Operation research the influence of venture capital on the growth of e-commerce listed enterprises
Venture capital is essential to the growth of small and medium enterprises (SMEs) in developed e-commerce countries. SMEs play a crucial role in the economic development of both developing and developed countries. This paper proposes the influence of venture capital on the growth of e-commerce in sm...
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| Main Authors: | , , , , , |
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| Format: | Article |
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World Scientific Publishing
2024
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| Online Access: | http://psasir.upm.edu.my/id/eprint/117405/ https://www.worldscientific.com/doi/abs/10.1142/S0219877024500573 |
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| Summary: | Venture capital is essential to the growth of small and medium enterprises (SMEs) in developed e-commerce countries. SMEs play a crucial role in the economic development of both developing and developed countries. This paper proposes the influence of venture capital on the growth of e-commerce in small and medium enterprises using the propensity score matching (PSM) method. PSM is defined as the statistical analysis of observational data, where a statistical matching method attempts to evaluate the impacts of a treatment or policy. The experimental results show that the effect of e-commerce on SMEs who received venture capital financing experience improves the performance of employment growth and sales. Our findings reveal that VC significantly enhances employment rates and sales performance in e-commerce sectors. The study underscores the critical role of venture capital in driving innovation and growth within SMEs, providing valuable insights for investors and policymakers aiming to foster economic development. |
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