Determinants affecting start-up funding: evidence from Greece Online publication date: Mon, 12-Dec-2022
by Christos Ziakis; Maro Vlachopoulou; Konstantinos Fouskas
International Journal of Technology Transfer and Commercialisation (IJTTC), Vol. 19, No. 4, 2022
Abstract: Start-up funding has been identified as a significant factor determining operational viability. Since start-up viability is ethnocentric and culture-specific, the factors that propel sufficient funding vary significantly between different countries. This research aims to examine the implications of each determinant of funding and to identify any similarities in characteristics shared by start-ups funded by similar sources. A literature review was conducted to assess the diverse categories of start-up funding and the factors influencing it. Moreover, 240 start-ups founded by Greek start-uppers were surveyed. According to the results, information and communications technology (ICT) related start-ups with intellectual properties, a complete business plan, and tax residency outside of Greece were more likely to receive funding from venture capitals. The study's findings have significant implications for policymakers who wish to develop a national entrepreneurship strategy that will actively enhance entrepreneurial actions and can lead to national economic growth.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Transfer and Commercialisation (IJTTC):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com