Key factors for Startups in Colombia and emerging economies

This research seeks to identify the factors that influence the creation of Startups with high growth potential in a developing economy. A qualitative approach with an exploratory-descriptive scope was followed, conducting 25 semi-structured interviews with members of entrepreneurship units in the ci...

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Main Authors: Palacios-Moya, Lucía, Bermeo-Giraldo, Maria Camila, Muñoz-Velásquez, Johana Andrea, Mazo-Ceballos, Julena Mileidy, Bran-Piedrahita, Lemy
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2024
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/investigacion_duitama/article/view/17536
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author Palacios-Moya, Lucía
Bermeo-Giraldo, Maria Camila
Muñoz-Velásquez, Johana Andrea
Mazo-Ceballos, Julena Mileidy
Bran-Piedrahita, Lemy
author_facet Palacios-Moya, Lucía
Bermeo-Giraldo, Maria Camila
Muñoz-Velásquez, Johana Andrea
Mazo-Ceballos, Julena Mileidy
Bran-Piedrahita, Lemy
author_sort Palacios-Moya, Lucía
collection OJS
description This research seeks to identify the factors that influence the creation of Startups with high growth potential in a developing economy. A qualitative approach with an exploratory-descriptive scope was followed, conducting 25 semi-structured interviews with members of entrepreneurship units in the city of Medellín, Colombia. The results indicate that the internal factors that most influence the creation of Startups with growth potential are: the profile of the entrepreneur, his work team and knowledge of the market. External factors correspond to economic aspects and capacity of the entrepreneurship ecosystem, such as: financial leverage, risk capital, financing, loans and calls. It concludes with the need for venture capital financing, specialized advice, and effective collaboration between universities, companies and the State to promote the strengthening of startups and contribute to the economic development of the country.
format Online
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institution Revista de Investigación, Desarrollo e Innovación (RIDI)
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publishDate 2024
publisher Universidad Pedagógica y Tecnológica de Colombia
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spelling oai:oai.revistas.uptc.edu.co:article-175362024-05-30T03:55:10Z Key factors for Startups in Colombia and emerging economies Factores clave para la creación de Startups en Colombia y economías emergentes Palacios-Moya, Lucía Bermeo-Giraldo, Maria Camila Muñoz-Velásquez, Johana Andrea Mazo-Ceballos, Julena Mileidy Bran-Piedrahita, Lemy startups high-growth startups pre-qualification entrepreneurship empresas emergentes startups de alto crecimiento preincubación emprendimiento This research seeks to identify the factors that influence the creation of Startups with high growth potential in a developing economy. A qualitative approach with an exploratory-descriptive scope was followed, conducting 25 semi-structured interviews with members of entrepreneurship units in the city of Medellín, Colombia. The results indicate that the internal factors that most influence the creation of Startups with growth potential are: the profile of the entrepreneur, his work team and knowledge of the market. External factors correspond to economic aspects and capacity of the entrepreneurship ecosystem, such as: financial leverage, risk capital, financing, loans and calls. It concludes with the need for venture capital financing, specialized advice, and effective collaboration between universities, companies and the State to promote the strengthening of startups and contribute to the economic development of the country. Esta investigación busca identificar los factores que influyen en la creación de Startups con alto potencial de crecimiento en una economía en desarrollo. Se siguió un enfoque cualitativo con alcance exploratorio-descriptivo, realizando 25 entrevistas semiestructuradas a miembros de unidades de emprendimiento de la ciudad de Medellín, Colombia. Los resultados indican que los factores internos que más influyen en la creación de Startups con potencial de crecimiento son: el perfil del emprendedor, su equipo de trabajo y el conocimiento del mercado. Los factores externos corresponden a aspectos económicos y capacidad del ecosistema de emprendimiento, como: apalancamiento financiero, capital de riesgo, financiación, préstamos y convocatorias. Se concluye con la necesidad de financiación en capital de riesgo, asesoramiento especializado, y colaboración efectiva entre universidades, empresas y el Estado para fomentar el fortalecimiento de las startups y contribuir al desarrollo económico del país. Universidad Pedagógica y Tecnológica de Colombia 2024-01-15 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.uptc.edu.co/index.php/investigacion_duitama/article/view/17536 10.19053/uptc.20278306.v14.n1.2024.17536 Revista de Investigación, Desarrollo e Innovación; Vol. 14 No. 1 (2024): Enero-Junio; 75-94 Revista de Investigación, Desarrollo e Innovación; Vol. 14 Núm. 1 (2024): Enero-Junio; 75-94 2389-9417 2027-8306 spa https://revistas.uptc.edu.co/index.php/investigacion_duitama/article/view/17536/14072 Derechos de autor 2024 Revista de Investigación, Desarrollo e Innovación https://creativecommons.org/licenses/by/4.0/
spellingShingle startups
high-growth startups
pre-qualification
entrepreneurship
empresas emergentes
startups de alto crecimiento
preincubación
emprendimiento
Palacios-Moya, Lucía
Bermeo-Giraldo, Maria Camila
Muñoz-Velásquez, Johana Andrea
Mazo-Ceballos, Julena Mileidy
Bran-Piedrahita, Lemy
Key factors for Startups in Colombia and emerging economies
title Key factors for Startups in Colombia and emerging economies
title_alt Factores clave para la creación de Startups en Colombia y economías emergentes
title_full Key factors for Startups in Colombia and emerging economies
title_fullStr Key factors for Startups in Colombia and emerging economies
title_full_unstemmed Key factors for Startups in Colombia and emerging economies
title_short Key factors for Startups in Colombia and emerging economies
title_sort key factors for startups in colombia and emerging economies
topic startups
high-growth startups
pre-qualification
entrepreneurship
empresas emergentes
startups de alto crecimiento
preincubación
emprendimiento
topic_facet startups
high-growth startups
pre-qualification
entrepreneurship
empresas emergentes
startups de alto crecimiento
preincubación
emprendimiento
url https://revistas.uptc.edu.co/index.php/investigacion_duitama/article/view/17536
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