The Relevance of Entrepreneurship Ecosystems for Start-up Success: A Venture Capital Perspective
Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review
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Handbook on Digital Business Ecosystems: Strategies, Platforms, Technologies, Governance and Societal Challenges. ed. / Sabine Baumann. 1. ed. Cheltenham: Edward Elgar Publishing, 2022. p. 109-125 (Research Handbooks in Business and Management series).
Research output: Contributions to collected editions/works › Contributions to collected editions/anthologies › Research › peer-review
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TY - CHAP
T1 - The Relevance of Entrepreneurship Ecosystems for Start-up Success: A Venture Capital Perspective
AU - Schumacher, Nina
N1 - Publisher Copyright: © Sabine Baumann 2022. All rights reserved.
PY - 2022/4/28
Y1 - 2022/4/28
N2 - Three-dimensional research approaches examining start-up success have become increasingly important in entrepreneurial research. These approaches integrate the micro-level perspective on the entrepreneurial personality, the meso-level perspective on the business model, and the macro-level perspective on contextual factors. This study follows this three-dimensional approach and, building on current findings, examines the factors influencing digital start-up success from a venture capital investor's perspective. The focus here is specifically on the macro level. Based on success factor weightings and a qualitative analysis of expert interviews with venture capital (VC) investors, this study shows that only two of six contextual factors are deemed to be success-relevant: human capital and finances. Moreover, VC investors perceive the overall group of context factors (entrepreneurial ecosystem factors) to be the least relevant to entrepreneurial success compared to the other two groups of factors.
AB - Three-dimensional research approaches examining start-up success have become increasingly important in entrepreneurial research. These approaches integrate the micro-level perspective on the entrepreneurial personality, the meso-level perspective on the business model, and the macro-level perspective on contextual factors. This study follows this three-dimensional approach and, building on current findings, examines the factors influencing digital start-up success from a venture capital investor's perspective. The focus here is specifically on the macro level. Based on success factor weightings and a qualitative analysis of expert interviews with venture capital (VC) investors, this study shows that only two of six contextual factors are deemed to be success-relevant: human capital and finances. Moreover, VC investors perceive the overall group of context factors (entrepreneurial ecosystem factors) to be the least relevant to entrepreneurial success compared to the other two groups of factors.
KW - Management studies
KW - Entrepreneurship
UR - https://www.e-elgar.com/shop/gbp/handbook-on-digital-business-ecosystems-9781839107184.html
UR - http://swb.bsz-bw.de/DB=2.1/SET=3/TTL=1/PRS=HOL/SHW?FRST=#999
UR - https://www.mendeley.com/catalogue/40a48cd3-f374-367d-90c4-205f0862b745/
UR - http://www.scopus.com/inward/record.url?scp=85137495070&partnerID=8YFLogxK
U2 - 10.4337/9781839107191.00015
DO - 10.4337/9781839107191.00015
M3 - Contributions to collected editions/anthologies
SN - 978-1-83910-718-4
T3 - Research Handbooks in Business and Management series
SP - 109
EP - 125
BT - Handbook on Digital Business Ecosystems
A2 - Baumann, Sabine
PB - Edward Elgar Publishing
CY - Cheltenham
ER -