Examining the Effect of Isenberg's Technological Entrepreneurship Ecosystem Components on Crowdfunding

The purpose of the study was to examine the effect of the technological entrepreneurship ecosystem components of Isenberg's model on crowdfunding (case study: Tehran Municipal Sports Organization). The study method was applied descriptive-analytical type. The samples were 225 senior managers, middle managers, and investment experts, selected using a convenience sampling method. Data collection tools were two standard questionnaires including an entrepreneurial ecosystem with six components (culture, financing, support, market, human capital, and politics) and a crowdfunding questionnaire with four components (investment type, investment role, investment goals, and investment scope), measured according to a 5-point Likert scale. Pearson's correlation test and confirmatory factor analysis in SPSS and LISREL were used to analyze the collected data. The results indicated that the components of the entrepreneurial ecosystem have a significant effect on crowdfunding. Moreover, the results of the structural model showed that the technology entrepreneurship ecosystem could predict the components of the crowdfunding factor. Hence, it is suggested that a better understanding of the roles should be gained on performance, the interaction between its elements, and the mutual effect of the activities in the sport-related part of the organizations besides the evaluation of the technological entrepreneurship ecosystem.