Abstract
To establish a competitive
position in the era of relentless competition, the enduring secrets of venture
companies lie in continuous technological innovations and ground breaking
ideas. The categorization of strategic types and groups derived from the
strategic dimensions of venture firms is expected to provide valuable insights
for aspiring new entrants into the venture industry. This study examines the
managerial shortcomings and financial constraints faced by venture firms in
existing research, aiming to identify the core competitiveness of these firms
by scrutinizing government support for start-ups and the challenges venture companies
encounter in their interactions with large corporations. Additionally, the
research analyzes the factors contributing to the failure of venture firms and
examines the successful strategies employed by successful venture companies, endeavoring
to address various challenges and illuminate success strategies through the
perspective of successful ventures.
