Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)

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Conceptual Model for Digital Startup Policy to Accelerate the Success Rate in Indonesia

Authors
Sonny Hendra Sudaryana1, *, Budisantoso Wirjodirdjo1, Agus Windharto1
1Institut Teknologi Sepuluh Nopember (ITS), Surabaya, Indonesia
*Corresponding author. Email: sonnysudaryana@gmail.com
Corresponding Author
Sonny Hendra Sudaryana
Available Online 26 June 2024.
DOI
10.2991/978-94-6463-443-3_52How to use a DOI?
Keywords
Conceptual Model; Digital Startup Success Rate; Digital Startup Policy
Abstract

Indonesia is currently one of the top five countries with the highest number of digital startups and increasing company valuations. The digital economy is largely driven by the startup ecosystem, which contributed approximately 5.7% in 2021 and is projected to reach 18% in 2030. However, the success rate of digital startups in Indonesia is low, accounting for only 1% to 5%. Therefore, there is a pressing need to increase the success rate of digital startups to spur economic growth through government policies and interventions. This research aims to develop a conceptual model for digital startup policy to enhance the success rate. This study will employ a systematic literature review (SLR) and in-depth interviews for secondary and primary data analysis, respectively. The conceptual model will be based on the factors that influence the success of digital startups in Indonesia and will consider the different stages of the digital startup life cycle (seed stage, early stage, growth stage, and expansion stage) and the three levels of analysis (micro, meso, and macro).

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
26 June 2024
ISBN
978-94-6463-443-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-443-3_52How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Sonny Hendra Sudaryana
AU  - Budisantoso Wirjodirdjo
AU  - Agus Windharto
PY  - 2024
DA  - 2024/06/26
TI  - Conceptual Model for Digital Startup Policy to Accelerate the Success Rate in Indonesia
BT  - Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
PB  - Atlantis Press
SP  - 396
EP  - 401
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-443-3_52
DO  - 10.2991/978-94-6463-443-3_52
ID  - Sudaryana2024
ER  -