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...

The global financial crisis of 2007-2008 changed the landscape of financing a business, affecting all projects that are looking for growth based on access to capital. Non-bank finance and new forms of equity access started to emerge not only for attractive born-global start-ups but also for...

This document, intended to be discuss and criticized, aims for the implementation on the city of Barreiro, Portugal, of a Local Investment Agency. The final objective of such project is to allow entrepreneurs and investors to build in the city new ventures that can create employment, build an...

This paper, a synthesis of salient findings of the authors’ book entitled “Investment Climate Around the World: Voices of the Firms from the World Business Environment Survey”, and based on a chapter in “Pathways Out of Poverty: Private Firms and Economic Mobility in Developing...

Analyzes the uses and functions of business models through original, qualitative case studies focused on research-based spin-offs.

El impacto de las nuevas tecnologías de la información e Internet en el mundo de la empresa ha sido enorme, y el estallido de la burbuja financiera no invalida algunos supuestos de la llamada nueva economía. Este trabajo analiza los efectos diferenciales de Internet en la dirección de...

Over the past two decades the venture capital industry became a major focus for the financial media. With potential for high rates of return, this industry attracts entrepreneurs looking for opportunities to invest. While some investments are successful and highly publicized, many are not. This...

En este trabajo se caracterizan los patrones de creación y destrucción de empresas en Chile entre los años 1999 y 2006. Junto con ello se analiza las matrices de transición entre los diferentes tamaños de empresas en base a los datos del Servicio de Impuestos Internos. Cabe hacer notar que...

I explore the relationship in partnering strategy [exploration – based on weak ties vs. exploitation – based on strong ties], national culture and and firms’ organizational model in the context of global ICT Industry. In the highly uncertain global environment, partnering is the one of the...

Do Inquérito ao Empreendedorismo do Banco Mundial (WBGES 2008) resultou uma extensa base de dados de cerca de uma centena de países, baseada em dados dos registos notariais. Com base nesta fonte de informação, exploram-se as trajectórias de evolução da criação de empresas entre 2000 e...