{"id":"https://openalex.org/W2990423902","doi":null,"title":"How Venture Capital Firms Evaluate Indonesian Start-Ups For Financing","display_name":"How Venture Capital Firms Evaluate Indonesian Start-Ups For Financing","publication_year":2019,"publication_date":"2019-01-01","ids":{"openalex":"https://openalex.org/W2990423902","mag":"2990423902"},"language":"en","primary_location":{"id":"mag:3182102088","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3729847","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3729847","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5007300576","display_name":"Hanif Adinugroho Widyanto","orcid":"https://orcid.org/0000-0001-7582-2090","observed_orcids":["https://orcid.org/0000-0001-7582-2090"]},"institutions":[{"id":"https://openalex.org/I190243414","display_name":"President University","ror":"https://ror.org/04w4pwd42","country_code":"ID","type":"education","lineage":["https://openalex.org/I190243414"]},{"id":"https://openalex.org/I29617571","display_name":"University of Indonesia","ror":"https://ror.org/0116zj450","country_code":"ID","type":"education","lineage":["https://openalex.org/I29617571"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Hanif Adinugroho Widyanto","raw_affiliation_strings":["President University,"],"raw_orcid":"https://orcid.org/0000-0001-7582-2090","affiliations":[{"raw_affiliation_string":"President University,","institution_ids":["https://openalex.org/I190243414"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5072785832","display_name":"Zuliani Dalimunthe","orcid":"https://orcid.org/0000-0002-0267-6018","observed_orcids":["https://orcid.org/0000-0002-0267-6018"]},"institutions":[{"id":"https://openalex.org/I29617571","display_name":"University of Indonesia","ror":"https://ror.org/0116zj450","country_code":"ID","type":"education","lineage":["https://openalex.org/I29617571"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Zuliani Dalimunthe","raw_affiliation_strings":["Department of Management"],"raw_orcid":"https://orcid.org/0000-0002-0267-6018","affiliations":[{"raw_affiliation_string":"Department of Management","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5079405957","display_name":"Rachmadi Agus Triono","orcid":"https://orcid.org/0000-0003-2811-5152","observed_orcids":["https://orcid.org/0000-0003-2811-5152"]},"institutions":[{"id":"https://openalex.org/I29617571","display_name":"University of Indonesia","ror":"https://ror.org/0116zj450","country_code":"ID","type":"education","lineage":["https://openalex.org/I29617571"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Rachmadi Agus Triono","raw_affiliation_strings":["Department of Management"],"raw_orcid":"https://orcid.org/0000-0003-2811-5152","affiliations":[{"raw_affiliation_string":"Department of Management","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"6067","last_page":"6073"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10058","display_name":"Entrepreneurship Studies and Influences","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/venture-capital","display_name":"venture capital","score":0.9610000252723694},{"id":"https://openalex.org/keywords/business-start-up","display_name":"startups","score":0.7149999737739563},{"id":"https://openalex.org/keywords/investment-criteria","display_name":"investment criteria","score":0.972000002861023},{"id":"https://openalex.org/keywords/venture-capital-firms","display_name":"venture capital firms","score":0.7020000219345093},{"id":"https://openalex.org/keywords/startup-financing","display_name":"startup financing","score":0.4959999918937683},{"id":"https://openalex.org/keywords/risk-assessment","display_name":"risk assessment","score":0.4950000047683716},{"id":"https://openalex.org/keywords/market-growth","display_name":"market growth","score":0.6769999861717224},{"id":"https://openalex.org/keywords/property-rights","display_name":"property rights","score":0.7250000238418579},{"id":"https://openalex.org/keywords/market-acceptance","display_name":"market acceptance","score":0.8050000071525574},{"id":"https://openalex.org/keywords/prototyping","display_name":"prototype development","score":0.6100000143051147},{"id":"https://openalex.org/keywords/jabodetabek","display_name":"Jabodetabek","score":0.9049999713897705},{"id":"https://openalex.org/keywords/bandung","display_name":"Bandung","score":0.996999979019165}],"concepts":[{"id":"https://openalex.org/C21279758","wikidata":"https://www.wikidata.org/wiki/Q219409","display_name":"Venture capital","level":2,"score":0.769107460975647},{"id":"https://openalex.org/C2779207338","wikidata":"https://www.wikidata.org/wiki/Q9240","display_name":"Indonesian","level":2,"score":0.6791398525238037},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6501469016075134},{"id":"https://openalex.org/C105776082","wikidata":"https://www.wikidata.org/wiki/Q617473","display_name":"Likert scale","level":2,"score":0.5988103747367859},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.5370487570762634},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5272713303565979},{"id":"https://openalex.org/C134827381","wikidata":"https://www.wikidata.org/wiki/Q261851","display_name":"Social venture capital","level":3,"score":0.515289306640625},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.49139657616615295},{"id":"https://openalex.org/C198082294","wikidata":"https://www.wikidata.org/wiki/Q3399648","display_name":"Position (finance)","level":2,"score":0.43789908289909363},{"id":"https://openalex.org/C28719098","wikidata":"https://www.wikidata.org/wiki/Q44946","display_name":"Point (geometry)","level":2,"score":0.41514381766319275},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.39652860164642334},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"mag:3182102088","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3729847","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"mag:2990423902","doi":null,"is_oa":false,"landing_page_url":"https://scholar.ui.ac.id/en/publications/how-venture-capital-firms-evaluate-indonesian-start-ups-for-finan","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"mag:3182102088","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3729847","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[{"display_name":"Industry, innovation and infrastructure","score":0.428600013256073,"id":"https://metadata.un.org/sdg/9"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2525212251","https://openalex.org/W1513584384","https://openalex.org/W2905651459","https://openalex.org/W3163205916","https://openalex.org/W7137668045","https://openalex.org/W2893882947","https://openalex.org/W1602049431","https://openalex.org/W4295338137","https://openalex.org/W2150547784","https://openalex.org/W296316961"],"abstract_inverted_index":{"This":[0,56],"study":[1],"discusses":[2],"the":[3,23,39,53,72,100,117,125,136,146,179,181,189,203,213,222,232,242],"investment":[4,28],"evaluation":[5,29],"criteria":[6,30,152],"employed":[7,64],"by":[8,33],"venture":[9,34,198],"capital":[10,35,199],"firms":[11,36,118],"in":[12,16,49,91,96,99,116,156,188,221,226],"deciding":[13],"to":[14,71,123,143,168,172,197,241],"invest":[15],"potential":[17],"Indonesian":[18,50],"start-up":[19],"companies.":[20],"Based":[21],"on":[22],"literature,":[24],"we":[25,44],"observed":[26],"12":[27],"commonly":[31],"used":[32],"(VCFs)":[37,89],"around":[38],"world.":[40],"In":[41],"this":[42],"study,":[43],"evaluate":[45,169],"whether":[46],"VCFs":[47,110,138,229],"investing":[48,90],"start-ups":[51,92],"employ":[52],"same":[54],"criteria.":[55,80],"research":[57],"was":[58],"conducted":[59],"using":[60],"a":[61,65,113,193,208,245],"questionnaire":[62],"that":[63,150,231],"Likert-scale":[66],"of":[67,83,109,129,131,135,162,244],"1-4,":[68],"applied":[69],"correspondingly":[70],"answers":[73],"as":[74,93],"irrelevant,":[75],"desirable,":[76],"important,":[77],"and":[78,102,119,127,170,201,237],"essential":[79],"The":[81],"unit":[82],"analysis":[84],"is":[85,217],"Venture":[86],"Capital":[87],"Firms":[88],"business":[94],"partners":[95],"Indonesia,":[97],"mostly":[98],"Jabodetabek":[101],"Bandung":[103],"area.":[104],"Study":[105],"participants":[106],"were":[107,120,141],"representatives":[108],"who":[111],"occupied":[112],"strategic":[114],"position":[115],"therefore":[121],"able":[122,167],"understand":[124],"condition":[126],"point":[128,243],"view":[130],"each":[132],"VCF.":[133],"Out":[134],"35":[137],"accessed,":[139],"19":[140],"willing":[142],"fill":[144],"out":[145],"questionnaire.":[147],"We":[148],"found":[149],"six":[151],"are":[153,159],"considered":[154],"important":[155,219],"Indonesia.":[157,227],"They":[158],"(a)":[160],"capable":[161],"sustained":[163],"intense":[164],"efforts,":[165],"(b)":[166],"react":[171],"risk":[173],"well,":[174],"(c)":[175],"thoroughly":[176],"familiar":[177],"with":[178],"market":[180,205,235],"VCF":[182],"targets,":[183],"(d)":[184,191],"demonstrated":[185],"leadership":[186],"ability":[187],"past,":[190],"have":[192],"track":[194],"record":[195],"relevant":[196],"investment,":[200],"(t)":[202],"target":[204],"has":[206,238],"enjoyed":[207],"significant":[209],"growth":[210],"rate.":[211],"Meanwhile,":[212],"property":[214],"right":[215],"aspect":[216,220],"an":[218],"USA,":[223],"but":[224],"not":[225],"Instead,":[228],"require":[230],"product":[233],"demonstrates":[234],"acceptance":[236],"been":[239],"developed":[240],"functioning":[246],"prototype.":[247]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2019-12-05T00:00:00"}
