An Analysis of Business Angels in Scotland And Poland

Michael Danson, Ewa Helinska-Hughes, Stuart Paul, Geoff Whittam and Michael Hughes
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Michael Danson: Paisley Business School, Scotland, UK
Ewa Helinska-Hughes: Paisley Business School, Scotland, UK
Stuart Paul: Paisley Business School, Scotland, UK
Geoff Whittam: Paisley Business School, Scotland, UK
Michael Hughes: University of Aberdeen Business School, Aberdeen, Scotland, UK

Zagreb International Review of Economics and Business, 2006, vol. 9, issue Special Conference Issue, 61-80

Abstract: Business Angels are private individuals (or syndicates) who supply venture capital to businesses, mainly small start-up firms, in an informal investment market setting. This paper presents a preliminary analysis from the first phase of a research project that explores the emergence of Business Angels in the new EU member states of Central and Eastern Europe. It focuses on case studies conducted in Poland, and examines the role and function of Business Angels in the context of a transition economy.

Keywords: business angels; venture capital; Scotland; transition economies; Poland; SMEs. (search for similar items in EconPapers)
JEL-codes: M13 R11 (search for similar items in EconPapers)
Date: 2006
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