JEL classification code: G240.
Inexpert business angels: how even investors with ‘nothing to add’ can add value†
Article first published online: 10 NOV 2011
Copyright © 2011 John Wiley & Sons, Ltd.
Special Issue: Improving Profitability with Entrepreneurial Finance
Volume 20, Issue 7-8, pages 269–278, November 2011
How to Cite
Macht, S. A. (2011), Inexpert business angels: how even investors with ‘nothing to add’ can add value. Strat. Change, 20: 269–278. doi: 10.1002/jsc.900
- Issue published online: 10 NOV 2011
- Article first published online: 10 NOV 2011
Business angels, whose experience or knowledge seems not relevant to their investee businesses, can offer valuable involvement if they engage in ‘soft’ (people-centered) activities, as opposed to ‘hard’ (task-centered) activities.