In this dissertation, it was shown that Business Angels have the relevant prerequisites or what may
refer to the ability in providing funding as well as business expertise; in so doing BAs create
a potential platform that may assist to overcome all the above mentioned difficulties.
Moreover, in this dissertation the researcher set out to investigate the benefits associated with
BAs post-involvement activities. At the same time the study shows whether BAs assist start
up businesses in United Kingdom overcome the difficulties posed by financial as well as
human capital impediments that they often succumb to. In this regard, the dissertation builds
on other work done by Munck and Saublens (2005) and especially paying attention to the
different experiences for start up businesses (small enterprises) that have been involved with
BAs. The dissertation also opens by capturing the research gaps identified here above prior to
introducing an evaluation of BAs’ benefits. Further, the methodology is discussed prior to the
main discussion of the findings. In the conclusion, the research evaluates the benefits of post involvement of BAs to investee companies among other issues as highlighted in the
objectives and hypotheses of the study.
Table of Contents
CHAPTER 1: INTRODUCTION
1.1 Background of the Study
1.2 Research Problem
1.3 Aims of the Research
1.4 Research Questions
1.5 Research Objectives
1.6 Hypotheses
1.7 Scope of the Research
1.8 Importance of the Research
1.9 Research Methodology
1.10 Structure of the Dissertation
1.11 Chapter Summary
CHAPTER 2: LITERATURE REVIEW
2.1 Business Angels and SMEs
2.2 Business angels Benefits to Investee Companies
2.2.1 Helping to Overcome Funding Difficulties
2.2.2 Involvement
2.2.3 Provision of Contacts
2.2.4 Facilitation of Further Funding
2.3 Evaluation of Past Methodologies on Post-Involvement of Business Angels
2.4 Value Added Contributions by Business Angels
2.5 Supervision and Monitoring Role
2.6 Resource Acquisition Role
2.7 Mentoring Role
2.8 Business Angels as Facilitators for Further Finance
2.9 Conceptual Framework
2.10 Summary
CHAPTER 3: METHODOLOGY
3.1 Introduction
3.2 Overview of the Research
3.2.1 Research objectives
3.2.2 Hypotheses
3.3.3 Research Approach
3.3 Research Philosophy
3.4 Research Design
3.5 Research Strategies
3.6 Research Time Horizon
3.7 Sample Population
3.8 Research Instrument and Data Collection Method
3.9 The Quantitative and Quantitative Aspects
3.10 Data Analysis and Interpretation Method
3.11 Limitations of the Study
3.12 Validity and Reliability
3.13 Ethical Considerations
3.14 Summary
CHAPTER 4: DATA RESULTS, ANALYSIS AND DISCUSSION
4.1 Introduction
4.2 Quantitative Data
4.2.1 Questionnaire Analysis
4.2.2.1 T-Tests
4.2.2.2 Correlations
4.3 Qualitative Data: Interview Analysis
4.4 Discussion: Linked with Research Objectives
4.4.1 BAs Post Involvement and Financial Stability
4.4.2 BAs Post-Investment Involvement and Investment Sustainability
4.4.3 BAs Enhance Business Partnerships
4.4.4 BAs Involvement and Successful Management and Leadership
4.5 Summary
CHAPTER 5: CONCLUSION AND RECOMMENDATIONS
5.1 Introduction
5.2 Conclusion
5.3 Overview of the Study
5.4 Major Findings of the Study
5.5 Recommendations
5.6 Reflection
5.7 Future Research
Research Objectives and Themes
This study aims to investigate the impact of post-investment involvement by Business Angels on the commercial performance of UK-based start-ups. It seeks to determine if their involvement enhances financial stability, leadership, and business partnerships, while also evaluating the nature of the support provided to these SMEs.
- Contribution of Business Angels to SME management and leadership.
- Role of Business Angels in financial support and investment sustainability.
- Enhancement of business partnerships through Business Angel networks.
- Exploration of the specific types and functions of post-investment involvement.
Excerpt from the Book
2.2.2 Involvement
Apart from their financial investment, business angels provide post-investment support ((Landström, 1993), commonly known as value addition after investment (Baeyens and Manigart, 2006). According to Sapienza et al., (1996) they call it assistance while Fried and Hisrich, (1988) refer to it as contribution. Preceding research has tried to group BAs’ participation into internally similar collections of activities; most frequent activities are categorized as passive or active ( Ardichvili et al., 2002). According to Sapienza et al. (1996) description, passive participation or hands-off method is only providing the financial investment. On the other hand, active or hands-on participation defines the investor as providing non-financial assistance to the investee firm. The relation between active and passive participation are indistinct due to the fact that some academics consider passive involvement to entail monitoring of financial resources, monitoring management reports and participation in strategic matters for instance the provision of strategic instruction or performing as a specialists , advisors or coaches.
Summary of Chapters
CHAPTER 1: INTRODUCTION: Outlines the background, research problems, aims, and objectives regarding the impact of Business Angels on small enterprise performance in the UK.
CHAPTER 2: LITERATURE REVIEW: Analyzes the roles of Business Angels, their value-added contributions, and existing theoretical frameworks concerning their post-investment involvement.
CHAPTER 3: METHODOLOGY: Details the mixed-methods research design, including the use of surveys and interviews to gather data on the research hypotheses.
CHAPTER 4: DATA RESULTS, ANALYSIS AND DISCUSSION: Presents findings from quantitative questionnaire data and qualitative interview analysis regarding the effectiveness of Business Angel involvement.
CHAPTER 5: CONCLUSION AND RECOMMENDATIONS: Synthesizes the research findings, concludes on the impact of Business Angels on firm performance, and provides practical recommendations for SMEs.
Keywords
Business Angels, SMEs, Post-investment involvement, Commercial performance, Financial stability, Investment sustainability, Venture capital, Start-up business, Mentoring, Resource acquisition, Strategic management, UK enterprises, Informal venture capital, Business partnership, Entrepreneurship
Frequently Asked Questions
What is the core focus of this dissertation?
The dissertation examines the impact of the post-investment involvement of Business Angels on the commercial performance, growth, and sustainability of start-up businesses in the United Kingdom.
What are the primary themes explored in the research?
Key themes include the role of Business Angels in providing financial backing, strategic guidance, managerial expertise, networking contacts, and mentoring support to SME investees.
What is the main research objective of this work?
The primary objective is to assess how Business Angels contribute to management, leadership, and investment sustainability, and to determine if their involvement is a significant factor in overcoming the performance challenges faced by start-ups.
Which research methodology was employed?
The study utilizes a mixed-methods research design, incorporating both quantitative surveys (questionnaires) and qualitative data (semi-structured interviews) to provide a comprehensive analysis.
What topics are covered in the main body of the work?
The main sections cover the literature review on Business Angel roles, the methodology for data collection, the statistical and qualitative analysis of findings, and a discussion linking these findings to the research objectives.
Which keywords define this study?
The study is characterized by terms such as Business Angels, SME performance, post-investment involvement, financial stability, and strategic management.
How does the study define the "leveraging effect" of Business Angels?
The study describes the "leveraging effect" as the capacity of Business Angels to generate confidence in a venture, thereby expanding its credibility and increasing its possibilities for securing further financing from banks or other sources.
What distinction does the author make between "active" and "passive" Business Angels?
The author identifies "passive" involvement as primarily limited to providing financial capital, whereas "active" involvement includes non-financial support such as management participation, providing expertise, and monitoring venture performance.
How do the findings characterize the impact of Business Angels during the global financial crisis?
Interviewed managers noted that Business Angels provided critical support during the financial crisis by injecting capital, offering strategic guidance, and helping companies maintain market positioning when traditional banks were reluctant to lend.
- Arbeit zitieren
- Hillary Mwendwa (Autor:in), 2013, The impact of post involvement of Business Angels on the commercial performance of start up businesses, München, GRIN Verlag, https://www.hausarbeiten.de/document/269365
