Causal Analysis about the Effect to Performance of Start-ups from External Supporting Activities

Abstract

The purpose of this study is to investigate the relationships between performance of Start-Upsand external support to them. We analyzed the questionnaire research on the basis of the answers whichwere obtained from 2,897(1st research) people of Start-Ups. As a research method, we used two methodsusing a propensity score. This point is one of the novelties of this research. First, we tried a matchingmethod, and we found that most external support alone did not have the causal effect of improving per-formance, but some significant causal effects were found in part. Subsequently, we confirmed the effectsagain by using the weighting method.