Tax policy should explicitly recognize the incentives needed for talented persons to consider an entrepreneurial career choice as well as for potential High Growth Entrepreneurial Firms (HGEFs) to pursue (international) expansion. The planned reform of the Finnish tax system presents a unique...

Various approaches have been considered in Finland to catalyze new growth oriented innovative companies and to develop the functioning of the risk capital market. One approach suggested in several studies and public statements has been to consider creating tax incentives to catalyze informal...

Despite of the significant role of informal venture capital in the financing of new entrepreneurial ventures, there is little research explaining the factors determining the propensity of individuals to make microangel investments. Building on two theoretical frameworks, a social psychological...