Promoting cross border investing by business angels in the European Union

Autor: Tiago Botelho, Joe Duggett, Colin Mason
Jazyk: angličtina
Rok vydání: 2022
Předmět:
ISSN: 0034-3404
Popis: The supply of entrepreneurial finance in Europe is constrained by the geographical fragmentation of its capital market. The need to facilitate more cross-border investing by business angels – the main source of early stage finance – is recognized. A study of business angels on the island of Ireland identifies three constraints on cross-border investing: (1) lack of information on cross-border investment opportunities; (2) the preference of angels to invest locally; and (3) tax incentives that are only available for investments in the angel’s own country. Increasing cross-border investment requires mechanisms that build relationships between business angels in different countries.
Databáze: OpenAIRE