Prioritizing Factors Affecting on innovation of Target Firms from VCs perspective

Document Type : Research Paper

Authors

1 MSc. Student, Faculty of Finance, Kharazmi University, Tehran, Iran.

2 Assistant prof., Faculty of Finance, Kharazmi University, Tehran, Iran

3 PhD., Faculty of Management, University of Tehran, Tehran, Iran.

Abstract

Innovation is one of the key factors for start-ups success. According to existing literature on venture capital, venture capital funds and accelerators increase innovation level of firms in which they invest. The main goal of the research is to prioritize factors affecting on innovation of target firms. The research is applied in terms of objective and is descriptive-survey in terms of data gathering. Twelve extracted factors were prioritized by paired-comparison questionnaire of DEMATEL method. The Questionnaire filled out by 12 experts in VCs, accelerators’ advisors and coaches and experts of Iran’s VC society. The experts have been chosen by purposive sampling method. Finally, providing valuable information about related industry, cooperation and connection with players of related industry, informing about the existing threats and opportunities, are respectively labelled as the most important factors.

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References

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