Development of investability prospect score in Indonesia early stage digital startup

Rahardjo, Deny (2020) Development of investability prospect score in Indonesia early stage digital startup. Doctoral thesis, Universitas Pelita Harapan.

[thumbnail of Title] Text (Title)
Title - 2020-08-28T113540.603.pdf
Restricted to Repository staff only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (630kB)
[thumbnail of Abstract.pdf]
Preview
Text (Abstract.pdf)
Abstract.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (86kB) | Preview
[thumbnail of ToC.pdf]
Preview
Text (ToC.pdf)
ToC.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (233kB) | Preview
[thumbnail of Chapter1.pdf]
Preview
Text (Chapter1.pdf)
Chapter 1.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (317kB) | Preview
[thumbnail of Chapter2.pdf] Text (Chapter2.pdf)
Chapter 2.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (793kB)
[thumbnail of Chapter3.pdf] Text (Chapter3.pdf)
Chapter 3.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (555kB)
[thumbnail of Chapter4] Text (Chapter4)
Chapter 4 (17).pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (1MB)
[thumbnail of Chapter5.pdf] Text (Chapter5.pdf)
Chapter 5.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (213kB)
[thumbnail of Bibliography]
Preview
Text (Bibliography)
Bibliography.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (303kB) | Preview
[thumbnail of Appendices] Text (Appendices)
Appendices.pdf
Restricted to Repository staff only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (844kB)

Abstract

Startup is drawing lot of attention given the growth potential for both entrepreneurs and investors. One of the most challenging aspects in this venture is investability readiness level of the startup as it is difficult to assess the usual financial aspect such as cash flow in the initially loss-making company with no or limited financial data. The researcher developed Investability Prospect Score (IPS) based on similar approach of Altman’s Z-score by using Multiple Discriminant Analysis (MDA) method. Responses of questionnaire from a cross sectional online survey was then used to identify factors such as industry structure, product readiness, founders’ background and management structure, financial robustness and risk management; towards investment readiness in Indonesia early stage digital startups ecosystem. The contribution aspect of this article is to provide a structured approach in identifying readiness status of startup for investment. IPS model could also be used to stimulate closer interaction between government as policy maker, big companies or enterprises, investors association and venture capitals and startups’ founders. / Startup menarik banyak perhatian mengingat potensi pertumbuhan bagi wirausahawan dan investor. Salah satu aspek yang paling menantang dalam usaha ini adalah tingkat kesiapan investasi dari startup karena sulit untuk menilai aspek keuangan yang biasa seperti arus kas pada perusahaan yang awalnya merugi tanpa atau data keuangan terbatas. Peneliti mengembangkan Skor Prospek Investabilitas (IPS) berdasarkan pendekatan yang sama dari skor-Z Altman dengan menggunakan metode Analisis Diskriminan Ganda (MDA). Tanggapan kuesioner dari survei online cross sectional kemudian digunakan untuk mengidentifikasi faktor-faktor seperti struktur industri, kesiapan produk, latar belakang pendiri dan struktur manajemen, ketahanan finansial dan manajemen risiko; menuju kesiapan investasi di ekosistem startup digital tahap awal Indonesia. Aspek kontribusi artikel ini adalah memberikan pendekatan terstruktur dalam mengidentifikasi status kesiapan startup untuk berinvestasi. Model IPS juga dapat digunakan untuk mendorong interaksi yang lebih erat antara pemerintah sebagai pembuat kebijakan, perusahaan atau badan usaha besar, asosiasi investor dan modal ventura serta pendiri startup.
Item Type: Thesis (Doctoral)
Creators:
Creators
NIM
Email
ORCID
Rahardjo, Deny
NIM01617170020
denyrah@hotmail.com
UNSPECIFIED
Contributors:
Contribution
Contributors
NIDN/NIDK
Email
Thesis advisor
Sugiarto, Sugiarto
NIDN0311036401
prof.sugiarto@gmail.com
Thesis advisor
Ugut, Gracia Shinta S.
NIDN0310026504
gracia.ugut@uph.edu
Thesis advisor
Hulu, Edison
NIDN0315085902
edison.hulu@yahoo.com
Additional Information: D 617-17 RAH d
Uncontrolled Keywords: investability prospect ; startups ; digital ; innovativeness ; investment ; valuation ; risk analysis ; venture capital
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: University Subject > Current > Faculty/School - UPH Karawaci > Business School > Doctor of Management
Current > Faculty/School - UPH Karawaci > Business School > Doctor of Management
Depositing User: Users 7640 not found.
Date Deposited: 05 Sep 2020 03:26
Last Modified: 14 May 2022 06:09
URI: http://repository.uph.edu/id/eprint/10391

Actions (login required)

View Item
View Item