Identifying Factors Affecting the Valuation of Technology-Based Startups in Mashhad
hamid Heydarizad
1
(
M A Business Administration, Faculty of Administrative Sciences, Imam Reza International University, Mashhad, Iran
)
Amir Ghafourian Shagerdi
2
(
Associate Professor of Accounting Department, Faculty of Administrative Sciences, Imam Reza International University, Mashhad, Iran
)
omid behboodi
3
(
Assistant Professor of Management, Attar Institute of Higher Education of Mashhad
)
Keywords: Valuation, Startup, Technology, Delphi Analysis,
Abstract :
The aim of the current research is to identify the factors affecting the valuation of technology-based startups in the city of Mashhad. The current research is applied in terms of purpose and qualitative method in terms of type, which was done with Delphi model. The population and statistical sample of 20 professors and experts with management expertise and active in the field of start-ups were selected by purposeful sampling. The research tool was a Delphi questionnaire, whose validity was also checked and confirmed. The Delphi pattern analysis method was also used to analyze the data. At first, by studying the sources of 50 components in 8 key dimensions (having expert management, the necessary knowledge and expertise of human resources, technological infrastructure and practical applications, information security in the startup network, financial and legal support, financial and economic and market position) as factors Effective on the valuation of technology-based startups, During three Delphi stages, 45 factors finally reached the consensus of the experts and were prioritized. The most important factors affecting the valuation of technology-based startups in Mashhad include the bargaining power of customers, flexibility in technology and technology, the use of correct data in the development of startups, the cost of reproducing technical knowledge, the combination of people with core expertise needed in the business team, location Market exclusivity, technology readiness, high market-friendly technology, use of global knowledge and information in ideation and implementation, required investment volume
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