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E-grāmata: Handbook of Research on Business Angels

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Business angels are recognized as playing a key role in financing the start-up and early stages of new ventures. However, our knowledge of how business angels operate remains limited and highly fragmented. This Handbook provides a synthesis of research on business angels. It adopts an international perspective to reflect the spread of angel investing around the world. The increasing number of government initiatives to promote angel investing is also reflected in the book with an assessment of the most common support schemes.

Adopting an international focus, the expert group of contributors examine business angels themselves; the evolution of the market; the various stages of the investment process and the role of public policy in influencing angel investment. They each conclude their chapters with an agenda for future research on business angels.

Students and scholars of entrepreneurship, entrepreneurial finance, and related subjects will find this book to be an invaluable resource to their work.In particular, they will benefit from the research agendas that that concludes each chapter This Handbook will also be of interest to policy-makers and other practitioners looking to enhance their understanding of the design and need for such interventions.

Contributors include: F.M. Amatucci, M. Atienza, S. Avdeitchikova, T. Botelho, C. Carpentier, V. Collewaert, L. Hornuf, H. Keinonen, T. Lahti, H. Landström, D. Lingelbach, M. Liu, C. Mason, A. Maxwell, D. Politis, G. Romani, W. Scheela, A. Schwienbacher, J.-M. Suret, R. Sųrheim, Y. Tan, J. Wang

Recenzijas

'The Handbook of Research on Business Angels provides an excellent summary of the state of the art in angel investing. With all the articles compiled within the unifying theme of the latest business angel research the Handbook is a must read for academics, policymakers and anyone who wishes to gain an in depth understanding the current thoughts and trends in business angel investing.' --Jeffrey E. Sohl, University of New Hampshire'The Handbook of Research on Business Angels provides an up-to-date overview of important topics in business angel research. It explores novel areas, such as research on business angels in emerging economies, and how crowd investing relates to business angels. This volume is a must-read for anyone considering to start research on business angels.' --Sophie Manigart, Ghent University, Belgium

'It is not possible for government to have a coherent and integrated innovation/enterprise policy without supporting new venture finance and, critically, business angels. Landstrom and Mason's timely compendium of our evolving research knowledge takes us significantly closer to knowing ''the unknown and unknowable''. Its inclusive world perspective embracing developed and emerging economies is particularly welcome. Similarly, analyses of women investors, tax incentives, BA Networks, and the potential importance of 'equity crowdfunding' are each central to our understanding. This Handbook is of material value to scholars and policy/practitioners alike.' --Gordon Murray, University of Exeter, UK

List of contributors
vii
1 Business angels as a research field
1(24)
Hans Landstrom
Colin Mason
PART I THE CHARACTERISTICS OF BUSINESS ANGEL MARKETS
2 Researching business angels: definitional and data challenges
25(28)
Colin Mason
3 The economic significance of business angels: toward comparable indicators
53(23)
Sofia Avdeitchikova
Hans Landstrom
4 Categorisations of business angels: an overview
76(16)
Roger Sørheim
Tiago Botelho
5 Women business angels: theory and practice
92(23)
Frances M. Amatucci
PART II THE BUSINESS ANGEL INVESTMENT PROCESS
6 Investment decision-making by business angels
115(32)
Andrew Maxwell
7 Business angels as smart investors: a systematic review of the evidence
147(29)
Diamanto Politis
8 Angel--entrepreneur relationships: demystifying their conflicts
176(25)
Veroniek Collewaert
PART III INTERNATIONAL DIMENSIONS
9 Business angels in China: characteristics, policies and international comparison
201(32)
Jiani Wang
Yi Tan
Manhong Liu
10 Business angels in emerging economies: Southeast Asia
233(23)
William Scheela
11 Business angels in sub-Saharan Africa
256(26)
David Lingelbach
12 Business angels in developing economies: the experience of Latin America
282(45)
Gianni Romani
Miguel Atienza
PART IV POLICY ISSUES
13 The effectiveness of tax incentives for business angels
327(27)
Cecile Carpentier
Jean-Marc Suret
14 Business angel networks: a review and assessment of their value to entrepreneurship
354(27)
Tom Lahti
Henrik Keinonen
PART V NEW DEVELOPMENTS
15 Crowdinvesting: angel investing for the masses?
381(18)
Lars Hornuf
Armin Schwienbacher
Index 399
Edited by Hans Landström, Professor Emeritus in Business Administration, Lund University, Sweden and Colin Mason, Professor of Entrepreneurship, Adam Smith Business School, University of Glasgow, UK