Brusche, LA (2016) Gaps in academic literature on venture capitalists’ decision-making on funding for early-stage, high-tech ventures. Technology Transfer and Entrepreneurship, 3 (2). pp. 82-89. ISSN 2213-8099
Abstract
Recognizing venture capital as a crucial source of funds for life science start-ups, this review paper focuses on the academic literature on venture capitalists’ decision-making process on granting funding to early-stage, high-tech ventures. This review identified the following three issues: First, despite three dominant factors in venture capitalists’ decision-making process, which are identified to be the human, technological and financial aspects of the potential start-up, a great variety of further factors exists and generalization to a great extent is difficult. Secondly, little research has been conducted in Europe and little research employed inductive, qualitative methods. Thirdly, the latest study focusing on a ranking of the importance of decision-making factors for venture capitalists lies 29 years in the past and has been conducted with a North-American sample, leaving a gap for future research in Europe.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | This is an author produced version of a paper published in Technology Transfer and Entrepreneurship. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Decision-making, Early stage venture capital, High-tech entrepreneurs, High-tech firms, Life sciences, Venture capital |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 04 Feb 2016 12:38 |
Last Modified: | 08 Aug 2017 06:26 |
Published Version: | http://doi.org/10.2174/2213809903666160519141616 |
Status: | Published |
Publisher: | Bentham Publishing |
Identification Number: | 10.2174/2213809903666160519141616 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:94498 |