The German Venture Investors' Perspective on Success Factors of Digital Start-ups: A Mixed-Methods Approach.
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In: International Journal of Business and Management (IJBM), Vol. 17, No. 5, 05.2022, p. 1-12.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - The German Venture Investors' Perspective on Success Factors of Digital Start-ups: A Mixed-Methods Approach.
AU - Schumacher, Nina
PY - 2022/5
Y1 - 2022/5
N2 - This study examines the perspective of German venture investors on the success factors of digital start-ups at the micro- (entrepreneurial personality), macro- (contextual factors), and meso- (business model) levels and derivesan integrated, evidence-based working model of entrepreneurial success. This study follows a mixed-methods design, using theory-driven semi-structured expert interviews to collect quantitative and qualitative data.Triangulation of the data ensures that the results are unbiased. The study shows that the business model and single components of the business model are the least relevant success factors of digital start-ups from the perspective ofGerman venture capitalists. Moreover, this study has some evidence of the relevance of venture capital availability as a contextual factor. Instead, the results show, in line with the literature, that personality factors in general andteam leadership skills, in particular, seem to have a significant impact on the success of digital start-ups from the perspective of German venture capitalists.
AB - This study examines the perspective of German venture investors on the success factors of digital start-ups at the micro- (entrepreneurial personality), macro- (contextual factors), and meso- (business model) levels and derivesan integrated, evidence-based working model of entrepreneurial success. This study follows a mixed-methods design, using theory-driven semi-structured expert interviews to collect quantitative and qualitative data.Triangulation of the data ensures that the results are unbiased. The study shows that the business model and single components of the business model are the least relevant success factors of digital start-ups from the perspective ofGerman venture capitalists. Moreover, this study has some evidence of the relevance of venture capital availability as a contextual factor. Instead, the results show, in line with the literature, that personality factors in general andteam leadership skills, in particular, seem to have a significant impact on the success of digital start-ups from the perspective of German venture capitalists.
KW - Management studies
KW - Entrepreneurship
KW - digital entrepreneurship
KW - digital start-up
KW - integrated perspective
KW - success factors
KW - venture capital
KW - venture investors
UR - https://www.mendeley.com/catalogue/de93bc24-a7e4-3819-a6cf-d17934c1306b/
U2 - 10.5539/ijbm.v17n5p1
DO - 10.5539/ijbm.v17n5p1
M3 - Journal articles
VL - 17
SP - 1
EP - 12
JO - International Journal of Business and Management (IJBM)
JF - International Journal of Business and Management (IJBM)
SN - 2321-8916
IS - 5
ER -