scholarly journals Key Criteria and Competences Defining the Sustainability of Start-Up Teams and Projects in the Incubation and Acceleration Phase

2019 ◽  
Vol 11 (23) ◽  
pp. 6720 ◽  
Author(s):  
Monika Hudáková ◽  
Hana Urbancová ◽  
Lucie Vnoučková
Keyword(s):  
Resource Planning ◽  
Business Leaders ◽  
Chi Square ◽  
Use Of Resources ◽  
Raising Awareness ◽  
Start Up ◽  
New Business ◽  
Chi Square Test ◽  
Questionnaire Research ◽  
Start Ups

This study investigates and identifies crucial and efficient competencies of start-up founders and new business leaders, together with the identification of crucial support provided by accelerator programs. These competencies are necessary as individuals and businesses increasingly focus on innovations, industry 4.0, and technologies. This requires an innovative set of entrepreneurs´ competencies to move businesses to the next level. The study gathered data by means of a quantitative questionnaire research and interviews conducted among start-up projects in accelerator programs over the past three years (2017–2019). In total, 158 start-ups were surveyed, and 38 successful teams were interviewed during this period. To analyze results, content analysis was used and Pearson’s chi-square test and the association test were employed using descriptive and two-dimensional statistics tools. The results identified key success criteria and competencies of successful start-up teams. These include knowledge of the ecosystem, resource planning and use, an ability to move from the initial stages, awareness of communication methods, and lobbying. Our findings are that key activities leading to the acceleration of projects are raising awareness among the target group, furthering the development of contacts, facilitating more efficient use of resources, and enabling the identification of barriers to the next phase of development and ways to remove them. The results may inspire other researchers to conduct studies under other conditions to further identify and understand these entrepreneurial competencies.

“Entrepreneurship Training and Start-up Behaviour- An exploratory Study”

2019 ◽  
Vol 118 (9) ◽  
pp. 61-72
Author(s):  
MuhammedSajjad. A
Keyword(s):  
Exploratory Study ◽  
Entrepreneurial Intention ◽  
Chi Square ◽  
Entrepreneurship Training ◽  
Open Questions ◽  
Start Up ◽  
Chi Square Test ◽  
Convenience Sampling ◽  
Analyse Data ◽  
Start Ups

Entrepreneurship and entrepreneur are some of the widely used words nowadays. Studies have found out that entrepreneurship training increases the entrepreneurial intention in a positive way. This is an exploratory study on founders of start-ups at Maker Village (a technology start-up incubator) at Kalamassery Kerala to find out whether the entrepreneurs have undergone any entrepreneurship training before starting the enterprise and also during the start-up phase and whether such training/ education has any impact on their start-up behaviour. A questionnaire containing 38 multiple choice close ended questions and one open questions were given to the start-ups and 36 valid questionnaires were received in response. Convenience sampling was used for the study.Percentage analysis was done to analyse data, correlation analysis and Chi-square test were also done to validate the results.The study has found out that most of the founders of hi-tech start-ups in maker village Kerala had undergone some training or workshop in entrepreneurship before the start-up phase and during the start-up phase and agree that it had helped them in understanding the business and pursuing their current business respectively.So, the study highlights the importance of entrepreneurship training for budding entrepreneurs even in hi-tech start-ups.

scholarly journals COMMERCIAL BANKS AND THEIR EFFECT ON SMALL AND MEDIUM ENTERPRISES FINANCING IN RWANDA: A CASE STUDY OF KIGALI CITY AND SOUTHERN PROVINCE

AGROFOR ◽  
2021 ◽  
Vol 6 (1) ◽  
Author(s):  
Mutamuliza EULARIE ◽  
Giramata AURORE
Keyword(s):  
Financial Services ◽  
Commercial Banks ◽  
Small And Medium Enterprises ◽  
Financial Industry ◽  
Chi Square ◽  
Southern Province ◽  
Start Up ◽  
Chi Square Test ◽  
The Government ◽  
Medium Enterprises

Commercial Banks worldwide are identified to be one of the key players in the financial industry that have positively affected individuals involved in business, and the economy at large, through the functions they perform in the economy. However, inadequate financing in the activities of Small and Medium Enterprises (SMEs) is still the major constraint faced by people involved in business activities. Even though the Government of Rwanda has made effort to improve the accessibility to credit, entrepreneurs still have some challenges to access financial services in order to improve their businesses. The purpose of this research was to assess the contribution of commercial banks in financing SMEs in Rwanda. A sample of 60 SMEs was selected in Kigali and Southern Province of Rwanda. Data was collected from the respondents through a structured questionnaire. The collected data were analyzed using descriptive statistics such as frequencies and percentage distributions. A Pearson Chi-Square Test was used to analyze the relationship between commercial banks and SMEs in Rwanda. The results indicated that the main purposes of loan application were start-up capital, working capital and expansion of businesses. The results also revealed that there was positive relationship between commercial banks and SMEs in Rwanda. The results revealed as well, that commercial banks in Rwanda played a crucial role in contribution to SME’s economic development and small and medium entrepreneurs who got credit from commercial banks expanded their businesses and increased their income.

Targeted Support for High-Growth Start-ups: Some Policy Issues

10.1068/c0049 ◽  
2002 ◽  
Vol 20 (2) ◽  
pp. 195-209 ◽  
Author(s):  
David Smallbone ◽  
Robert Baldock ◽  
Steven Burgess
Keyword(s):  
High Growth ◽  
Growth Potential ◽  
Design Development ◽  
Policy Issues ◽  
The United Kingdom ◽  
Support Programme ◽  
East Midlands ◽  
Start Up ◽  
New Business ◽  
Start Ups

Launched in 1999/2000, the new high-growth start-up programme is part of a shift in small and medium-sized enterprise (SME) policy in the United Kingdom away from a narrow focus on supporting established businesses with growth potential, to include start-ups and other types of SME. In this context, the authors consider some of the policy issues surrounding the design, development, and implementation of the new programme, with the aid of results from in-depth research in the East Midlands region. After a brief description of the new enhanced support programme for high-growth start-ups, and the policy context in which it was introduced, the authors review the support needs of this type of business and how the new programme might contribute to addressing these. In the final section they consider some of the wider policy issues raised by the programme in terms of the extent to which: first, effective regional models can be developed to encourage widespread participation by appropriate private sector organisations; second, access to appropriate finance, including seedcorn and venture capital, can be increased for high-growth-potential start-ups; third, universities are able to contribute to the generation of new business activity and become integrated into regional business support infrastructures; and fourth, the enhanced support programme is tuned to the needs of the target group and is effectively delivered.

scholarly journals Hubungan Kualitas Informasi Visual Statis Pada Akun Instagram @berita_lamongan_ Dengan Minat Baca Follower

MEDIAKITA ◽  
2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Nur Aisyah, Sukma Ari Ragil Putri
Keyword(s):  
Visual Information ◽  
Survey Methods ◽  
Sampling Technique ◽  
Communication Process ◽  
Chi Square ◽  
Chi Square Test ◽  
Questionnaire Research ◽  
The Relationship ◽  
Reading Interest

This study discusses an effective communication process so that interaction and feedback are obtained from the communicant. This study aims to identify the relationship or influence of the quality of static visual information on the @berita_lamongan_ account on followers' reading interest. This research method is quantitative with explanatory survey methods and questionnaire research instruments as an alternative to data collection, so that data from respondents is collected and then analyzed. The object of the research is the Instagram account @berita_lamongan_. The research location is in Lamongan district with a population taken from followers of the @berita_lamongan_ account totaling 57.4 thousand followers. The sampling technique based on the Slovin formula obtained a sample of 100 respondents. To determine the relationship between these two variables, the researcher used the Chi-Square Test. While the questionnaire to process the test data used SPSS for Windows version 20. The grand theory used as the basis for the analysis was the Stimulus Organism Response from McQuail. a significant value of 0.000 from the Chi Square Test. So that Ho is rejected and Ha is accepted

scholarly journals Risk Taking and Start-up Capital: Exploring Gender differences in Uganda, through an International Comparison

2011 ◽  
Vol 3 (2) ◽  
pp. 83-93 ◽  
Author(s):  
Laura Orobia ◽  
Gerrit Rooks .
Keyword(s):  
Gender Differences ◽  
Empirical Research ◽  
Gender Gap ◽  
Risk Taking ◽  
Data Sets ◽  
Risk Averse ◽  
Chi Square ◽  
Policy Makers ◽  
Start Up ◽  
Start Ups

This study sought to explain the gender differences with respect to risk taking behaviour and startup capital in Uganda, comparing with other countries. The start-up capital of businesses run by females is ostensibly smaller than those run by males in Uganda and in any other country. A number of reasons have been forwarded to explain this variance. Some researchers have linked the size of start-up capital to the risk taking behaviour among other factors. However there is insufficient local or Ugandan empirical research into this difference, given that much of the empirical research are based on western data sets. Data for this study was from the Global Entrepreneurship Monitor (GEM) 2003. A causal research design was used to establish the relationship between risk taking attitude and start up capital. A comparative design was also employed to compare the findings of Uganda with other GEM countries, Chi-square tests, and a two way analysis of variances were used to analyse the data. There are gender differences with respect to risk taking behaviour across all countries under study. However, the gender gap is wider in other countries than Uganda. On the whole, Uganda women are less risk averse as compared to those in other countries. The start-up capital requirement of Ugandan men is more than their female counterparts. In addition, Ugandan men invested more personal start up capital when they are risk averse. Among other recommendations, policy makers should sensitise females about viability of business start ups and encourage women access to ownership of property.

scholarly journals SPECIAL REQUIREMENTS FOR CORPORATE COMMUNICATIONS IN GEOGRAPHICALLY DEFINED MARKETS USING THE EXAMPLE OF THE SALE OF CONSTRUCTION FINANCING IN RURAL AREAS

2019 ◽  
Vol 2 (2) ◽  
pp. 185-193
Author(s):  
Christian Enz
Keyword(s):  
Rural Areas ◽  
Mortgage Lending ◽  
The Other ◽  
Corporate Communications ◽  
Chi Square ◽  
Savings Banks ◽  
Other Hand ◽  
New Business ◽  
Interest Policy ◽  
Chi Square Test

Private mortgage lending business is an important business segment for retail banks. There are two main reasons for this. Firstly, the comparatively low risk. On the one hand, because many years of experience in this segment enable optimal risk management. On the other hand, the financed properties also provide optimum security. Due to the small size of this business segment, private construction financing was unattractive for major banks for a long time. On the other hand, this division was a core business for regional banks and savings banks. However, as a result of the banking crisis in 2007 and 2008 and the ECB’s ongoing low-interest policy, the private mortgage lending sector is now attractive to all market participants. This is reflected in fiercer competition. The importance of customer communication has therefore also increased in the advertising for new business. Since financial and personnel resources are limited, corporate communications are faced with the challenge of addressing potential customers as efficiently as possible. Communication science has already developed a number of concepts for optimal, integrated communication. These are based on average consumers. Against the background of possible regional deviations in media usage and consumer behaviour, this work explains that banks and savings banks with a regionally defined business area should set different priorities within the communications mix than suprare­gional providers. To this end, a field study was conducted in rural areas of the Nuremberg metro­politan region and analysed using a chi-square test. The study revealed the continuing importance of branches and personal advice, despite increasing digitalisation. At the same time, the necessity of closely networking stationary sales and online offers in rural areas becomes clear.

scholarly journals Black and White: Access to Capital Among Minority-Owned Start-ups

2021 ◽  
Author(s):  
Robert Fairlie ◽  
Alicia Robb ◽  
David T. Robinson
Keyword(s):  
Racial Inequality ◽  
The Novel ◽  
Black And White ◽  
Kauffman Firm Survey ◽  
Start Up ◽  
Black Entrepreneurs ◽  
New Business ◽  
Credit Scores ◽  
Start Ups ◽  
Access Data

We used confidential and restricted-access data from the Kauffman Firm Survey and matched administrative data on credit scores to explore racial disparities in access to capital for new business ventures. The novel results on racial inequality in start-up financing indicate that Black-owned start-ups start smaller and stay smaller over the entire first eight years of their existence. Black start-ups face more difficulty in raising external capital, especially external debt. We find that disparities in creditworthiness constrain Black entrepreneurs, but perceptions of treatment by banks also hold them back. Black entrepreneurs apply for loans less often than White entrepreneurs largely because they expect to be denied credit, even when they have a good credit history and in settings where strong local banks favor new business development. This paper was accepted by David Simchi-Levi, finance.

scholarly journals Growth Pattern and Trends in Startup Funding in INDIA

2019 ◽  
Vol 8 (12) ◽  
pp. 3721-3724
Keyword(s):  
Growth Pattern ◽  
Early Stage ◽  
Experimental Phase ◽  
Chi Square ◽  
Professional Qualification ◽  
Funding Sources ◽  
Start Up ◽  
Expansion Stage ◽  
Chi Square Test ◽  
Prime Objective

This paper presents the trend and growth pattern of startup ventures, their types and different stages of funding in India. The prime objective of this research was to study growth pattern of the startups and stages of funding received by these startups. The analysis has shown Indian start-up companies prefer primarily funding in four different stages, such as early stage, growth stage, expansion stage and bridge funding. The result has also shown that maximum funding was received in the expansion stage in the financial years. Bridge funding is becoming more and more prevalent, almost 10 per cent of deals. Further, it is noticed that the entrepreneurs find financial support from other funding sources, after the initial experimental phase. The results of chi-square test revealed that there is no significant association between stages of funding and level of development of startup. Further, the test also revealed no significant association between financing methods and professional qualification of promoters of startup.

scholarly journals On the Distributional Outcomes of Policy-Induced Entrepreneurial Opportunities

2021 ◽  
Vol 13 (3) ◽  
Author(s):  
Hal Wesley Snarr ◽  
Dan Friesner
Keyword(s):  
New York ◽  
Manufacturing Firms ◽  
The State ◽  
Tax Rates ◽  
Start Up ◽  
New Business ◽  
Health Related ◽  
Publicly Supported ◽  
Start Ups ◽  
Positive Effect

This analysis empirically evaluates the effectiveness of entrepreneurial policies using the number and distribution of firms as outcome variables.  The analysis occurs within the context of a natural experiment: the START-UP NY program. Implemented in 2014, START-UP NY created enterprise development zones adjacent to publicly supported universities (i.e., SUNY and CUNY campuses) within the state. New business start-ups operating within these zones, and within a specific set of technology and health-related industries received tax incentives that substantially lowered tax rates for a 5-10 year period. In 2016, the State of New York substantially altered its corporate tax structure; a policy initiative affecting firms, business owners, and households in the state simultaneously, and may also induce entrepreneurship. The results suggest that START-UP NY had a positive effect on the growth of New York's micro and small-sized firms operating in professional, scientific, and technical industries. START-UP NY also negatively affected micro-sized manufacturing firms, while positively affecting small manufacturing firms. The latter finding suggests that START-UP NY is effective in incubating micro-sized manufacturing firms that eventually grow into small manufacturing firms.

SECURE – a new business model framework for measuring start-up performance

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Tahseen Anwer Arshi ◽  
Venkoba Rao ◽  
Sardar Islam ◽  
Swapnil Morande
Keyword(s):  
Business Model ◽  
Emerging Economies ◽  
Performance Outcomes ◽  
Equation Modeling ◽  
Model Framework ◽  
Content Type ◽  
Start Up ◽  
New Business ◽  
Start Ups ◽  
The Impact

Purpose Existing business model frameworks show weak conceptual unification, a paucity of measurement focus and limitations when applied in emerging economies. The study proposes a new business model framework – “Start-up Evaluation Calculus Using Research Evidence” (SECURE). The purpose of this study is to allow the measurement of the impact of business model design on start-up performance in emerging economies. Design/methodology/approach Data collected from 713 entrepreneurs in select cities of India, Oman and the United Arab Emirates is analyzed through structural equation modeling. The study uses measurement and structural models to examine the validity of measures and additionally tests the five hypothesized relationships proposed in the study. Findings The SECURE’s components comprising desirability, marketability, feasibility, scalability and viability showed validity and reliability. They synergistically demonstrated a statistically significant effect on a mix of financial and non-financial start-up performance outcomes. An alternative structural relationship that examined the impact of SECURE on only financial performance outcomes showed a weaker model fit. The findings indicate that a business model framework is useful when its ex ante measures show a positive causal effect on the desired performance outcomes. Practical implications The scores obtained by the SECURE framework serve as an evaluative tool that informs entrepreneurs and start-ups on the readiness of their proposed, incubated or existing start-ups. Originality/value Replacing subjective judgments with objective assessment criteria, SECURE is one of the first quantitative and performance-driven business model frameworks that contain measures from all functional domains of a start-up business. Start-ups can evaluate their business models against the SECURE model’s research-driven quantitative criteria and assess their impact on start-up performance.

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