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Venture Capital
An International Journal of Entrepreneurial Finance
Volume 10, 2008 - Issue 2
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Articles

Business angels and value added: what do we know and where do we go?

Pages 127-147 | Accepted 01 Sep 2007, Published online: 15 Apr 2008

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Read on this site (27)

Rui Falcão, Maria João Carneiro & António Carrizo Moreira. (2023) Why do business angels invest? Uncovering angels’ goals. Cogent Business & Management 10:2.
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Henrik Wesemann & Torben Antretter. (2023) The internationalization of business angel networks: do syndicates increase cross-border investment returns?. Venture Capital 25:4, pages 487-514.
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Regan Stevenson, Sean R. McMahon, Michael P. Ciuchta & Chaim Letwin. (2023) More than capital? Transaction costs, trade-offs, and value for small businesses in novel funding transactions. Journal of Small Business Management 0:0, pages 1-28.
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Tore Frimanslund, Grzegorz Kwiatkowski & Ove Oklevik. (2023) The role of finance in the literature of entrepreneurial ecosystems. European Planning Studies 31:2, pages 372-391.
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Tore Frimanslund & Atanu Nath. (2022) Regional determinants of access to entrepreneurial finance: a conceptualisation and empirical study in Norwegian startup ecosystems. Journal of Small Business & Entrepreneurship 0:0, pages 1-28.
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Vincenzo Capizzi, Andrea Paltrinieri, Debidutta Pattnaik & Satish Kumar. (2022) Retrospective overview of the journal venture capital using bibliometric approach. Venture Capital 24:1, pages 1-23.
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Annalisa Croce, Elisa Ughetto, Stefano Bonini & Vincenzo Capizzi. (2021) Gazelles, ponies, and the impact of business angels’ characteristics on firm growth. Journal of Small Business Management 59:2, pages 223-248.
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Colin Mason, Tiago Botelho & Richard Harrison. (2019) The changing nature of angel investing: some research implications. Venture Capital 21:2-3, pages 177-194.
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Stefano Bonini & Vincenzo Capizzi. (2019) The role of venture capital in the emerging entrepreneurial finance ecosystem: future threats and opportunities. Venture Capital 21:2-3, pages 137-175.
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Tevfik Aktekin, Dev K. Dutta & Jeffrey E. Sohl. (2018) Entrepreneurial firms and financial attractiveness for securing debt capital: a Bayesian analysis. Venture Capital 20:1, pages 27-50.
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Brett A. White & John Dumay. (2017) Business angels: a research review and new agenda. Venture Capital 19:3, pages 183-216.
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Kevin C. Cox, Jason Lortie & Kimberly Gramm. (2017) The investment paradox: why attractive new ventures exhibit relatively poor investment potential. Venture Capital 19:3, pages 163-181.
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Kaveh Moghaddam, Alexandre Aidov, Charles DuVal & Sara Azarpanah. (2017) High-growth entrepreneurial firm funding: a qualitative study of native-born and immigrant entrepreneurs. Venture Capital 19:1-2, pages 75-94.
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Claire Champenois, Michel Devigne & François‐régis Puyou. (2016) How Can Venture Capitalists‐Owner Managers Conflicts Be Managed? If You Want Peace, Agree to Keep the Peace. Journal of Small Business Management 54:sup1, pages 189-215.
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Anna Söderblom, Mikael Samuelsson & Pär Mårtensson. (2016) Opening the black box: triggers for shifts in business angels’ risk mitigation strategies within investments. Venture Capital 18:3, pages 211-236.
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Veroniek Collewaert & Sophie Manigart. (2016) Valuation of Angel‐Backed Companies: The Role of Investor Human Capital. Journal of Small Business Management 54:1, pages 356-372.
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Øyvind Bjørgum & Roger Sørheim. (2015) The funding of new technology firms in a pre-commercial industry – the role of smart capital. Technology Analysis & Strategic Management 27:3, pages 249-266.
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GunterW. Festel & SvenH. De Cleyn. (2013) Founding angels as an emerging subtype of the angel investment model in high-tech businesses. Venture Capital 15:3, pages 261-282.
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Paul Robson, Charles Akuetteh, Ian Stone, Paul Westhead & Mike Wright. (2013) Credit-rationing and entrepreneurial experience: Evidence from a resource deficit context. Entrepreneurship & Regional Development 25:5-6, pages 349-370.
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Juan Florin, Richard Dino & M. Nesij Huvaj. (2013) Research on angel investing: a multilevel framework for an emerging domain of inquiry. Venture Capital 15:1, pages 1-27.
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William Scheela & Thawatchai Jittrapanun. (2012) Do institutions matter for business angel investing in emerging Asian markets?. Venture Capital 14:4, pages 289-308.
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Richard Harrison, Colin Mason & Paul Robson. (2010) Determinants of long-distance investing by business angels in the UK. Entrepreneurship & Regional Development 22:2, pages 113-137.
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Meike Siefkes, Øyvind Bjørgum & Roger Sørheim. Business angels investing in green ventures: how do they add value to their start-ups?. Venture Capital 0:0, pages 1-30.
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Rui Falcão, António Carrizo Moreira & Maria João Carneiro. (2023) What's in it for me? The perceived investment value of business angels. The International Journal of Entrepreneurship and Innovation.
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Mojca Svetek. (2022) The Role of Entrepreneurs’ Perceived Competence and Cooperativeness in Early-Stage Financing. Entrepreneurship Theory and Practice 47:6, pages 2047-2076.
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Alexander (Degreat) Narh Tetteh, Qingxiong (Derek) Weng, Lincoln Jisuvei Sungu & Magdalene Zeinab Akosua Adams. (2023) How much conflict is too much? How frequent task conflict expressions affect angels’ reinvestment intention. International Journal of Conflict Management.
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Christian Garaus, Nadine Izdebski & Christopher Lettl. (2023) What Do Crowd Equity Investors Do? Exploring Postinvestment Activities in Equity Crowd Funding. IEEE Transactions on Engineering Management 70:9, pages 3116-3127.
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Jing Gu, Fujuan Zhang, Xun Xu & Chaokai Xue. (2023) Stay or switch? The impact of venture capitalists' movement across network communities on enterprises’ innovation performance. Technovation 125, pages 102770.
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Tiago Botelho, Colin Mason & Konstantinos Chalvatzis. (2023) 50 Shades of Green—Angel Investing in Green Businesses. IEEE Transactions on Engineering Management 70:3, pages 950-962.
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Miwako Nitani & Aurin Shaila Nusrat. (2023) Scaling Up Is Hard To Do: Financing Canadian Small Firms. SSRN Electronic Journal.
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Tiago Botelho, Richard Harrison & Colin Mason. (2021) Business Angel Investment as an Informal Learning Process: Does Experience Matter?. British Journal of Management 34:1, pages 321-342.
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Eliran Solodoha, Stav Rosenzweig & Shai Harel. (2023) Incentivizing angels to invest in start-ups: Evidence from a natural experiment. Research Policy 52:1, pages 104634.
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Benedetta Montanaro, Angelo Cavallo, Giancarlo Giudici & Antonio Ghezzi. (2021) Determinants of the exit value in European venture capital-backed technology startups. Competitiveness Review: An International Business Journal 32:7, pages 62-84.
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Christophe Bonnet, Vincenzo Capizzi, Laurence Cohen, Aurelien Petit & Peter Wirtz. (2022) What drives the active involvement in business angel groups? The role of angels' decision-making style, investment-specific human capital and motivations. Journal of Corporate Finance 77, pages 101944.
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Norah Almubarak & Dimo Dimov. (2022) Value adding in venture capital as a mesh of practices. International Journal of Entrepreneurial Behavior & Research 28:9, pages 427-447.
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Tore Frimanslund. (2022) Financial Entrepreneurial Ecosystems: An Analysis of Urban and Rural Regions of Norway. International Journal of Global Business and Competitiveness 17:1, pages 24-39.
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Fei Qin, Tomasz Mickiewicz & Saul Estrin. (2021) Homophily and peer influence in early-stage new venture informal investment. Small Business Economics 59:1, pages 93-116.
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Vincenzo Capizzi, Annalisa Croce & Francesca Tenca. (2021) Do Business Angels’ Investments Make It Easier to Raise Follow‐on Venture Capital Financing? An Analysis of the Relevance of Business Angels’ Investment Practices. British Journal of Management 33:1, pages 306-326.
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Vincent Lefebvre, Gilles Certhoux & Miruna Radu-Lefebvre. (2022) Sustaining trust to cross the Valley of Death: A retrospective study of business angels’ investment and reinvestment decisions. Technovation 109, pages 102159.
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Sinan KüfeoğluSinan Küfeoğlu. 2022. Emerging Technologies. Emerging Technologies 1 40 .
Tiago Botelho, Richard Harrison & Colin Mason. (2019) Business angel exits: a theory of planned behaviour perspective. Small Business Economics 57:1, pages 583-602.
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Mike Wright & Donald Siegel. (2021) Alternative Investments, New Organizational Forms, and Corporate Governance. Academy of Management Perspectives 35:1, pages 1-8.
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Veroniek Collewaert, Igor Filatotchev & Theodore A. Khoury. (2021) The View of Angels From Above: Angel Governance and Institutional Environments. Academy of Management Perspectives 35:1, pages 9-24.
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Luc Tessier & Maarouf Ramadan. (2020) Sélectionner, contrôler et accompagner : le credo du Business Angel pour réduire le risque de l’entreprise. Revue de l’Entrepreneuriat Vol. 19:2, pages 93-120.
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Richard T. Harrison, Adam J. Bock & Geoff Gregson. (2020) Stairway to heaven? rethinking angel investment policy and practice. Journal of Business Venturing Insights 14, pages e00180.
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Alejandro Amezcua, Tiago Ratinho, Lawrence A. Plummer & Parvathi Jayamohan. (2020) Organizational sponsorship and the economics of place: How regional urbanization and localization shape incubator outcomes. Journal of Business Venturing 35:4, pages 105967.
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Vincent Lefebvre & Miruna Radu-Lefebvre. (2020) Investir au capital d’un nouveau projet entrepreneurial : une histoire de confiance ?. Revue de l’Entrepreneuriat Vol. 18:3, pages 107-131.
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Tiago Ratinho, Alejandro Amezcua, Benson Honig & Zhaocheng Zeng. (2020) Supporting entrepreneurs: A systematic review of literature and an agenda for research. Technological Forecasting and Social Change 154, pages 119956.
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Tao Shen, Jiangshui Ma, Bin Zhang, Wen Huang & Fan Fan. (2020) “I Invest by Following Lead Investors!” The Role of Lead Investors in Fundraising Performance of Equity Crowdfunding. Frontiers in Psychology 11.
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Lehel Györfy & Szilárd Madaras. (2020) Influencing Factors of the Informal Investment in Central Europe. Economics and Business 34:1, pages 78-91.
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Christian Granz, Marisa Henn & Eva Lutz. 2020. Contemporary Developments in Entrepreneurial Finance. Contemporary Developments in Entrepreneurial Finance 105 136 .
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Paul Kirwan, Tiago Ratinho, Peter van der Sijde & Aard J. Groen. (2019) The early development of International New Ventures: a multidimensional exploration. International Journal of Entrepreneurial Behavior & Research 25:6, pages 1340-1367.
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Douglas Cumming, Marc Deloof, Sophie Manigart & Mike Wright. (2019) New directions in entrepreneurial finance. Journal of Banking & Finance 100, pages 252-260.
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Francesca Tenca, Annalisa Croce & Elisa Ughetto. (2018) BUSINESS ANGELS RESEARCH IN ENTREPRENEURIAL FINANCE: A LITERATURE REVIEW AND A RESEARCH AGENDA. Journal of Economic Surveys 32:5, pages 1384-1413.
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Shuchih Ernest Chang & Siao Yin He. (2018) Exploring Blockchain Technology for Capital Markets: A Case of Angel Fund. Exploring Blockchain Technology for Capital Markets: A Case of Angel Fund.
Douglas Cumming & Alexander Peter Groh. (2018) Entrepreneurial finance: Unifying themes and future directions. Journal of Corporate Finance 50, pages 538-555.
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Stefano Bonini, Vincenzo Capizzi, Mario Valletta & Paola Zocchi. (2018) Angel network affiliation and business angels' investment practices. Journal of Corporate Finance 50, pages 592-608.
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Sebastian Schmidt, David Bendig & Malte Brettel. (2017) Building an equity story: the impact of effectuation on business angel investments. Journal of Business Economics 88:3-4, pages 471-501.
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Tahereh Sadeghloo, Hamdollah Sojasi Qeidari, Mahdi Salehi & Amin Faal Jalali. (2018) Obstacles and methods of financing for the development of local entrepreneurship in Iran. International Journal of Development Issues 17:1, pages 114-138.
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Ross Brown, Suzanne Mawson, Alexander Rowe & Colin Mason. (2017) Working the crowd: Improvisational entrepreneurship and equity crowdfunding in nascent entrepreneurial ventures. International Small Business Journal: Researching Entrepreneurship 36:2, pages 169-193.
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Olaf M. Rottke & Felix K. Thiele. (2017) Do family investors differ from other investors? Similarity, experience, and professionalism in the light of family investee firm challenges. Journal of Business Economics 88:2, pages 139-166.
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Nadine Levratto, Luc Tessier & Cecile Fonrouge. (2017) Business performance and angels presence: a fresh look from France 2008–2011. Small Business Economics 50:2, pages 339-356.
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Jon Hoyos-Iruarrizaga, Ana Fernández-Sainz & María Saiz-Santos. (2017) High Value-Added Business Angels at post-investment stages: Key predictors. International Small Business Journal: Researching Entrepreneurship 35:8, pages 949-968.
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Colin Mason, Tiago Botelho & Justyna Zygmunt. (2016) Why business angels reject investment opportunities: Is it personal?. International Small Business Journal: Researching Entrepreneurship 35:5, pages 519-534.
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