Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2021.1890179
Business angels in the Czech Republic: characteristics and a classification with policy implications
Marek Zinecker
Martina Skalicka
Adam P. Balcerzak
Michał Bernard Pietrzak
Sažetak
There is a lack of knowledge regarding the profiles of Czech business angels. In this article, we intend to contribute the empirical
evidence in regard to identifying a ‘typical’ business angel profile
in the Czech Republic. Using a unique dataset containing survey
gained data on informal venture capitalists, we show that angel
investors share many of the characteristics reported for welldeveloped markets. They are usually males, middle aged, with
high school backgrounds and further educational achievements in
MBA courses. They are trained or experienced in entrepreneurship
or have the status as a hired or owner manager in a firm.
Furthermore, the ICT is the most targeted industry amongst business angels. Similar to their foreign counterparts, they are financially well-off, although we have to differentiate in regard to age
categories. Co-operation with other BAs is a very common channel how the deal flow is facilitated. BAs are ‘hands-on’ investors
in the sense they provide investee companies with advice,
insights, knowledge. The implications from this study indicate
that measures focused on data gathering have to be implemented in order to systematically analyse the market and apply
problem-driven policies.
Ključne riječi
business angels; venture capital; investment; survey; policy implications; emerging market
Hrčak ID:
301832
URI
Datum izdavanja:
31.3.2023.
Posjeta: 212 *