Promoting cross border investing by business angels in the European Union

Mason, C. , Botelho, T. and Duggett, J. (2022) Promoting cross border investing by business angels in the European Union. Regional Studies, 56(8), pp. 1391-1403. (doi: 10.1080/00343404.2021.1960961)

Abstract

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.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Mason, Professor Colin and Botelho, Tiago
• Authors: Mason, C., Botelho, T., and Duggett, J.
• College/School: College of Social Sciences > Adam Smith Business School > Management
• Journal Name: Regional Studies
• Publisher: Taylor & Francis
• ISSN: 0034-3404
• ISSN (Online): 1360-0591
• Published Online: 02 September 2021
• Copyright Holders: Copyright © 2021 The Authors
• First Published: First published in Regional Studies 56(8): 1391-1403
• Publisher Policy: Reproduced under a Creative Commons licence