Venture capital, angel financing, and crowdfunding have evolved and matured in the entrepreneurial finance market. These market developments have also been accompanied by a growing body of research. In this paper, we provide an overview of a vast body of literature in the field of...

This is a practitioner oriented paper. It deals with the two-staged capital allocation process from institutional investors to entrepreneurs. I first describe our knowledge about institutional investors' criteria when they search promising countries for their venture capital investments. Next, I...