Digital Greek start ups: an analysis of founder's perceptions

Abstract

The study examines the perceptions of I.T. Greek Start-Ups participating in Digital Greece 2018, organized by the Greek Ministry of Digital Policy, telecommunications and Media. The study examines a total of 94 I.T. Start-Up founders, using quantitative research method, with the use of structured questionnaire for primary data collection. The study offers an overview of innovation management in Greece in the form of I.T. Start-Ups, since all participating teams attended entrepreneurial education courses by participating in accelerator’s programs. Statistical Analysis revealed positive correlation between B2B start-ups and use of technology as competitive advantage, and negative correlation between B2B and founder’s feeling of success. Furthermore there are correlations between Education and development of disruptive solutions, and between education and the identification of the challenges to improve their solutions and get more customers. There is negative correlation between number of founders and Intellectual property, as well as between number of founders and creation of new markets. Finally there is positive correlation between experience and the need to secure funding. Finally, the study examines I.T. start-up founders perceptions operating in a negative macroeconomic environment, since Greece experienced a major economic decline between 2008-2018.