This survey reviews the growing body of academic work on venture capital. It lays out the
major data sources used. It examines the work on venture capital investments in companies …

This article investigates factors that affect rejection rates in applications for outside finance
among different types of investors (banks, venture capital funds, leasing firms, factoring …

We examine the extent to which private equity investors generate value-added benefits to
venture development and investigate whether these benefits differ across angel groups and …

We present a theoretical model of startup signaling with multiple signals and potential
differences in external investor preferences. For a novel sample of technology incubator …

In this study, we seek to further delineate factors that condition the relationship between
slack resources and firm performance. To do so, we develop and test a model that …

Business angels are widely recognized as a significant source of entrepreneurial finance,
particularly for early-stage businesses. However, rigorous investigation on angel investment …

This article examines how angel investors' human capital affects the valuation of their
portfolio companies, based on the pre‐money valuation of 123 investment rounds in 58 …

Angel investing has grown globally across economies, accompanied by growth in both
academic and policymaking interest. In this paper, we critically analyse the current state of …

This paper advances a framework for making rudimentary need, impact, and cost–benefit
assessments of municipal high-growth high-tech entrepreneurship policy. The framework …

Previous research calculates realised internal rates of return on angel investments but does
not estimate expected returns. We present the first estimates of expected returns on angel …