Managing startups in a globally competitive environment: the role of venture capital in improving business process efficiency
The aim of this article is to examine the venture capital financing effect on the business process efficiency of the startups in the conditions of global competition. A panel dataset of 10 startups from 2019 to 2023 across a range of industries is analyzed in this study to explore venture capital f...
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| Format: | Article |
| Language: | English |
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University of Applied Sciences in Bielsko-Biała
2024-12-01
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| Series: | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
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| Online Access: | https://asej.eu/index.php/asej/article/view/835 |
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| _version_ | 1841526587489517568 |
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| author | Vadim Limar |
| author_facet | Vadim Limar |
| author_sort | Vadim Limar |
| collection | DOAJ |
| description |
The aim of this article is to examine the venture capital financing effect on the business process efficiency of the startups in the conditions of global competition. A panel dataset of 10 startups from 2019 to 2023 across a range of industries is analyzed in this study to explore venture capital funding impact on efficiency through global market exposure, innovation intensity and strategic resource allocation. The results finally demonstrate that startups with management teams that have their previous experience managing venture capital funding source are more efficient in their use of the money. These companies are outperforming their sectors both on revenue per employee and long-term competitiveness by making more effective use of resources on topics such as research and development, marketing and operational scalability.
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| format | Article |
| id | doaj-art-9feb144f74b84dcaa8ef715c1ee694fe |
| institution | Kabale University |
| issn | 2543-9103 2543-411X |
| language | English |
| publishDate | 2024-12-01 |
| publisher | University of Applied Sciences in Bielsko-Biała |
| record_format | Article |
| series | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
| spelling | doaj-art-9feb144f74b84dcaa8ef715c1ee694fe2025-01-16T16:00:53ZengUniversity of Applied Sciences in Bielsko-BiałaZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2024-12-0128410.19192/wsfip.sj4.2024.5Managing startups in a globally competitive environment: the role of venture capital in improving business process efficiencyVadim Limar0SADE x Berkeley Haas, Bringo Inc The aim of this article is to examine the venture capital financing effect on the business process efficiency of the startups in the conditions of global competition. A panel dataset of 10 startups from 2019 to 2023 across a range of industries is analyzed in this study to explore venture capital funding impact on efficiency through global market exposure, innovation intensity and strategic resource allocation. The results finally demonstrate that startups with management teams that have their previous experience managing venture capital funding source are more efficient in their use of the money. These companies are outperforming their sectors both on revenue per employee and long-term competitiveness by making more effective use of resources on topics such as research and development, marketing and operational scalability. https://asej.eu/index.php/asej/article/view/835venture capitalbusiness process efficiencyresource allocation |
| spellingShingle | Vadim Limar Managing startups in a globally competitive environment: the role of venture capital in improving business process efficiency Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej venture capital business process efficiency resource allocation |
| title | Managing startups in a globally competitive environment: the role of venture capital in improving business process efficiency |
| title_full | Managing startups in a globally competitive environment: the role of venture capital in improving business process efficiency |
| title_fullStr | Managing startups in a globally competitive environment: the role of venture capital in improving business process efficiency |
| title_full_unstemmed | Managing startups in a globally competitive environment: the role of venture capital in improving business process efficiency |
| title_short | Managing startups in a globally competitive environment: the role of venture capital in improving business process efficiency |
| title_sort | managing startups in a globally competitive environment the role of venture capital in improving business process efficiency |
| topic | venture capital business process efficiency resource allocation |
| url | https://asej.eu/index.php/asej/article/view/835 |
| work_keys_str_mv | AT vadimlimar managingstartupsinagloballycompetitiveenvironmenttheroleofventurecapitalinimprovingbusinessprocessefficiency |