Understanding the Success of Sharing Economy Startups: A Necessary Condition Analysis

dc.contributor.authorBui, Q. Neo
dc.contributor.authorBui, Son
dc.date.accessioned2021-12-24T17:59:20Z
dc.date.available2021-12-24T17:59:20Z
dc.date.issued2022-01-04
dc.description.abstractSharing economy businesses such as Uber and AirBnB have disrupted the traditional business models and drawn considerable attention from researchers. While many sharing economy startups are found, a majority of them go unnoticed and fail to reach a critical mass for survival. Prior studies have mostly focused on consumer engagement as success factors for sharing economy businesses. Yet, there is a scarcity of research on success factors at the entry level of sharing economy businesses, namely, the fundraising rounds. This study uses a Necessary Condition Analysis (NCA) on 99 sharing economy startups to explore how human capital, innovativeness, and entrepreneurial footprint impact their fundraising success. Our findings show a large necessary effect for human capital and entrepreneurial footprint, and a medium effect for innovativeness on fundraising success. Additionally, firms only need a range of 30% to 40% level of three factors to achieve at least 40% level of fundraising success.
dc.format.extent9 pages
dc.identifier.doi10.24251/HICSS.2022.542
dc.identifier.isbn978-0-9981331-5-7
dc.identifier.urihttp://hdl.handle.net/10125/79879
dc.language.isoeng
dc.relation.ispartofProceedings of the 55th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectCrowd-based Platforms
dc.subjectentrepreneurial footprint
dc.subjectinnovativeness
dc.subjectnecessary condition analysis
dc.subjectsharing economy startup
dc.subjectsocial capital
dc.titleUnderstanding the Success of Sharing Economy Startups: A Necessary Condition Analysis
dc.type.dcmitext

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