Publication detail

Informal Venture Capital in the Czech Republic: An Empirical Study

ZINECKER, M. KOPPITZ, D. REŽŇÁKOVÁ, M.

Original Title

Informal Venture Capital in the Czech Republic: An Empirical Study

Type

conference paper

Language

English

Original Abstract

Business angel investments are considered to be the most important source of early-stage equity capital for small- and medium-sized enterprises in the US as well as in some other West European countries. In the Czech Republic, it is difficult to obtain any estimates of business angels activities. In order to encourage the development of the market, this explorative survey addresses filling the existing survey gap concerning the following characteristics of the Czech informal venture capital market: Who is a typical business angel in this market? What industries do the BAs invest in? What is their experience with partners, i.e. investee enterprises, universities, technology parks, business angels networks, venture capital funds etc.? What are their key motives for conducting venture capital investments? In many aspects, the findings of this study conform to the results of previous studies carried out within the conditions of developed markets. In other aspects, however, they show certain differences.

Keywords

Venture Capital, Business Angels, Supporting Start-Ups, Central and Eastern Europe

Key words in English

Rizikový a rozvojový kapitál, soukromí investoři, inovativní podnikání, střední a východní Evropa.

Authors

ZINECKER, M.; KOPPITZ, D.; REŽŇÁKOVÁ, M.

RIV year

2012

Released

28. 12. 2012

Publisher

WSEAS Press

Location

Montreux, Switzerland

ISBN

978-1-61804-148-7

Book

Mathematical Methods for Infromation Science and Economics

Edition

1

Edition number

1

Pages from

261

Pages to

266

Pages count

6

BibTex

@inproceedings{BUT97502,
  author="Marek {Zinecker} and David {Koppitz} and Mária {Režňáková}",
  title="Informal Venture Capital in the Czech Republic: An Empirical Study",
  booktitle="Mathematical Methods for Infromation Science and Economics",
  year="2012",
  series="1",
  number="1",
  pages="261--266",
  publisher="WSEAS Press",
  address="Montreux, Switzerland",
  isbn="978-1-61804-148-7"
}