UPM Institutional Repository

Qualitative factors affecting IT/IS startups valuation


Citation

Maheshwari, Vishal and Kumar, Senthil and Yew, Beh Ching and Wah, Ooi Bee and Yee, Angelina Seow Voon and Abdul Razak, Shazrul Ekhmar and Ramachandran, Jayalakshmy (2025) Qualitative factors affecting IT/IS startups valuation. Multidisciplinary Reviews, 8 (12). art. no. e2025386. pp. 1-11. ISSN 2595-3982

Abstract

This systematic literature review explores the multifaceted qualitative factors influencing the valuation of Information Technology/Information Systems (IT/IS) startups. These startups, characterized by rapid development cycles and disruptive technologies, face unique challenges and opportunities within volatile markets. Key qualitative factors identified include Technology Readiness Levels (TRLs), Intellectual Property (IP), founder and management team characteristics, strategic partnerships, funding, geographical location, and business strategy. The review highlights the critical role these non-financial metrics play in assessing startup potential and valuation. Limitations arise from the scope of available evidence and reliance on secondary sources. The findings lead to the development of a nuanced evaluation framework that can assist startup founders in strengthening their qualitative factors, thereby achieving fair and robust valuations. This framework is crucial for guiding strategic decision-making, enhancing investor confidence, and supporting sustainable growth and competitive advantage in the evolving IT/IS landscape.


Download File

[img] Text
119997.pdf - Published Version
Available under License Creative Commons Attribution Non-commercial.

Download (637kB)

Additional Metadata

Item Type: Article
Divisions: Universiti Putra Malaysia
DOI Number: https://doi.org/10.31893/multirev.2025386
Publisher: Malque Publishing
Keywords: Information systems startups; Information technology startups; Qualitative factors; Quantitative factors; Startups; Valuation
Depositing User: Mohamad Jefri Mohamed Fauzi
Date Deposited: 22 Sep 2025 03:45
Last Modified: 22 Sep 2025 03:45
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.31893/multirev.2025386
URI: http://psasir.upm.edu.my/id/eprint/119997
Statistic Details: View Download Statistic

Actions (login required)

View Item View Item