Opportunities & Challenges in Starting Software Company In Developing Countries
International Journal of Management, IT and Engineering, Volume 5, Issue 7, July 2015, pp. 201-214, ISSN: 2249-0558
14 Pages Posted: 12 May 2016
Date Written: July 10, 2015
Abstract
Starting a own software company is the dream of many entrepreneurs and information technology professionals due to high anticipated profit and low investment requirements. Due to increased new entrants and enhanced competition between many players, sustaining in software company business is more challenging than ever before. In this paper, we have discussed opportunities and challenges in starting a new software company in developing countries, and strategies to be adopted for ensuring its success in global competitive environment.
Keywords: Software Company, Opportunities for new software company, Challenges for new software company
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