Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

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Empirical Analysis of Regions, Fund Allocation and Profits for Startups

Authors
Zhongjian Wang1, *
1Department of Economics, University of Michigan-Ann Arbor, Ann Arbor, United States
*Corresponding author. Email: zhongjiw@umich.edu
Corresponding Author
Zhongjian Wang
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-098-5_100How to use a DOI?
Keywords
Startups; R&D spending; Marketing spending; Administration spending; Profits
Abstract

This paper focuses on four indicators for different startups: R&D spending, marketing spending, administration spending, and profit. First, in the multiple linear regression of the original variables on profit, the presence of Collinearity between R&D and market spending only led to a single linear regression between R&D spending and profit. Then, factor analysis concluded two factors that resolved the Collinearity and allowed a better multiple linear regression. Moreover, the significant differences between startups with large and small profits for different spending were analyzed using comparative analysis. It concluded that different R&D and marketing spending made significant differences between startups’ profit, but not for administration spending. Finally, the Normal distribution, ANOVA, and Non-parametric tests prove that there is no significant difference between different spending and profits among different regions, which shows the homogeneity of the development of different geographical startups. All these analyses can help startup entrepreneurs to generate profits better.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
10.2991/978-94-6463-098-5_100
ISSN
2352-5428
DOI
10.2991/978-94-6463-098-5_100How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zhongjian Wang
PY  - 2022
DA  - 2022/12/27
TI  - Empirical Analysis of Regions, Fund Allocation and Profits for Startups
BT  - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
PB  - Atlantis Press
SP  - 874
EP  - 882
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-098-5_100
DO  - 10.2991/978-94-6463-098-5_100
ID  - Wang2022
ER  -