Success Factors of the Implementation of Crowdfunding for Start-Ups

2020 ◽  
Vol 12 (4) ◽  
pp. 89-105
Author(s):  
Kennedy D. Gunawardana
Keyword(s):  
Sri Lanka ◽  
Conceptual Framework ◽  
Success Factors ◽  
Recent Literature ◽  
Factors Affecting ◽  
Web Presence ◽  
Start Ups ◽  
Seed Money

There are number of challenges which are faced in implementing crowdfunding in Sri Lanka. Crowdfunding platforms in Sri Lanka are being used to gather funds, mainly for charities and to find seed money for startups. This study focuses on finding success factors affecting the implementation of the crowdfunding projects which are hosted to gather capital for startups. The study contains a proposed conceptual framework developed by reading recent literature with the facts contributing to the success of startups through crowdfunding and analyzing information gathered from experts in Sri Lanka. Variables namely web presence, investors, crowdfunding team, goal and rewards were analyzed together with the success of funding startups via crowdfunding Finally, all the variables except web presence indicated significant towards the success of funding startups via crowdfunding.

scholarly journals Factors Affecting Scholarly Practices in Private Higher Education Institutes in Sri Lanka: A Conceptual Framework

2021 ◽  
pp. 22-34
Author(s):  
Wasantha Rajapakshe
Keyword(s):  
Higher Education ◽  
Sri Lanka ◽  
Conceptual Framework ◽  
Higher Education Policy ◽  
Foreign Currency ◽  
National Level ◽  
Secondary Data ◽  
Private Higher Education ◽  
Factors Affecting ◽  
The University

Over the years, entering a university has been increasingly competitive which have triggered many problems with regard to the higher education sector in Sri Lanka. To overcome this crisis on university entrance, since 1978, the University Grants Commission of Sri Lanka, the apex body of the University System in Sri Lanka granted permission to the private sector to award degrees as an integral part of the higher education policy.  The objective of this policy was to minimize the foreign currency outflow incurred on overseas education and support the needy students to get admission for higher education at the national level. However, it has been identified that most of these institutes consider enhancements of quantity rather than development of quality which can facilitate academicians' scholarly achievements. It is observed that research and innovation in local private Higher Education Institutes (HEIs) are far behind the country's requirements. The purpose of this study is to determine the factors affecting scholarly practices in private HEIs in Sri Lanka. After reviewing the literature, a conceptual framework and twelve testable hypotheses were developed for this study. This study uses secondary data to identify determinant factors. Accordingly, environmental stimulus, perceived organizational culture stimulus and the psychological stimulus were selected as important determents which can directly as well as indirectly mediate with stress and happiness to enhance the performance of academicians, concerning the scholarly practices in private HEIs.

Critical factors affecting students’ satisfaction with higher education in Sri Lanka

2018 ◽  
Vol 26 (1) ◽  
pp. 115-130 ◽  
Author(s):  
I.M.S. Weerasinghe ◽  
R.L.S. Fernando
Keyword(s):  
Higher Education ◽  
Sri Lanka ◽  
Conceptual Framework ◽  
Student Satisfaction ◽  
Degree Program ◽  
State Universities ◽  
Critical Factors ◽  
Content Type ◽  
Factors Affecting

Purpose The purpose of this study is to explain critical factors affecting student satisfaction levels in selected state universities in Sri Lanka. Design/methodology/approach The study has applied an quantitative survey design guided by six hypotheses. A conceptual framework has been developed to address the research questions on the basis of a literature review. The study is based on an undergraduate sample from four state universities, and it presents results of factor analytics and correlational and regression analyses. Findings Evidence to support construct validity and reliability of all survey-based scales measuring the key variables has been found. The quality of the academic staff, university facilities, degree program, administrative staff, university location and university image have been correlated significantly with student satisfaction levels measured at 0.45, 0.47, 0.51, 0.31, 0.39 and 0.66, respectively. The statistically significant predictors are: the quality of university facilities, the quality of the degree program and the university image, with the image being the strongest predictor. Practical implications The study offers a conceptual framework to guide future research and validated scales for measuring student satisfaction levels in a national higher education system in a developing region that is aspiring toward a knowledge-based economy where tertiary education is free. Five recommendations are provided for policymakers. Originality/value Research shows high variabilities in the models used and the findings of studies on factors affecting student satisfaction levels in universities. The study is among the first large-scale studies of student satisfaction levels in the Sri Lankan state university system, where little data exist on why students are dissatisfied and fail to complete their degrees.

scholarly journals A Conceptual Framework on The Successful Adoption of Project Management Methodologies in Ghana

2020 ◽  
Vol 10 ◽  
pp. 409-422
Author(s):  
Ivy Hawah Taana
Keyword(s):  
Project Management ◽  
Conceptual Framework ◽  
Success Factors ◽  
Project Success ◽  
Primary Concern ◽  
Maturity Model ◽  
Successful Completion ◽  
Factors Affecting ◽  
Capability Maturity ◽  
Private Organization

The successful completion of every project whether undertaken by a public or private organization is of primary concern to many institutions. However, literature has confirmed that most project success depends on adhering to good practices and are keenly documented in Project Management Methodologies (PMMs). It is a fact that many projects do not see successful completion as most of them are long overdue, faced with budget overruns and even some are abandoned. The purpose of this study is to explore the factors that influence the Adoption of Project Management Methodology in Ghana. This is motivated by the dearth of academic literature concerning the successful adoption of Project Management Methodologies in Ghana. The study will also examine if the Adoption of Project Management Methodologies leads to project success. To achieve these aims, a conceptual framework was developed grounded on the Critical Success Factors (CSFs), the Capability Maturity Model (CMM) theory, and the Stakeholder theory. Four independent variables, a mediator and a moderator were hypothesized for the establishment of the success factors affecting Project Management Methodologies adoption and if the Project Management Methodology adoption leads to project success.  

scholarly journals Circular Bioeconomy Business Models to Overcome the Valley of Death. A Systematic Statistical Analysis of Studies and Projects in Emerging Bio-Based Technologies and Trends Linked to the SME Instrument Support

2021 ◽  
Vol 13 (4) ◽  
pp. 1899
Author(s):  
Fabiana Gatto ◽  
Ilaria Re
Keyword(s):  
Circular Economy ◽  
Success Factors ◽  
Business Models ◽  
Raw Materials ◽  
Action Plan ◽  
Future Perspective ◽  
The European Union ◽  
Strategic Orientations ◽  
Start Ups ◽  
Valley Of Death

Reducing the environmental pressure along the products life cycle, increasing efficiency in the consumption of resources and use of renewable raw materials, and shifting the economic system toward a circular and a climate-neutral model represent the heart of the current macro-trends of the European Union (EU) policy agendas. The circular economy and bioeconomy concepts introduced in the EU’s Circular Economy Action Plan and the Bioeconomy Strategy support innovation in rethinking economic systems focusing on market uptaking of greener solutions based on less-intensive resource consumption. In recent decades, industrial research has devoted enormous investments to demonstrate sustainable circular bio-based business models capable of overcoming the “Valley of Death” through alternative strategic orientations of “technological-push” and “market-pull”. The study highlights industrial research’s evolution on bio-based circular business model validation, trends, and topics with particular attention to the empowering capacity of start-ups and small and medium-sized enterprises (SMEs) to close the loops in renewable biological use and reduce dependence on fossil fuels. The research methodology involves a bibliographic search based on the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) approach and the European Innovation Council (EIC) Accelerator Data Hub investigation to understand SMEs’ key success factors and start-ups of the circular bioeconomy sector. Eco and bio-based materials, nutraceuticals, and microalgae represent the most sustainable industry applications, leading to circular bioeconomy business models’ future perspective.

Sign in / Sign up

Export Citation Format

Share Document