P. 1
Growth Entrepreneurship: Do we really understand the drivers of new venture success?

Growth Entrepreneurship: Do we really understand the drivers of new venture success?

4.82

|Views: 2,416|Likes:
Published by John Cavill
This discussion paper reviews the literature on two key aspects of growth entrepreneurship; the venture capitalists' investment decision making process and the attributes of successful entrepreneurs.
This discussion paper reviews the literature on two key aspects of growth entrepreneurship; the venture capitalists' investment decision making process and the attributes of successful entrepreneurs.

More info:

Published by: John Cavill on Feb 17, 2008
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

10/14/2011

pdf

text

original

Source: European Commission (2002)

Two-thirds of VCFs also refer deals to business angel networks (BANs), either
exclusively or at the same time as they are referred to specific business
angels. This suggests that BANs, which act as an introduction service for
investors and entrepreneurs seeking finance, are playing an important role
in linking VC and business angel markets (Harrison and Mason, 2000) (see
Figure 1). BANs tend to be formed by BAs who have known one another
prior to its formation, either through social or business networks.
Individual network members invest directly in entrepreneurial ventures of
their own choosing, generally as part of a syndicate of other members. The
composition of these syndicates are likely to be fluid, varying from
investment to investment (Mason and Harrison, 1996).

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->