Evaluation of technology-based business proposals by venture capital investors - example of healthcare sector

Monika Walicka

Abstract


Venture capitalists (VCs) are willing to fund technology-based firms, but they have difficulty in identifying attractive and beneficial proposals. To understand well how VC can help to diffuse tech- nological knowledge to the market place, it was explored in this paper how venture capital companies evaluate technological business proposals. The relations of these business proposals were examined in the selection process adopted by venture capitalists. The results show that the potential return on investment, personality characteristics, such as the ability of the entrepreneura and the characteristics of a team were the most important selection criteria.

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DOI: http://dx.doi.org/10.17951/h.2014.48.3.371
Date of publication: 2015-05-23 19:36:34
Date of submission: 2015-05-23 17:23:06


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