Impact of uncertainty and start-up opportunities on technopreneurial start-up success in emerging countries

Abstract

This study evaluates the impact of uncertainty on successful start-ups (SSU) and how the start-up opportunities (SOP) mediate this relationship. A survey questionnaire has been used for data collection and SmartPLS was used for data analysis. Start-up Techno-preneurs based in Vietnam have responded our questionnaire in August, 2020. The findings suggest a significant positive impact of uncertainties on SSU and availability of SOP positively influence the relationship between them. Availability of entrepreneurial opportunities incite prospective techno-preneurs to undertake a start-up venture despite uncertainty. It demonstrates how uncertainty and start-up opportunity influence the success of start-up ventures. Out study shows that adequately assessing business opportunities in the pre-start-up stage will significantly contribute to advance planning and avoid probable constraints, and ensure start-up success. Entrepreneurs and policymakers may use the outcomes of this study to boost start-ups' strategy and support services for successful implementation.

Keywords:

• Uncertainty
• successful start-ups
• start-up opportunity
• techno-preneurship

Disclosure statement

No potential conflict of interest was reported by the author(s).

Additional information

Notes on contributors

Tiep Le Thanh

Tiep Le Thanh, PhD has been working at Thu Dau Mot University, Vietnam as role of researcher. His major research areas are International Business, Corporate Social Responsibility (CSR) related, Corporate Governance, Renewable Energy and Sustainability related. Email: [email protected]

Muhammad Mohiuddin

Muhammad Mohiuddin, PhD is an associate professor of International Business and Global Strategy at Laval University, Canada. Dr. Mohiuddin taught at Thompson Rivers University, Canada; University of Paris-Est, France; Osnabruck University of Applied Science, Germany; Shanghai Institute of Technology, and Tianjin University of Technology, China. His research was published at Research Policy, Applied Economics, Review of Economic Philosophy, Strategic Change, International Journal of Logistics, Sustainability, Journal of Environmental Management, Journal of Cleaner Production, M@N@GEMENT, among others. He is currently serving as Director of Research Group on contemporary Asia (GERAC) at Laval University.

Huan Ngo Quang

Huan Ngo Quang, PhD is a Dean of School of Management at University of Economics Ho Chi Minh City, Vietnam. His major research areas are Corporate Governance and Finance related, Corporate Social Responsibility (CSR) related, Sustainability related. Email: [email protected]