Title :
Decision criteria used by investors to screen technology-based ventures
Author :
Bachher, Jagdeep S. ; De León, Enrique Díaz ; Guild, Paul D.
Author_Institution :
Dept. of Manage. Sci., Waterloo Univ., Ont., Canada
Abstract :
The authors investigate the decision-making criteria used by Canadian business angels, and venture capitalists to screen investment proposals from early stage technology-based ventures. This paper summarizes the main areas of interest to the investors when screening proposals for the first time. They found evidence that business angels focus on the characteristics of the venture offering and venture capitalists (PVCs and PVCFs) are primarily interested in understanding the characteristics of the entrepreneur(s) at the screening stage
Keywords :
commerce; investment; research and development management; Canada; R&D management; business angels; decision-making criteria; entrepreneur characteristics; investment decision criteria; technology-based ventures screening; venture capitalists; venture offering characteristics; Business; Commercialization; Decision making; Finance; Innovation management; Investments; Proposals; Technological innovation; Technology management; Venture capital;
Conference_Titel :
Management of Engineering and Technology, 1999. Technology and Innovation Management. PICMET '99. Portland International Conference on
Conference_Location :
Portland, OR
Print_ISBN :
1-890843-02-4
DOI :
10.1109/PICMET.1999.787815
