The Role of Venture Capital on Start-up Business Development in Indonesia

Authors

  • Meita Clara Wijaya Rosa Brawijaya University
  • Eko Ganis Sukoharsono Brawijaya University
  • Erwin Saraswati Brawijaya University

DOI:

https://doi.org/10.18196/jai.2001108

Keywords:

venture capital, investment, start-up, companies

Abstract

This research aimed to determine the criteria used by venture capital before investing in start-up companies, and the role of venture capital as a supporter of the start-up companies in Indonesia. This research is qualitative descriptive with a case study research approach. It was conducted in the venture capital in the city of Jakarta, using interview to collect the data. The results of this research indicate that the criteria used by venture capital before carrying out the investment process are, seeing team members, the products to be offered, marketing and exit strategies. The role of venture capital is as a supporter of the start-up companies in Indonesia by helping their funding access, assisting them to grow, supporting networking activities and mentoring, and helping them to expand the market access for the start-up products.

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Published

2019-01-01

How to Cite

Rosa, M. C. W., Sukoharsono, E. G., & Saraswati, E. (2019). The Role of Venture Capital on Start-up Business Development in Indonesia. Journal of Accounting and Investment, 20(1), 55–74. https://doi.org/10.18196/jai.2001108

Issue

Vol 20, No 1: January 2019

Section

Articles

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