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Assessing the Growth Potential of High-Technology Start-Ups: An Exploratory Study from Hong Kong

Abstract This paper seeks to assess the growth potential of new high-technology incubated ventures through analyses of the entrepreneurial characteristics of their founders. The following two objectives are pursued: (1) to provide managers with insights regarding how the success potential of a venture could be increased, and (2) to provide a deeper understanding of how a start-up business could be nurtured on the basis of knowledge concerning the historical origins of incubation. The findings suggest that the following characteristics of the founder significantly influence the success potential of an incubated venture: entrepreneurial personality, motivation for starting the venture, managerial skills, and approach towards innovation.