Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)

<Previous Article In Volume
Next Article In Volume>

Investor Type and Innovative Performance: Regional Characteristics as a Moderating Variable

Authors
Suci Lestari Hakam1, *, Agus Rahayu1, Lili Adi Wibowo1, Muhamad Adhi Nugroho2
1Universitas Pendidikan Indonesia, Bandung, Indonesia
2General of Taxes, Ministry of Finance, Jakarta, Republic of Indonesia
*Corresponding author. Email: sucilestarihakam@gmail.com
Corresponding Author
Suci Lestari Hakam
Available Online 29 September 2023.
DOI
10.2991/978-94-6463-234-7_172How to use a DOI?
Keywords
Start-up; Investor Type; Venture Capital; Regional Characteristic; Incubator; Accelerator; Angel; Innovative Performance
Abstract

Start-ups require external investment to accelerate growth and scale up their businesses. Many works of literature discussed the types of investors and their influence on start-up innovation performance. However, previous literature neglected the influence of the regional characteristics of each start-up. This regional characteristic is significant as a moderating factor for start-ups with high dependency on technologies because of the protection of property rights. To fill the gap, this study investigated the impact of investor type on innovation performance by distinguishing regional characteristics as an essential factor in improving start-ups’ innovation performance. In measuring the innovation performance of a start-up, this study used intellectual property rights that consisted of a number of effective patent and trademark registered. From the Crunchbase database, this study employed 5,172 enterprise-level data of start-ups. Using systematic random sampling, 358 data were acquired to test the hypotheses. The regression results showed that the investor type (incubator, accelerator, angel, and venture capital) significantly promoted innovative performance. In addition, the result showed a more significant impact on the regional characteristic with higher protection of property rights.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
29 September 2023
ISBN
978-94-6463-234-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-234-7_172How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Suci Lestari Hakam
AU  - Agus Rahayu
AU  - Lili Adi Wibowo
AU  - Muhamad Adhi Nugroho
PY  - 2023
DA  - 2023/09/29
TI  - Investor Type and Innovative Performance: Regional Characteristics as a Moderating Variable
BT  - Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
PB  - Atlantis Press
SP  - 1642
EP  - 1652
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-234-7_172
DO  - 10.2991/978-94-6463-234-7_172
ID  - Hakam2023
ER  -