Tiago Botelho

University of East Anglia | UEA · Norwich Business School

Abstract The Autumn 2022 COP27 Conference of the Parties of the United Nations Framework Convention on Climate Change demonstrated that the need for a clear research and policy agenda to assist the financing of early stage Cleantech and green SMEs innovation and green practice adoption has never been greater. Green, cleantech innovators hold impor...

Addressing the growing need for sustainability, novel concrete solutions become increasingly popular for mitigating the negative environmental impacts found in cement production, such as high CO2 emissions output and raw materials overuse, providing conventional concrete products alternatives. The industry is lacking a common analytical framework f...

In a standard decision-making model for a game of chance, the best strategy is chosen based on the current state of the system under various conditions. There is however a shortcoming of this standard model, in that it can be applicable only for short-term decision-making periods. This is primarily due to not evaluating the dynamic characteristics...

Following economic instability after the Global Financial Crisis, the financing of small and medium-sized enterprise (SME) growth and productivity has become central to UK government policy for sustainable economic development, evidenced by the establishment of the British Business Bank and Regional Investment Funds. This paper considers demand-sid...

Entrepreneurs will play a critical role in developing the technological solutions to achieve a successful transition to net carbon zero. Their ability to develop these innovations into market ready products requires access to finance. Angels play a critical role in financing the start of the entrepreneurial pipeline. However, their actual and poten...

The onset of the coronavirus pandemic in early 2020 quickly gave rise to a concern that the resulting economic uncertainty would produce a collapse in angel investing. In view of the critical role that business angels play in financing the start of the entrepreneurial pipeline, a decline in their investment activity would have a negative effect on...

This paper addresses the question of how the informal learning processes of angel investors shape the way in which they assess new investment opportunities. Previous research has suggested that angels learn from their previous investment activity. However, the measurement of investment experience as a function of years of investing and number of in...

Objetivo. Este trabajo tuvo como objetivo evaluar el efecto de la pre-sincronización con progesterona (P4) por 3 y 6 días en vacas de raza Nelore en periodo de anestro posparto, sometidas a un programa de inseminación artificial a tiempo fijo (IATF). Materiales y métodos: Fueron utilizadas 74 vacas multíparas de raza Nelore con estado de condición...

The electric power industry is uniquely vulnerable to natural and human-made risks such as natural disasters, climate change, and cybersecurity. This study proposes a vulnerability assessment framework to identify and assess the risks associated with the electric power supply chain in the United Kingdom and study the causal relationship among them...

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 investi...

Although there are a handful of studies on business angel investment returns, the business angel literature has given little or no attention to exits and the exit strategy. This is surprising given that a primary objective of investing is to achieve a capital gain through some form of liquidity event. Using the theory of planned behaviour (TPB) as...

Tools established for managing information flow in supply chain management and logistics should match digital transformations. This issue is particularly salient for developing nations that hope to achieve sustainable development goals in a globalized era. Modern technologies are required to ensure a secure, transparent, and traceable path of infor...

The extent to which women participate in the angel investment market has become an important topic of research and policy interest. Based on UK survey data, we demonstrate that there are systematic but not unequivocal differences between women and men investors on a number of key investor and investment characteristics. We also report indicative ev...

The best-worst method (BWM) is a multiple criteria decision-making (MCDM) method for evaluating a set of alternatives based on a set of decision criteria where two vectors of pairwise comparisons are used to calculate the importance weight of decision criteria. The BWM is an efficient and mathematically sound method used to solve a wide range of MC...

This Enterprise Research Centre (ERC) research paper produced by Dr Robyn Owen and colleagues from the Centre for Enterprise and Economic Development Research (CEEDR), Middlesex University, University of East Anglia and SQW examines the relationship between SME access to finance, growth and productivity 2015-17. Drawing on an annual panel survey...

The business angel market is changing. Business angels are increasingly investing as part of organised and managed angel groups alongside other angels rather than on their own. This development has significant implications for research, challenging the traditional definition of a business angel, changing the characteristics of investments made by b...

More than a decade after the Global Financial Crisis (GFC) of 2007–08, entrepreneurial finance has exhibited enormous changes, notably in the rise of alternative nonbank financing. This has been most acutely experienced in the provision and delivery of early stage and innovative business finance—the focus of this special issue. The ensuing innovati...

Business angels (BAs) are recognized as playing a significant role in stimulating entrepreneurial activity. With the decline in both bank lending and venture capital investment since the onset of the global economic crisis, government efforts to stimulate BA activity have become a more significant component in strategies to increase the level of en...

The debate on patient capital, particularly in the varieties of capitalism literature, concentrates on institutions and public markets. In this paper, we take an entrepreneurial finance perspective to examine the investment attitudes and behaviours of business angels. These represent the biggest source of external risk capital for new and young gro...

Business angel investing – a key source of finance for entrepreneurial businesses – is rapidly evolving from a fragmented and largely anonymous activity dominated by individuals investing on their own to one that is increasingly characterised by groups of investors investing together through managed angel groups. The implications of this change hav...

A major focus of research on business angels has examined their decision-making processes and investment criteria. As business angels reject most opportunities they receive, this article explores the reasons informing such decisions. In view of angel heterogeneity, investment opportunities might be expected to be rejected for differing reasons. Two...

The ultimate purpose of investing in an entrepreneurial business is to achieve a financial return. Yet there is little discussion in the entrepreneurial finance literature on the exit process and only limited evidence on returns. This chapter focuses on business angels. It argues that the main challenge for business angels is in achieving an exit....

The exit process has been largely ignored in business angel research.. The practitioner community identifies the difficulty in achieving exits as the most pressing problem for investors. This has been attributed to the failure of investors to adopt an exit-centric approach to investing. The validity of this claim is examined via a study of the inve...

Business angel investing – a key source of finance for entrepreneurial businesses – is evolving from a fragmented and largely anonymous activity dominated by individuals investing on their own to one that is increasingly characterised by groups of investors investing together through managed angel syndicates. The implications of this change have be...

Cada mercado tem as suas características próprias que o torna genuíno e que o aproxima de determinada estrutura, identificar qual é a estrutura que melhor caracteriza um mercado é um exercício composto por varias etapas, sendo que nesta dissertação proponho-me a realizar alguns exercícios para identificar qual a melhor estrutura que caracteriza o m...