Research on Risk Hierarchical Structure of High-Tech Startups Based on DEMATEL-ISM Model
16th International Conference on Management Science and Engineering Management (ICMSEM), Ankara, Turkey, 3 - 06 August 2022, vol.144, pp.17-29, (Full Text)
- Publication Type: Conference Paper / Full Text
- Volume: 144
- Doi Number: 10.1007/978-3-031-10388-9_2
- City: Ankara
- Country: Turkey
- Page Numbers: pp.17-29
- Keywords: Startup, Risk management, DEMATEL-ISM, INNOVATION
- Gazi University Affiliated: No
Abstract
High-tech startups are becoming increasingly prominent in economic development. With high returns, high-tech startups also involve high risks. Scholars have identified and evaluated the risk factors high-tech startups face, but the correlation and interaction between risk factors are rarely discussed. By filling this gap, this paper analyzes the risk factors faced by high-tech startups using the environmental analysis method and constructs a hierarchical structure model to analyze the correlation and interaction between risk factors based on the DEMATEL-ISM method. In addition, some suggestions for risk management are put forward. Our research may give some guidance for high-tech startups on risk management.