<title/> The nature and extent of complementarities between the informal and formal venture capital markets has been the subject of limited research. This paper explores systematically the nature and extent of complementarities between the formal and informal venture capital markets in the UK, and...

Business angels play a critical role in the creation of an entrepreneurial climate. However, measuring business angel investment activity on either a cross-sectional or time series basis is extremely problematic. This paper reviews various approaches to measuring business angel investment...

The existence of an equity gap in the provision of venture capital has prompted a range of initiatives by public sector bodies to stimulate the venture capital market. This paper reviews the rationale for public sponsorship of venture capital and summarizes the four papers which comprise this...