Nr.

Challenges of German Start-ups:

Model Fit

Pseudo R-Quadrat*

Likelihood-Ratio-Test

Significance

From

To

(Adjusted) develop. phase

Industry

Business Model

Team Member

1

Ensuring market demand/potential or meeting customer needs

0.104

0.265

0.596

0.486

0.081

0.045

0.614

2

Establishing appropriate financial planning/coverage of capital requirements

0.001

0.350

0.725

0.001

0.001

0.001

0.012

3

Avoiding errors in product and concept development

0.002

0.340

0.678

0.002

0.183

0.001

0.427

4

Managing and supplying the production process

0.001

0.348

0.705

0.001

0.001

0.394

0.001

5

Recruiting and retaining new employees

0.009

0.287

0.644

0.006

0.377

0.153

0.750

6

Flexible scalability across all business areas

0.395

0.232

0.547

0.476

0.126

0.352

0.177

7

Strategic alignment of the business model

0.015

0.310

0.644

0.013

0.141

0.257

0.576

8

Asserting against strong competitors

0.020

0.298

0.636

0.517

0.002

0.002

0.228

9

Sustainable pricing and cost calculation as well as profitability

0.012

0.292

0.641

0.004

0.254

0.251

0.025

10

Establishing an effective sales strategy and maintaining customer relationships

0.157

0.242

0.580

0.999

0.839

0.786

0.999

11

Building an effective and impactful marketing strategy

0.039

0.270

0.617

0.011

0.429

0.009

0.551

12

Addressing discrepancies, disagreements within the founding team, and personal reasons

0.107

0.289

0.603

0.172

0.743

0.047

0.210

13

Internal team communication and coordination

0.060

0.287

0.614

0.107

0.103

0.666

0.176

14

Constraints imposed by national and international legislation/policy

0.512

0.040

0.124

0.137

0.532

0.721

0.995

15

Difficulties in choosing a location

0.073

0.065

0.164

0.055

0.252

0.028

0.998