Angel investors: Opportunity amidst chaos

Jensen, Mark

doi:10.1080/1369106022000024905

Cited by 9 publications

(4 citation statements)

References 2 publications

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“…As the groups capable to invest, the BA and potential ones are both considered wealthy, of which there is no quantity criteria. It has been shown that not all BA are as wealthy as envisioning according to the literature (Jensen, 2002). The traditional sense of BA possesses considerable personal wealth (Wetzel, 1981).…”

Section: The Influence On Investment Activitymentioning

confidence: 99%

Who is more likely to become business angels?

Ling²,

Wu³

et al. 2014

Journal of Entrepreneurship in Emerging Economies

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Purpose – The paper is aimed to obtain a clear understanding of influence factors that can increase the possibility to be business angels (BA). Design/methodology/approach – This study develops the 3A model in the Chinese context to design questionnaire, and 334 questionnaires are obtained via focus group sample and targeted snowball approach, and the multinomial logit analysis is used to test a serious of hypotheses. Findings – The paper confirmed that the entrepreneurial experience and wealth are determinants of investment for potential BA, and the wealth have both directly and indirectly positive influence on investment activity through risk preference, namely that richer people prefer risk which impel them to invest as BA. Research limitations/implications – There are two limitations in the paper: first, the macro environment in China has not been taken into consideration in the model; second, the source of the sample focuses on the developed cities in the middle and eastern of China, only reflect the characteristic of angels in these areas, which may somewhat diverges from the reality. Practical implications – The paper would contribute to form the policy which could promote the development of angel investment in China. Originality/value – This paper conducts a preliminary exploration of the factors that have impact on Chinese BA' investment activity based on current research.

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Section: The Influence On Investment Activitymentioning

confidence: 99%

Who is more likely to become business angels?

Ling²,

Wu³

et al. 2014

Journal of Entrepreneurship in Emerging Economies

View full text Add to dashboard Cite

show abstract

“…This is an interesting consideration given that a restriction on traditional opportunity and psychological stability might challenge IEOD and the entrepreneurial intentions (EIs) that follow. Concurrently, it could feasibly spur the disposition to act entrepreneurially in the future, by virtue of either the present inability to do so or the recognition that within perceived chaos lie new opportunities (Jafari-Sadeghi et al, 2021;Jensen, 2002).…”

Section: Ieod Cognitive Shocks and Intentions 741mentioning

confidence: 99%

“…Concurrently, it could feasibly spur the disposition to act entrepreneurially in the future, by virtue of either the present inability to do so or the recognition that within perceived chaos lie new opportunities (Jafari-Sadeghi et al. , 2021; Jensen, 2002).…”

Section: Introductionmentioning

confidence: 99%

The malleability of international entrepreneurial cognitions: a natural quasi-experimental study on voluntary and involuntary shocks

Clark

Pidduck

Tietz³

2022

IJEBR

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PurposeThe authors investigate the durability of international entrepreneurial cognitions. Specifically, they examine how advanced business education and the Covid-19 pandemic influence international entrepreneurial orientation disposition (IEOD), and subsequently entrepreneurial intentions (EIs), to better understand the psychological dynamics underpinning the drivers of international entrepreneurship.Design/methodology/approachAgainst the backdrop of emerging entrepreneurial cognition and international entrepreneurial orientation research, the authors theorize that both a planned business education intervention (voluntary) and an unforeseeable radical environmental (involuntary) change constitute cognitive shocks impacting the disposition and intention to engage in entrepreneurial efforts. The authors use pre- and post-Covid-19 panel data (n = 233) and uniquely identify the idiosyncratic cognitive effects of Covid-19 through changes in the OCEAN personality assessment.FindingsFindings demonstrate that when individuals' perceived psychological impact of Covid-19 is low, business education increases IEOD. Conversely, the effects of a strongly perceived Covid-19 impact reduce the risk-taking and proactiveness components of the IEOD scale. The authors trace the same effects forward to EIs.Research limitations/implicationsThis paper contributes to a greater understanding of the resilience of entrepreneurial dispositions through an empirical test of the IEOD scale and shows its boundary conditions under planned intervention as well as unplanned externally induced shock.Practical implicationsThe study offers a first benchmark to practitioners of the malleability of international entrepreneurial dispositions and discusses the potential to encourage international entrepreneurial behaviour and the individual-level dispositional risk posed by exogenous shocks.Originality/valueThe study uniquely employs a baseline measure of all our constructs pre-Covid-19 to discern and isolate the pandemic impact on entrepreneurial dispositions and intentions, responding to recent calls for more experimental designs in entrepreneurship research.

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“…minimum investment size and continued to shift their investment focus to later stage investments (Jensen, 2002;Sohl, 2003).…”

Section: Capital Marketmentioning

confidence: 99%