The Business Angel, Being Both Skilled and Decent

Tancredi Pascucci (), Brizeida Raquel Hernàndez Sànchez and Josè Carlos Sànchez Garcìa
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Tancredi Pascucci: Psychology Department, Uninettuno University, Corso Vittorio Emanuele II, 39, 00186 Rome, Italy
Brizeida Raquel Hernàndez Sànchez: Department of Psychology, University of Valladolid, C/Plaza de Santa Cruz, 8, 47002 Valladolid, Spain
Josè Carlos Sànchez Garcìa: Department of Social Psychology and Anthropology, Faculty of Psychology, University of Salamanca, Avenida de la Merced, 109, 37005 Salamanca, Spain

Administrative Sciences, 2024, vol. 14, issue 11, 1-22

Abstract: In this review, we explore the scientific landscape regarding Business Angels (BAs), a person who decides to offer their skills to improve the community where they live, distinguishing the different ways in which it is possible to contribute. This systematic review starts with a precise definition of what a BA is in terms of goals, strategies, and intervention area, which could be in social, environmental, technological, or educational areas, differentiating a BA from other kinds of stakeholders, revealing some precise influences due to different cultures or entrepreneurial ecosystems. We are talking about a person who is authoritative not only in terms of competence, knowledge, and skills but who is also noteworthy in terms of moral stature and accountability. We used three databases, SCOPUS, WOS, and EBSCO, using VosViewer to create cluster mapping to differentiate the various areas of research on this topic. We revealed three clusters, namely Business Angel, entrepreneurship, and venture capital, that clarify different facets of the construct. BA activities are very different from conventional strategies and protocols. BAs can operate in innovative areas, bring their own technologies to improve capabilities, handle projects related to sustainability and innovation, and even address social functions and social cohesion.

Keywords: business angel; community psychology; empowerment (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2024
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