نوع مقاله : مقاله علمی پژوهشی
نویسندگان
1 دانشجوی دکتری، گروه حسابداری، واحد شاهرود، دانشگاه آزاد اسلامی، شاهرود ایران
2 دانشیار، گروه حسابداری، واحد شاهرود، دانشگاه آزاد اسلامی، شاهرود، ایران
3 دانشیار، گروه فیزیک، واحد شاهرود، دانشگاه آزاد اسلامی، شاهرود، ایران
4 استادیار، گروه حسابداری، واحد شاهرود، دانشگاه آزاد اسلامی، شاهرود، ایران
5 دانشیار گروه حسابداری، واحد بندرگز ،دانشگاه آزاد اسلامی ، بندرگز، ایران.
چکیده
کلیدواژهها
موضوعات
عنوان مقاله [English]
نویسندگان [English]
Purpose: The purpose of this study is to evaluate the financing drivers of capital market companies startups based on the philosophical strategies of libertarianism or metaphysics in order to develop concerned perspectives aimed at strengthening the attractiveness of investing in such businesses.
Methodology: this study, based on the nature of analysis and data collection, in terms of exploratory purpose; In terms of practical results and in terms of data type, this study is mixed. In the first part of this study, theme analysis and link matrix analysis have been used, in which 14 university experts participated in the field of financial management, and in the quantitative part, 50 managers with capital market knowledge and experience through mutual matrices and evaluation They participated to determine the scenario of the data. In this step, pairwise comparison matrices were created in the form of row "i" and column "j" in order to determine the most important drivers of financing start-ups at the level of capital market companies that by drawing the results of the matrix in the form of a MICMAC diagram, are determined two basic axes for scenario planning. Also, Delphi analysis was used to verify the theoretical consensus level from the qualitative stage to the quantitative stage. The software used in this study was MATLAB and Scenario Wizard.
Result: The results of this study, in the qualitative part, among the 12 primary studies confirmed and 6 studies of the second phase to determine the main dimensions, indicated the existence of 8 main themes to determine the causes affecting the drivers of sustainable financing of start-ups that were also confirmed in Delphi analysis. The result of the quantitative part is also 4 scenarios with explanatory statements, market leadership matrix; intelligent competition matrix; Territory Conquest Matrix and the Left behind Matrix determined to be considered as a basis for choosing the most favorable scenario in the perspectives of financing start-ups based on the philosophical strategies of libertarianism at the level of capital market companies. As a result of the quantitative part of the construction, the most important scenario related to the financing drivers of start-ups is the territory conquest scenario as the most important contextual factor, under the influence of the critical thinking strategy as the philosophical basis of the metaphysics of entrepreneurship, it can help the development of startups of capital market companies in the future.
Conclusion: The result obtained in this study states that higher technology in the development of start-ups makes it possible to imagine higher sustainability for such fledgling businesses and based on that companies have a higher capacity to gain more market share in the future. In fact, capital market companies are on the way to change the production line or start a new production unit; Supplying new products to the market or even entering international markets, according to this matrix, they should focus on technological capacities to encourage financial providers so that they do not face challenges for the development of their start-up business. In other words, the development strategy of this scenario should be a level of comprehensive thinking about the market situation of the company or the active industry in it, so that they can help startup attractions through the entrepreneurial physics approach to create more enthusiasm for financial resources.
کلیدواژهها [English]