influence their success is interest both to scientific community and practitioners. However, there currently no consensus in literature on how define a technology startup. Startup has multiple dimensions different theoretical approaches empirical contexts. Therefore, present work, our aim identify ways measuring Using review interviews with entrepreneurs venture capital investors, we identified two common indicators: achieving significant revenue obtaining financing. We then analyzed have greatest impact startup using 340 startups. used multivariate model based independent econometric estimates for each defining The main conclusion four success: location startup, promoting partners’ dedication, age company, existence nonpromoting partners.