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Cited by 19 publications
(8 citation statements)
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“…Major reasons start-ups fail also depend on the stage the start-up is currently in. For instance, in the pre-seed stage, product/service development represents a considerable challenge, whereas in the start-up stage, acquiring sales and customers is key [48].…”
Section: Reasons Of Failure For Start-upsmentioning
confidence: 99%
See 1 more Smart Citation
“…Major reasons start-ups fail also depend on the stage the start-up is currently in. For instance, in the pre-seed stage, product/service development represents a considerable challenge, whereas in the start-up stage, acquiring sales and customers is key [48].…”
Section: Reasons Of Failure For Start-upsmentioning
confidence: 99%
“…A recent study [48] suggests that currently, the main challenges lay in sales/customer acquisition, product development and capital procurement. The reasons why start-ups fail go in a similar direction: having no market need, running out of money, not having the right team, and getting outcompeted.…”
Section: Challenges Of Food Start-ups In the Food Systemmentioning
confidence: 99%
“…The aim of the pre-founding phase is finding a promising idea (Jung 2004). Another classification divides start-ups into different life-cycle stages: seed, start-up, growth, later and steady stage (Kollmann et al 2020).…”
Section: Founding Processes Of Startupsmentioning
confidence: 99%
“…In this paper, the early phase of a start-up is understood as the seed stage. Here, the iterative further development of a business idea plays a role and there are no sales or users yet (Kollmann et al 2020). In addition, the early-stage is characterized by the fact that there is a financing gap, as there are no investors yet (Freiling and Harima 2019).…”
Section: Founding Processes Of Startupsmentioning
confidence: 99%
“…Generally, institutions of higher education provide a net addition to the entrepreneurial and innovation capital of a society [12] and the development of the economy [13]. Furthermore, 84% of all founders have an academic background [14]. Nevertheless, in many curricula, the continuous integration of economic cross-functions [15] and the development of students' entrepreneurial personality still have room to grow.…”
Section: Problem Definitionmentioning
confidence: 99%