The Vital Factors for Small and Medium Sized Sport Enterprises Start-ups

Abstract

Nowadays, the new enterprises are recognized as the main source of job creation, innovation and development. In today's business world, new enterprises are recognized as an important source of job creation, innovation and development. Therefore, identifying influencing factors that play key roles in the start-up of Small and Medium Sized Enterprises (SMEs) is critical. Thus, the purpose of this study was to identify critical factors for starting-up Small and Medium sized Sport Enterprises (SMSEs) companies whose business is sport and developing a conceptual model that might be used by entrepreneurs in sport business. The methodology was qualitative. Interviews were conducted with 18 individuals, selected through purposive sampling, involved in sport-related SMEs. After a careful investigation of enterprise start-up models in the literature, and based on the results of experts interviews, an integrated approach was indicated as popular models were used by SMEs scholars. Then, a model was proposed in line with integration approach.The conceptual model is based on the integrative approach and shows that three important categories of factors were indicated: Individual; 2.individual factors; Environmental; and 3.environmental factors; and Financial factors.financial factors. It should be mentioned that these factors were constitude of subdimentiones.

Lucrative Startups Screening for Seed Accelerators: A Data-Driven Selection Criteria Pipeline

“…As demonstrated in Figure 19, the performance of the model was hurt the most when the Team Competency feature set was dropped, which proves that this feature set has the highest prediction power among all three feature sets. This is also aligned with previous studies (e.g., Azimzadeh et al, 2013;Muñoz-Bullon et al 2015) that emphasize the significant effect of the founding team on the success of a startup. Removing the Team Competency feature set caused the AUC and F1 scores of the model to drop to 0.695 and 0.149, respectively.…”

Towards a new framework for SMEs success: a literature review

“…Many researchers also highlight the role of government in facilitating entrepreneurial activity and creating new enterprises (Azimzadeh et al, 2013;Calcagnini and Favaretto, 2012;Fini et al, 2009;McPhee, 2000;Schwarz et al, 2009;Smith, 2008). The Global Entrepreneurship Monitor (GEM) further recognises government policies and support as very important factors that impact on national entrepreneurial activity (Amoros et al, 2013;Levie et al, 2014).…”

“…This model is a well-established analytical tool for depicting the business environment's influences and trends and uncovering industry specific factors (Azimzadeh et al, 2013;Dobbs and Hamilton, 2007;Hawawini et al, 2002;Mazzarol et al, 1999;Ostadzadeh, 2003). Therefore, political, economic, socio-cultural, technological, legal and regulatory and ecological and environmental are the main aspects of the business environment impinging upon SMEs success.…”

Relationship between Entrepreneurial Factors and Small Agro-enterprises’ Success: Evidence from Bhutan

“…They improve nation's economy, particularly in the developing countries [2]. Studies acknowledged SMEs for generating employment opportunities, innovation, and economic growth [3,4]. Enterprise development alleviates poverty in many countries [5] and scholars regarded SMEs as the economic backbone of the country [6].…”