Informal Venture Capital

Investors, Investments and Policy Issues in Finland

  • Annareetta Lumme
  • Colin Mason
  • Markku Suomi

Table of contents

  1. Front Matter
    Pages i-xv
  2. Entrepreneurship and Venture Capital

    1. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 1-20
  3. Informal Venture Capital in Finland: Investors and Investments

    1. Front Matter
      Pages 21-21
    2. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 23-28
    3. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 29-34
    4. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 35-40
    5. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 41-51
    6. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 53-57
    7. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 59-67
    8. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 69-74
    9. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 75-84
    10. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 85-93
    11. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 95-100
  4. Policy Issues

    1. Front Matter
      Pages 101-101
    2. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 103-108
    3. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 109-132
    4. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 147-153
    5. Annareetta Lumme, Colin Mason, Markku Suomi
      Pages 155-163
  5. Back Matter
    Pages 165-178

About this book

Introduction

Small businesses in virtually all industrialized countries find it increasingly difficult to obtain finance from institutional sources. Banks have become more risk-averse; venture capital funds, previously of only marginal significance, are now often concentrating their investments on established companies; and management buyouts and buyins and pressures to reduce government spending have resulted in a reduction in public policy initiatives. In this context there is a growing interest in the role of the informal venture capital market as an alternative source of risk finance for small business.
Informal Venture Capital: Investors, Investments and Policy Issues in Finland investigates the phenomenon of `business angels' - wealthy private individuals who invest in small businesses - who are increasingly recognized throughout the developed world as representing the most important source of venture capital for entrepreneurial businesses in their start-up and early growth stages. This volume answers key questions about these investors, and contributes significant new evidence on aspects of the informal venture capital market which have not been examined in previous studies. It further provides an authoritative assessment of the effectiveness of policy initiatives to stimulate the supply of informal venture capital, based on the experiences in Finland.

Keywords

Buyout Finance Funds Investment Investments Rating Venture Capital

Authors and affiliations

  • Annareetta Lumme
    • 1
  • Colin Mason
    • 2
  • Markku Suomi
    • 3
  1. 1.Kera Ltd.UK
  2. 2.University of SouthamptonUK
  3. 3.Helsinki University of TechnologyFinland

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4757-2785-2
  • Copyright Information Springer-Verlag US 1998
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4419-5028-4
  • Online ISBN 978-1-4757-2785-2
  • About this book
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