Causal Analysis of the Effect on Performance of Start-Ups from External Supporting Activities

  • Hirotaka YanadaEmail author
  • Setsuya Kurahashi
Conference paper
Part of the Smart Innovation, Systems and Technologies book series (SIST, volume 148)


The purpose of this study is to investigate the relationships between the performance of start-ups and external support to them. We analyzed the questionnaire research on the basis of the answers which were obtained from 2,897 (1st research) people of start-ups. As a research method, we used two methods using a propensity score. This point is one of the novelties of this research. First, we tried a matching method, and we found that most external support alone did not have the causal effect of improving performance, but the other significant causal effects were found in part. Subsequently, we confirmed the effects again using a weighting method.


Start-up company Propensity score matching External support 


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© Springer Nature Singapore Pte Ltd. 2020

Authors and Affiliations

  1. 1.University of TsukubaTokyoJapan

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