TY - JOUR T1 - Evaluating Entrepreneurship through a Resource-Based Multi-Criteria Decision-Making Model AU - Utlu, Nilay AU - Ayduğ, Damla PY - 2024 DA - December Y2 - 2024 DO - 10.26650/imj.2024.97.1397675 JF - Istanbul Management Journal PB - İstanbul Üniversitesi WT - DergiPark SN - 2619-9254 SP - 21 EP - 29 IS - 97 LA - en AB - Nowadays, it has become increasingly important for businesses that want to have a sustainable competitive advantage to engage in entrepreneurial activities by using business resources because of changing environmental conditions and increasing competition intensity. This research develops a decision-making model by analyzing the factors influencing entrepreneurial success through a resource-based approach. The resource-based approach to entrepreneurship of Alvarez and Busenitz (2001) is based on financial, social, and human capital factors. According to this approach, financial capital includes initial investments and access to financial resources; social capital includes networks, trust, and shared vision; and human capital includes education and experience. The SWARA method, a multi-criteria decision-making method, was used. Financial, social, and human capital criteria, which are effective for entrepreneurial success, were prioritized because of the answers given by experts using the SWARA method. As a result of the research, it was found that the most important criteria affecting entrepreneurial success with a resource-based approach is experience, followed by shared vision, networks, access to finance, education, initial investment, and trust.JEL Classification : M13 , M21 KW - Entrepreneurship KW - Multi-Criteria Decision Making KW - SWARA Method KW - Resource-Based Approach CR - Adebıyı, S. O.; Amole, B. B., Arıkewuyo, K. A.; Oyenuga, O. 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