Factors Influencing the Success of Early-Stage Digital Startups in Indonesia

Author: Lusa, Sofian; Rahmanita, Myrza; Inkadijaya, Rahmat
Informations
Journal2025 10th International Conference on Informatics and Computing, ICIC 2025
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages -
Publication Year2025
ISBN979-833157583-0
Source TypeScopus
Abstract
This study examines the factors influencing the success of early-stage digital startups in Indonesia using a quantitative approach. Through a survey of 150 participants from various sectors of the startup ecosystem and fuzzy-set Qualitative Comparative Analysis (fsQCA), the research identified critical factor combinations contributing to startup success. The analysis revealed that founder programs, bootstrapping (self-funding or alternative early-stage financing), and regulation and governance are the most critical factors, appearing in both high-success configurations. The first configuration (Digital Talent ∗ Founder Programs ∗ Bootstrapping ∗ Regulation) achieved 87.54% coverage with 0.957 consistency, while the second configuration (Founder Programs ∗ Incubators ∗ Product-Market Fit ∗ Bootstrapping ∗ Regulation) achieved 85.67% coverage with 0.956 consistency. These findings provide evidence-based insights for policymakers and practitioners to foster digital startup success through targeted interventions in founder development, financial support mechanisms, and regulatory frameworks. © 2025 IEEE.
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