Developing an innovative entrepreneurial ecosystem: What do we find from Tien Giang context?
Main Article Content
Abstract
Promoting the development of an innovative start-up ecosystem is the driving force for the development of all economies, contributing positively to economic growth and restructuring. The purpose of the article is to assess the feelings of experts and businesses about the elements of the startup ecosystem in the context of Tien Giang province. The survey results of 150 experts and 300 businesses show that Tien Giang is doing very well in training and promoting entrepreneurship. In addition, direct support policies for start-ups such as: supporting information registration on the national portal quickly, shortened business registration time, tax incentive programs for innovative enterprises... is also a bright spot in Tien Giang's policy. However, startups are currently facing problems accessing financial resources as well as indirect support programs for startups as there are not many startup competitions that attract many participants. Tien Giang's current research and development programs are also not highly appreciated. In addition, the number of state-owned business incubators has not developed strongly and the success rate of startups from these incubators is not high. The estimated results also showed that there are statistically significant correlations between the business results of startups and most factors in the startup ecosystem. In particular, success story, culture, and market are the 3 factors that have the strongest correlation to the performance result of the business in the context of the early stages of the innovative startup ecosystem in Tien Giang province
Article Details
Keywords
Ecosystem structure, Innovation, Startup Ecosystem
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