Hierarchical model for evaluating the effectiveness of venture capital financing of Barkat Knowledge Institut

Document Type : Research Paper

Authors

1 PHD student in financial, Ilam Branch, Islamic Azad university of Ilam, Iran.

2 Assistant Professor, Department of Accounting, Ilam Branch, Islamic Azad university of Ilam, Iran.

Abstract

Subject and purpose of the article: This research was carried out with the aim of providing a hierarchical model for evaluating the effectiveness of bold financing of the Barkat Knowledge Foundation Institute.
Research method: The method of conducting this research is mixed (qualitative-quantitative). In the qualitative section, 112 valid scientific and research articles were examined using the meta-composite approach, and finally 41 articles were selected to extract the indicators for evaluating the effectiveness of bold financing. After detailed analysis, 19 indicators were identified and extracted to evaluate the effectiveness of bold financing. Then, in the quantitative section, the opinions of 16 experts were confirmed about the validity of the index using a fuzzy Delphi questionnaire, then the combined method of Dimtel-ISM was used to present the model.
Research findings: In the Dimtel section, the relationship and effectiveness of the extracted indicators were compiled with the help of experts. With ISM MATLAB software, the collected data were analyzed in the form of self-interaction matrix and a four-level model was obtained. The research model showed that the strategic performance is the most influential indicator in evaluating the effectiveness of bold financing of Barkat Knowledge Foundation Institute.
Conclusion, originality and its addition to knowledge: The risk that threatens bold funds is that the project fails. Therefore, due to the fact that no research has been done on the effectiveness of these funds. This article can be a help for those who intend to finance and support start-ups as investors in these funds.

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References

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Governmental Accounting
Volume 10, Issue 1
January 2024
Pages 247-268

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History

  • Receive Date: 16 October 2023
  • Revise Date: 16 January 2024
  • Accept Date: 11 December 2023

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