Informal investors play a key role to meet the financing needs of business projects in early stages. However, this is a group in which there are different kinds and ways of dealing with investment. One of these profiles is associated with the figure known as business angel, whose main...

Les recherches sur la contribution des Business Angels (BA) à la croissance de l’économie sont encore récentes et relativement peu diffusées, en France notamment. Afin de comparer la dynamique d’entreprises adossées à des BA à des entreprises qui ne le sont pas, nous proposons une...

While it is widely recognised that informal investors play a vital role in the development of new businesses, extent research on the nature of informal investment activity has focussed on large economies. There is little research about informal investment in small economies, including Ireland....

This study seeks to examine the relationship between the structure of the start-up capital and the survival of companies. The study considers the structure of the start-up capital as the share of the managerial capital (share of the capital held by the entrepreneur and his family), the share of...

A creative economy requires innovation-friendly conditions. Korea’s innovation system should be improved by upgrading universities and expanding their role in business R&D, while increasing international collaboration in R&D from its current low level. The returns from Korea’s large...

The Korean government has made fostering a “creative economy” a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role. However, the venture capital market is still at an early stage of...

Business angels are a vital source of capital for innovative startup firms. However, even of those startups that have the potential to fulfill angel investors’ expected return on investment, most are rejected during the angel’s investment decision process. Information asymmetry, risk and...

This paper explores the state of formal and informal equity sources currently available for financing entrepreneurial activity in Chile. By integrating theoretical perspectives regarding formal and informal equity funding and information gathered from the Global Entrepreneurship Monitor (GEM)...

The recent financial crisis has raised important questions about the future of regional economic development policy in Europe. Budget cuts at a time when economic growth is a priority indicates some lack of confidence by governments in the effectiveness of economic development. Deflationary...

Статья посвящена разработке выводов и рекомендаций по инвестиционной стратегии экологически-ориентированного венчурного фонда непосредственно в условиях...