This study examined the impact of distance on business angel investing in the UK. It identified a number of significant relationships between deal characteristics and the distance between the investor and the business. Investments in technology-based ventures, those involving co-investors and...

Writing in Small Business Economics Scott Shane argues that policy-makers should stop subsidising start-ups and instead focus on supporting the small subset of new businesses with high growth potential. However, both Shane and other scholars who have made the same argument only offer broad-brush...