Australia's informal venture capitalists : an exploratory profile

Hindle, Kevin and Wenban, Robert 1999, Australia's informal venture capitalists : an exploratory profile, Venture capital, vol. 1, no. 2, pp. 169-186, doi: 10.1080/136910699295956.

Attached Files
Name Description MIMEType Size Downloads

Title Australia's informal venture capitalists : an exploratory profile
Author(s) Hindle, Kevin
Wenban, Robert
Journal name Venture capital
Volume number 1
Issue number 2
Start page 169
End page 186
Publisher Routledge
Place of publication London, England
Publication date 1999-04
ISSN 1369-1066
Keyword(s) entrepreneurship
informal venture capital
new venture
investment behaviour
Summary In Australia, as elsewhere, finding and acquiring equity capital is one of the major problems facing start-up or growing entrepreneurial ventures. The informal venture capital market, comprising high net worth non-institutional private equity investors (or 'business angels') provides risk capital directly to new and growing businesses and has been shown to be considerably more significant than institutional providers as a source of finance for entrepreneurial businesses. Building upon research undertaken internationally, this study generated and evaluated data resulting from an investigation of 36 carefully screened Australian business angels. It focused upon three primary research questions: (i) Who are Australia's informal venture capitalists (business angels)? (ii) How do they behave? (iii) What are their investment criteria? The study initiates Australian angel research into the developing international continuum of informal venture capital research and can serve as the generator of empirically testable hypotheses for future research and theory development.
Language eng
DOI 10.1080/136910699295956
Field of Research 150399 Business and Management not elsewhere classified
Socio Economic Objective 910499 Management and Productivity not elsewhere classified
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©1999, Taylor & Francis
Persistent URL

Document type: Journal Article
Collections: Faculty of Business and Law
School of Management and Marketing
Connect to link resolver
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 0 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 464 Abstract Views, 43 File Downloads  -  Detailed Statistics
Created: Mon, 16 Aug 2010, 09:37:51 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact