Family Angels vs. Other Informal Investors

Family Business Review

Volumn 16, Issue 3, 2003, Pages 163-171

  Erikson, Truls ^a   Sørheim, Roger ^a   Reitan, Bjørnar ^b  

^a NORWEGIAN UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Norway)

^b NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84996225745     PISSN: 08944865     EISSN: None     Source Type: Journal    
DOI: 10.1177/08944865030160030201     Document Type: Article

References (27)

1. Barney, J.S., Busenizt, L., Fiet, J.O., & Moesel, D. (1989). The structure of venture capital governance: An organizational economic analysis of relations between venture capital firms and new ventures. Best Paper Proceedings by Academy of Management, Washington, D.C.
2. Coveney, P., & Moore, K. (1998). Business angels: Securing start up finance. Chichester: John Wiley & Sons.
3. Ehrlich, S., DeNoble, A., Moore, T., & Weaver, R. (1994). After the cash arrives: A comparative study of venture capital and private investor involvement in entrepreneurial firms. Journal of Business Venturing, 9(1), 67-82.
4. Fiet, J.O. (1991). Managing investments in specific information: A comparison of business angels and venture capital firms. Best Paper Proceedings by Academy of Management, Miami, FL.
5. Fiet, J.O. (1995). Risk avoidance strategies in venture capital markets. Journal of Management, 2(4), 551-574.
6. Freear, J., Sohl, J., & Wetzel, W. (1994). Angels and non-angels: Are there differences? Journal of Business Venturing, 9(2), 109-123.
7. Freear, J., Sohl, J., & Wetzel, W. (1995). Who bankrolls software entrepreneurs. In W. D. Bygrave, B. J. Bird, S. Birley, N. C. Churchill, M. G. Hay, R. H. Keeley, & W. E. Wetzel, Jr. (Eds.), Frontiers of entrepreneurship research (pp. 172-186). Wellesley, MA: Babson College, Center for Entrepreneurial Studies.
8. Gaston, R.J. (1989). Finding private venture capital for your firm: A complete guide. New York: John Wiley & Sons.
9. Haar, N.E., Starr, J., & MacMillan, I.C. (1988). Informal risk capital investors: Investments patterns on the east coast of the USA. Journal of Business Venturing, 3(1), 11-29.
10. Harrison, R.T., & Mason, C.M. (1992). International perspectives on the supply of informal venture capital. Journal of Business Venturing, 7(6), 459-475.
11. Jensen, M.C., & Meckling, W.H. (1976). Theory of the firm: Managerial behaviour, agency costs, and ownership structure. Journal of Financial Economics, 3(4), 305-360.
12. Landström, H. (1993). Informal risk capital in Sweden and some international comparisons. Journal of Business Venturing, 8(6), 525-540.
13. MacMillan, I.C., Kulow, D.M., & Kholian, R. (1989). Venture capitalists’ involvement in their investments: Extent and performance. Journal of Business Venturing, 4(1), 27-47.
14. Manigart, S., & Sapienza, H. (2000). Venture capital and growth. In D. Sexton & H. Landström (Eds.), Handbook of entrepreneurship (pp. 240-258). Oxford: Blackwell Publishers.
15. Mason, C., & Harrison, R. (1997). Business angels in the UK: A response to Stevenson and Coveney. International Small Business Journal, 15(2), 83-90.
16. Mason, C., & Harrison, R. (2000). Informal venture capital and the financing of emergent growth businesses. In D. Sexton & H. Landström (Eds.), Handbook of entrepreneurship. Oxford: Blackwell Publishers.
17. Mason, C., & Harrison, R. (2002). Is it worth it? The rates of return from informal venture capital investments. Journal of Business Venturing, 17(3), 211-236.
18. McConaughy, D.L., Matthews, C.H., & Fialko, A.S. (2001). Founding family controlled firms: Performance, risk, and value. Journal of Small Business Management, 39(1), 31-49.
19. Porter, M.E. (1980). Competitive strategy. New York: Free Press.
20. Porter, M.E. (1985). Competitive advantage. New York: Free Press.
21. Reitan, B., & Sørheim, R. (2000). The informal venture capital market in Norway- Investor characteristics, behaviour and preferences. Venture Capital: An International Journal of Entrepreneurial Finance, 2(2), 129-141.
22. Sørheim, R., & Landström, H. (2001). Informal investors - A categorization, with policy implications. Entrepreneurship & Regional Development, 13(4), 351-370.
23. Tacq, J. (1997). Multivariate analysis techniques in social science research: From problem to analysis. London: Sage.
24. Van Osnabrugge, M. (1998). Do serial and non-serial investors behave differently? An empirical and theoretical analysis. Entrepreneurship Theory & Practice, 22(4), 23-43.
25. Van Osnabrugge, M. (1999). A comparison of business angel and venture capitalists investment procedures: An Agency Theory-based analysis. BKERC, South Carolina.
26. Wetzel, W. (1983). Angels and informal risk capital. Sloan Management Review, 24(4), 23-34.
27. Winborg, J., & Landström, H. (2001). Financial bootstrapping in small businesses: Examining small business managers’ resource acquisition behaviours. Journal of Business Venturing, 16(3), 235-254.