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Articles

Business angels and love money investors: segments of the informal market for risk capital

Pages 355-369 | Accepted 14 Jun 2008, Published online: 07 Oct 2008

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (11)

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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Martina Skalicka, Marek Zinecker, Adam P. Balcerzak & Michał Bernard Pietrzak. (2023) Business angels and early stage decision making criteria: empirical evidence from an emerging market. Economic Research-Ekonomska Istraživanja 36:1, pages 25-50.
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Ross Brown, Suzanne Mawson, Neil Lee & Lauren Peterson. (2019) Start-up factories, transnational entrepreneurs and entrepreneurial ecosystems: unpacking the lure of start-up accelerator programmes. European Planning Studies 27:5, pages 885-904.
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Hans Landström & Roger Sørheim. (2019) The ivory tower of business angel research. Venture Capital 21:1, pages 97-119.
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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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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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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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Gianni Romaní, Miguel Atienza & José Ernesto Amorós. (2012) Informal investors in Chile: an exploratory study from a gender perspective. Journal of Business Economics and Management 13:1, pages 111-131.
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Stuart Paul & Geoff Whittam. (2010) Business angel syndicates: an exploratory study of gatekeepers. Venture Capital 12:3, pages 241-256.
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Andrew Burke, Chantal Hartog, André van Stel & Kashifa Suddle. (2010) How does entrepreneurial activity affect the supply of informal investors?. Venture Capital 12:1, pages 21-47.
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Articles from other publishers (40)

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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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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Tetsuya Kirihata. (2022) Contribution of business angel investments: evidence from Estonia. Journal of Capital Markets Studies 6:3, pages 287-303.
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Rasmus Koss Hartmann, Andre Spicer & Anders Dahl Krabbe. 2022. Entrepreneurialism and Society: Consequences and Meanings. Entrepreneurialism and Society: Consequences and Meanings 19 49 .
Lars Hornuf, Matthias Schmitt & Eliza Stenzhorn. (2022) The local bias in equity crowdfunding: Behavioral anomaly or rational preference?. Journal of Economics & Management Strategy 31:3, pages 693-733.
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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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A. Niroopa Rani Annamalaisami. (2021) What differentiates angel investors in pre-seed versus seed-stage investments? Evidence from India. Journal of Indian Business Research 14:1, pages 4-22.
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Martin Croteau, Kenneth A. Grant, Claudio Rojas & Hadeer Abdelhamid. (2021) The lost generation of entrepreneurs? The impact of COVID-19 on the availability of risk capital in Canada. Journal of Entrepreneurship in Emerging Economies 13:4, pages 606-627.
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Vincenzo Butticè, Annalisa Croce & Elisa Ughetto. (2021) Network dynamics in business angel group investment decisions. Journal of Corporate Finance 66, pages 101812.
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Mohammad MustafaMohammad Mustafa. 2021. Angel Investing. Angel Investing 87 136 .
Torben Antretter, Charlotta Sirén, Dietmar Grichnik & Joakim Wincent. (2020) Should business angels diversify their investment portfolios to achieve higher performance? The role of knowledge access through co-investment networks. Journal of Business Venturing 35:5, pages 106043.
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Peter Wirtz, Christophe Bonnet, Laurence Cohen & Christophe Haon. (2020) Investing Human Capital: Business Angel Cognition and Active Involvement in Business Angel Groups. Revue de l’Entrepreneuriat Vol. 19:1, pages 43-60.
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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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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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Nathalie Mercier, Hayyan Alia, Arvind Ashta, Maaouia Ben Nasr, Mihaela Bonescu & Ahmadou Bamba Ndiaye. 2020. Start-Ups and SMEs. Start-Ups and SMEs 1128 1148 .
Arvind Ashta, Anuja Cabraal & Karl Dayson. 2020. Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship 1569 1573 .
Francesca Tenca, Annalisa Croce & Elisa Ughetto. 2019. Contemporary Topics in Finance. Contemporary Topics in Finance 183 214 .
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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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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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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Alicia Coduras & Ignacio De la Vega. 2018. Evolving Entrepreneurial Strategies for Self-Sustainability in Vulnerable American Communities. Evolving Entrepreneurial Strategies for Self-Sustainability in Vulnerable American Communities 167 185 .
Arvind Ashta, Anuja Cabraal & Karl Dayson. 2017. Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship 1 5 .
Yuk Fai Kevin Au, Marta K. Dowejko, Ka Wai Boby Shiu & Zhujun Ding. 2016. Angel Financing in Asia Pacific. Angel Financing in Asia Pacific 459 474 .
Stephanie Alexandra Macht. (2016) Putting “entrepreneurial finance education” on the map. Education + Training 58:9, pages 984-1002.
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Andreas Fili & Jaan Grünberg. (2014) Business angel post-investment activities: a multi-level review. Journal of Management & Governance 20:1, pages 89-114.
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Nathalie Mercier, Hayyan Alia, Arvind Ashta, Maaouia Ben Nasr, Mihaela Bonescu & Ahmadou Bamba Ndiaye. 2016. Strategic Approaches to Successful Crowdfunding. Strategic Approaches to Successful Crowdfunding 228 249 .
John Berns & Karen Schnatterly. 2015. Shareholder Empowerment. Shareholder Empowerment 223 238 .
Zhujun Ding, Sunny Li Sun & Kevin Au. (2014) Angel investors’ selection criteria: A comparative institutional perspective. Asia Pacific Journal of Management 31:3, pages 705-731.
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Joseph R. Bell. (2014) Angel Investor Sophistication: Increasing Application of Pre-Revenue Venture Valuation Methodologies . The Journal of Private Equity 17:4, pages 59-64.
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Virginia Fernández-Pérez, Patricia Esther Alonso-Galicia, María del Mar Fuentes-Fuentes & Lazaro Rodriguez-Ariza. (2014) Business social networks and academics' entrepreneurial intentions. Industrial Management & Data Systems 114:2, pages 292-320.
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Geoff Gregson, Sacha Mann & Richard Harrison. (2013) Business Angel Syndication and the Evolution of Risk Capital in a Small Market Economy: Evidence from Scotland. Managerial and Decision Economics 34:2, pages 95-107.
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Artem Gudov. (2013) Combining formal and informal financial sources. Journal of Chinese Entrepreneurship 5:1, pages 39-60.
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Arvind Ashta, Anuja Cabraal & Karl Dayson. 2013. Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship 1216 1220 .
Valérie Revest & Alessandro Sapio. (2010) Financing technology-based small firms in Europe: what do we know?. Small Business Economics 39:1, pages 179-205.
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Andrew L. Maxwell, Scott A. Jeffrey & Moren Lévesque. (2011) Business angel early stage decision making. Journal of Business Venturing 26:2, pages 212-225.
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Cécile Carpentier & Jean-Marc Suret. (2013) Le coût du capital entrepreneurial. Revue internationale P.M.E. 24:3-4, pages 103-136.
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Jean-Marc Suret. (2011) Le financement des entreprises en démarrage et en croissance : le point de la situation. L'Actualité économique 86:3, pages 385-411.
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Roger Svensson. (2014) Statlig finansiering till småföretag? (Public Funding for Small Firms?). SSRN Electronic Journal.
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Rasmus Koss Hartmann, Anders D. Krabbe & André Spicer. (2019) Towards an Untrepreneurial Economy? The Entrepreneurship Industry and the Rise of the Veblenian Entrepreneur. SSRN Electronic Journal.
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Lars Hornuf & Matthias Schmitt. (2016) Does a Local Bias Exist in Equity Crowdfunding? The Impact of Investor Types and Portal Design. SSRN Electronic Journal.
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