Presenting a Model for Valuing Start-up Companies in Iran's Science and Technology Parks in Line with the General Policies of Employment

Document Type : Research/Original/Regular Article

Authors

1 PhD Candidate of Entrepreneurship, Faculty of Management and Accounting, Islamic Azad University Qazvin Branch, Qazvin, Iran

2 Assistant Professor, Department of Entrepreneurship, Faculty of Entrepreneurship, University of Tehran, Tehran, Iran

3 Assistant Professor, Department of Governmental Management, Faculty of Management and Accounting, Islamic Azad University Qazvin Branch, Qazvin, Iran

4 Assistant Professor, Department of Management, Institute of Higher Education in Management and Planning, Tehran, Iran

Abstract

Employment is one of the key subjects of a society. Considering the policies of employment in the general policies of the system, preparing an effective model for the valuation of ensuring financial resources and attracting the capital of the start-up companies are the key strategies for a success business. This study aimed to identify the effective factors in the valuation of start-up companies in line with the general policies of employment. It is a practical study conducted through cross-sectional and causal survey. The research tool was questionnaire. The population of the study was start-up companies located in the science and technology park which were randomly sampled so that 168 were given the questionnaires. Data analysis was done through exploratory factor analysis and multi-variate regression, based on which six effective factors affecting start-ups were identified: 1. power and quality of the entrepreneurship group, 2. competitive edge, 3. infrastructure or appropriate context, 4. sustainability, 5. secondary market, and 6. economic and political situations. Also, the regression analysis showed that the fourth factors, that is sustainability, has the most effect on the dependent variable, after which the third factor of infrastructure or appropriate context, the fifth factor of secondary marketing, and the sixth factor of economic and political situation, the second factor of competitive edge, and the first factor of power and quality of entrepreneurship group have the most impact on valuation, respectively.

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References

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Quarterly Journal of The Macro and Strategic Policies
Volume 9, Special Issue
December 2021
Pages 186-210

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