Understanding the Success of Sharing Economy Startups: A Necessary Condition Analysis

Abstract

Sharing economy businesses such as Uber and AirBnB have disrupted the traditional business models and drawn considerable attention from researchers. While many sharing economy startups are found, a majority of them go unnoticed and fail to reach a critical mass for survival. Prior studies have mostly focused on consumer engagement as success factors for sharing economy businesses. Yet, there is a scarcity of research on success factors at the entry level of sharing economy businesses, namely, the fundraising rounds. This study uses a Necessary Condition Analysis (NCA) on 99 sharing economy startups to explore how human capital, innovativeness, and entrepreneurial footprint impact their fundraising success. Our findings show a large necessary effect for human capital and entrepreneurial footprint, and a medium effect for innovativeness on fundraising success. Additionally, firms only need a range of 30% to 40% level of three factors to achieve at least 40% level of fundraising success.

A Human Resources Management Perspective on the Complementary Relationship between the Success of the GRC Model, Employee Perception, and the Impact of This Relationship on Performance

“…2/1 Governance, Risk and Compliance Model Objectives : Accountability: The model's integration provides a comprehensive and comprehensive view of the department as a whole, as opposed to focusing on a single issue (Bui, 2023 ;(Raman & Pramod, 2017).…”

“…The governance perspective in the governance, risk, and compliance model is the process of defining the institution's strategies and objectives (Norimarna, 2021), clarifying the role of the board of directors in the institution, ensuring the credibility of the provided information, and clarifying the institution's policies, procedures, frameworks, models, and authorities. (Bui, 2023;Hendra, 2021) The researchers conclude that the administrative aspects of the governance model, risk management, and compliance with regard to governance aim to provide a clear vision regarding the roles of governance (Hendra, 2021;Norimarna, 2021), develop policies to ensure effective governance function, provide sufficient and effective tools to implement the corporate governance work charter, and raise awareness throughout institutions so that they can achieve their objectives.…”

“…By examining the relationship between the governance model, risks, and compliance to performance, the (OCEG, 2020; Bui, 2023;Vicente & Mira Da Silva,2011;Wiesche et al, 2011;Adisuria & Jayadi, 2023) concluded that the model leads to cooperation, coordination, and concerted efforts between individuals and departments within the organization, thereby enabling the following :…”

Impacto de la inteligencia artificial en la gestión de servicios de tecnología de información en una organización

“…Además, el modelo de cifrado de información se optimiza mediante la combinación de estos dos métodos. Bui et al,2023) Los sistemas de inteligencia híbrida dependen de la aportación humana para proporcionar datos de alta calidad con los que entrenar sus modelos de IA subyacentes. Sin embargo, la mayoría de los agentes tienen pocos incentivos para etiquetar sus datos, lo que reduce la calidad de los mismos y conduce a una disminución de los rendimientos de los sistemas de IA debido a las derivas conceptuales.…”