Understanding the Success of Sharing Economy Startups: A Necessary Condition Analysis
dc.contributor.author | Bui, Q. Neo | |
dc.contributor.author | Bui, Son | |
dc.date.accessioned | 2021-12-24T17:59:20Z | |
dc.date.available | 2021-12-24T17:59:20Z | |
dc.date.issued | 2022-01-04 | |
dc.description.abstract | Sharing 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.extent | 9 pages | |
dc.identifier.doi | 10.24251/HICSS.2022.542 | |
dc.identifier.isbn | 978-0-9981331-5-7 | |
dc.identifier.uri | http://hdl.handle.net/10125/79879 | |
dc.language.iso | eng | |
dc.relation.ispartof | Proceedings of the 55th Hawaii International Conference on System Sciences | |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 International | |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0/ | |
dc.subject | Crowd-based Platforms | |
dc.subject | entrepreneurial footprint | |
dc.subject | innovativeness | |
dc.subject | necessary condition analysis | |
dc.subject | sharing economy startup | |
dc.subject | social capital | |
dc.title | Understanding the Success of Sharing Economy Startups: A Necessary Condition Analysis | |
dc.type.dcmi | text |
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