High-Tech Start-Ups Performance and Competitiveness: A Hybrid Systematic Literature Review and Future Agenda
摘要
Technological innovations and digitalisation have made high-tech start-ups increasingly relevant and significant in the contemporary, rapidly evolving entrepreneurial environment. High-tech start-ups use cutting-edge technology to enhance competitiveness and flexibility, achieving success in resource-constrained, rapidly changing environments. Although extensive literature on high-tech start-ups is available, it is fragmented and lacks a coherent theoretical framework. This study explores the key factors that influence high-tech start-up performance and competitiveness. This study thoroughly reviews 131 journal articles from 2000 to 2024 from the Scopus database to address the gap. The study utilises bibliometric analysis to evaluate performance metrics by identifying key trends in high-tech start-up’s performance. The research employs the theory, context, characteristics, and methodology (TCCM) framework to evaluate the selected articles systematically and suggest future research pathways. This study employs the dynamic capability theory to examine high-tech start-up performance, highlighting the importance of resources and capabilities in improving performance competitiveness. The findings present a theoretical framework for investor decisions, regulatory frameworks, and future studies. Future researchers may include additional factors based on specific geography and evaluate the theoretical model with primary data and case studies. This could improve high-tech startup performance and competitiveness through practical applications.