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@article{189688,
author = {Y.SUDHA CHANDRA and P.Kumar Babu and T.Bindu Susmitha and J.Yasaswini},
title = {From Idea to Impact: Analyzing the Critical Success Factors in Entrepreneur-Led Joint Ventures},
journal = {International Journal of Innovative Research in Technology},
year = {2025},
volume = {12},
number = {7},
pages = {7511-7516},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=189688},
abstract = {This study examines the critical success factors that enable entrepreneur-led joint ventures to transition from initial concept to measurable impact. Through analysis of 65 entrepreneur-led joint ventures and in-depth case studies of 12 partnerships, this research identifies key determinants of success across the venture lifecycle—from formation through implementation to outcome achievement. Findings reveal that successful entrepreneur-led joint ventures are distinguished by six critical factors: strategic alignment between partners, complementary resource contributions, balanced governance structures, cultural compatibility, effective knowledge integration, and adaptive capability. Notably, 73% of successful ventures demonstrated strong performance across all six factors, while only 18% of failed ventures exhibited this comprehensive strength. The study contributes a lifecycle-based success framework and provides actionable guidance for entrepreneurs, corporate partners, and venture advisors seeking to maximize joint venture effectiveness and impact.},
keywords = {Critical success factors, Entrepreneur-led ventures, Joint venture performance, Partnership strategy, Success determinants, Venture lifecycle},
month = {December},
}
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