Erfolgsdeterminanten von Start-ups am Beispiel von PropTechs in der DACH-Region
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Erfolgsdeterminanten von Start-ups am Beispiel von PropTechs in der DACH-Region
Gauger, Felix | Pfnür, Andreas
ZfKE – Zeitschrift für KMU und Entrepreneurship, Vol. 70 (2022), Iss. 1 : pp. 23–49
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Dr. Felix Gauger, Technische Universität Darmstadt, Fachgebiet Immobilienwirtschaft und Baubetriebswirtschaftslehre, Hochschulstraße 1, 64289 Darmstadt, Deutschland.
Prof. Dr. Andreas Pfnür, Technische Universität Darmstadt, Fachgebiet Immobilienwirtschaft und Baubetriebswirtschaftslehre, Hochschulstraße 1, 64289 Darmstadt, Deutschland.
Cited By
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Factors influencing investment into PropTech and FinTech – only new rules or a new game?
Kassner, Andreas Joel
Journal of European Real Estate Research, Vol. 17 (2024), Iss. 3 P.395
https://doi.org/10.1108/JERER-04-2023-0011 [Citations: 0]
References
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Google Scholar -
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Google Scholar -
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Google Scholar -
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Google Scholar -
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Google Scholar -
Fisch, C. (2019): Initial coin offerings (ICOs) to finance new ventures, in: Journal of Business Venturing, 34(1), 1–22.
Google Scholar -
Fischer, E. und Reuber, A. R. (2011): Social interaction via new social media: (How) can interactions on Twitter affect effectual thinking and behavior?, in: Journal of Business Venturing, 26(1), 1–18.
Google Scholar -
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Google Scholar -
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Google Scholar -
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Google Scholar -
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Google Scholar -
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Google Scholar -
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Google Scholar -
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Google Scholar -
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Google Scholar -
Gundolf, K., Géraudel, M. und Cesinger, B. (2019): Innovationen, Wachstumsabsicht und Umsatzwachstum neuer Unternehmen, in: ZfKE – Zeitschrift für KMU und Entrepreneurship, 67(4), 235–256.
Google Scholar -
Hackober, C. und Bock, C. (2021): Which investors’ characteristics are beneficial for initial coin offerings? Evidence from blockchain technology-based firms, in: Journal of Business Economics.
Google Scholar -
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Google Scholar -
Kaminski, J., Hopp, C. und Tykvová, T. (2019): New technology assessment in entrepreneurial financing – Does crowdfunding predict venture capital investments?, in: Technological Forecasting and Social Change, 139, 287–302.
Google Scholar -
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Google Scholar -
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Google Scholar -
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Abstract
Success determinants of start-ups using the example of PropTechs in the DACH region
This study introduces PropTechs to the entrepreneurial literature. Real estate start-ups have recently seen high levels of investment from venture capital and have significant potential in the nascent digitization of the real estate industry. Little is known about their dynamics so far. This study provides an overview of the German-speaking PropTech market and examines their success determinants. The results show that some factors are similar to those of other start-ups in entrepreneurship and corporate finance literature, while others are specific to the PropTech context. In particular, the role of the founder’s digital networking (operationalized as LinkedIn contacts) appears to have a high impact on funding and employment, while the founder’s education level and heterogeneity of the founding team are not related to firm success. The findings help founders in the process of growth and reduce uncertainty for investors to make an informed financing decision.
Table of Contents
Section Title | Page | Action | Price |
---|---|---|---|
Felix Gauger / Andreas Pfnür: Erfolgsdeterminanten von Start-ups am Beispiel von PropTechs in der DACH-Region | 1 | ||
Zusammenfassung | 1 | ||
Abstract | 2 | ||
I. Einleitung | 2 | ||
II. Erfolgsfaktoren und das unternehmerische Ökosystem | 5 | ||
1. Humankapital und der Einfluss der Gründer auf den Erfolg von PropTechs | 7 | ||
2. Der Einfluss digitaler Netzwerke auf den Erfolg von PropTechs | 8 | ||
3. Der Einfluss von externem Kapital auf den Erfolg von PropTechs | 9 | ||
4. Erfolg von PropTechs | 1 | ||
III. Daten, Variablen und Methodik | 1 | ||
1. Datensatz | 1 | ||
2. Abhängige Variablen | 1 | ||
3. Unabhängige Variablen | 1 | ||
4. Kontrollvariablen | 1 | ||
IV. Ergebnisse | 1 | ||
1. Deskriptive Analyse | 1 | ||
2. Regressionsergebnisse | 1 | ||
V. Diskussion | 1 | ||
VI. Limitierungen | 2 | ||
Literatur | 2 |