{"product_id":"informal-venture-capital-in-central-and-southern-europe-von-simone-sallustio","title":"Informal Venture Capital in Central and Southern Europe","description":"\u003cp\u003eWhat are the financial returns achieved by business  angel investors? Which due diligence procedures do they normally  undertake prior to their investment decisions? What is their value-add to the start-up companies  they invest in? Previous venture capital literature has struggled to  find clear answers to these questions - due to lack  of relevant public data and difficulty in  approaching high-net-worth individuals. By relying on a sample of 136 business angels who  carried out 296 investments and realized a total of  133 exits, this study carries out a comprehensive,  international comparison of informal investors''  characteristics and practices across Italy, Spain  and Switzerland. The research investigates the  impact of socio-economic factors on business angels''  behaviour and financial performance, deriving  important implications for investors'' associations  and policy-makers. A number of recommendations is  developed to help governments design effective  incentive structures and foster the development of  an early-stage financing market in Europe.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783844327939\"\u003e\u003ch3\u003eA survey of 296 business angels'' investments\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783844327939","offer_id":39495920222301,"sku":"9783844327939","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/151df766-f561-4181-b876-bed9654c2a98.jpg?v=1775194920","url":"https:\/\/shop.autorenwelt.de\/products\/informal-venture-capital-in-central-and-southern-europe-von-simone-sallustio","provider":"Autorenwelt Shop","version":"1.0","type":"link"}