Preparing the Startup Ecosystem for Building a New Startup Business During Pandemic: A Systematic Literature Review

Abstract

The success of the startup planning in the early stages of business development would make it easier to achieve the business target and proceed to the next phase. This study aims to obtain information on each ecosystem element's role in the early stages of startup development. The literature review method was adopted by collecting the last ten years of journals. Forty-six primary journals were generated from filtering the journals with relevant topic issues. Then 17% of the evaluation type journals, 24% of validation journals and solutions, and 35% of experience journals. The Results are the ecosystem element's position at the startup growth stage in general. This knowledge could assist the founders' research plan for startup market creation to mitigate startup failure rates in the first few years. Guidance on several topics that apply to further study also provides in this journal.

Lean Startup Practices: Operationalizing the Technological Business Planning Process in an Academic Environment

“…Another point highlighted in the literature is that the technology transfer process is fraught with several challenges (Fasi, 2022;Ravi and Janodia, 2022;Takata et al, 2022;Wulandari and Subriadi, 2022;Boguszewicz-Kreft et al, 2021;Taouaf et al, 2021). Different failures are observed in the initial business development plans due to the lack, for example, of a minimum viable product (MPV) (Wulandari and Subriadi, 2021). Thus, many of these challenges and difficulties come from the lack of knowledge, on the part of the technological development teams, about the Lean startup practices that are capable of contributing to each of the stages of the TBPP in the academic environment.…”