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

fYear

1999

fDate

36373

Firstpage

269

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;

fLanguage

English

Publisher

ieee

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

Type

conf

DOI

10.1109/PICMET.1999.787815

Filename

787815