Examining factors affecting entrepreneurial success in Danang city

Abstract

- The paper investigates factors that affect the success of a startup in Da Nang on three aspects: entrepreneur, organization itself and external environment including six factors: entrepreneur experience, social capital, the organization\'s business location, human resources, industry environment, and external support. The research has collected data from owners of small and medium-sized enterprises and individual economic households in Danang. The findings confirm that Entrepreneur experience, Social capital, the Organization\'s business location, along with External support are associated with the success of startups. The research also provides scientific, practical implications and policy recommendations for pre-startup period as well as business development.