Title: Determinants of startup performance: an empirical analysis of startups from Kerala, India

Authors: Aidin Salamzadeh; Jumana Nalakam Paramba; Samsudheen Karuthedath; Ratan J.S. Dheer

Addresses: Faculty of Management, University of Tehran, North Kargar Avenue, Tehran 1411713114, Iran ' Department of Commerce and Management Studies, Farook College, Kozhikode, Kerala, India ' Department of Commerce and Management Studies, Farook College, Kozhikode, Kerala, India ' Department of Management, College of Business, Eastern Michigan University, Ypsilanti, MI 48197, USA

Abstract: Startup firms are newer businesses with several limits in their early phases. According to the resource-based view, it is necessary to implement numerous strategies. As a result, the current research highlights the numerous aspects that influence startup performance. The relationship between several elements (intellectual capital, business incubator characteristics, entrepreneurial orientation and marketing strategies) that influence startup performance is investigated. These relationships are measured through structural equation modelling (SEM). As per the findings, startups must retain a significant amount of intangible assets in the form of human resources, their interrelationships, organisational structure and culture, and marketing strategies to function innovatively. Contrary to expectations, entrepreneurial orientation does not affect startup companies' innovative performance. The study gives an insight into startup founders regarding the matters to be considered while starting a new venture. Likewise, it provides an opportunity for students to attract investment opportunities and connect with different parties in the startup ecosystem.

Keywords: intellectual capital; entrepreneurial orientation; business incubation services; market information; startup performance; structural equation modelling; SEM; India.

DOI: 10.1504/IJESB.2024.141989

International Journal of Entrepreneurship and Small Business, 2024 Vol.53 No.3, pp.364 - 377

Received: 02 Jun 2022
Received in revised form: 16 Jun 2022
Accepted: 03 Jul 2022

Published online: 07 Oct 2024 *

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