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Angel Cognition and Active Involvement in BAN Governance and Management

Author

Listed:
  • Christophe Bonnet

    (EESC-GEM Grenoble Ecole de Management)

  • Laurence Cohen

    (Laboratoire de Recherche Magellan - UJML - Université Jean Moulin - Lyon 3 - Université de Lyon - Institut d'Administration des Entreprises (IAE) - Lyon)

  • Peter Wirtz

    (Laboratoire de Recherche Magellan - UJML - Université Jean Moulin - Lyon 3 - Université de Lyon - Institut d'Administration des Entreprises (IAE) - Lyon)

Abstract

The present research sets out to reach a better understanding of the determinants of Business Angels' active involvement in making BANs accomplish diverse functions and building cognitive resources and shared competencies. We propose a framework where angels' human capital and cognitive process (in terms of predictive vs. control-oriented behavior) are key in explaining their degree and type of involvement with diverse BAN activities. To test the related assumptions, we conducted a questionnaire survey with a regional French Business Angel Network.

Suggested Citation

  • Christophe Bonnet & Laurence Cohen & Peter Wirtz, 2015. "Angel Cognition and Active Involvement in BAN Governance and Management," Working paper serie RMT - Grenoble Ecole de Management hal-01182804, HAL.
  • Handle: RePEc:hal:gemwpa:hal-01182804
    Note: View the original document on HAL open archive server: https://univ-lyon3.hal.science/hal-01182804v1
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    References listed on IDEAS

    as
    1. Christophe Bonnet & Peter Wirtz & Christophe Haon, 2013. "Liftoff: when strong growth is predicted by angels and fuelled by professional venture funds," Revue de l'Entrepreneuriat, De Boeck Université, vol. 12(4), pages 59-78.
    2. Gérard Charreaux, 2008. "À la recherche du lien perdu entre caractéristiques des dirigeants et performance de la firme : gouvernance et latitude managériale," Working Papers CREGO 1080502, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    3. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
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    5. Christophe Bonnet & Peter Wirtz, 2011. "Investor Type, Cognitive Governance and Performance in Young Entrepreneurial Ventures: A Conceptual Framework," Post-Print halshs-00642737, HAL.
    6. Shaker A. Zahra & Igor Filatotchev, 2004. "Governance of the Entrepreneurial Threshold Firm: A Knowledge‐based Perspective," Journal of Management Studies, Wiley Blackwell, vol. 41(5), pages 885-897, July.
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    10. Gérard Charreaux & Peter Wirtz, 2006. "Gouvernance des entreprises," Post-Print hal-00384939, HAL.
    11. Wirtz, Peter, 2011. "The cognitive dimension of corporate governance in fast growing entrepreneurial firms," European Management Journal, Elsevier, vol. 29(6), pages 431-447.
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    Keywords

    business angels; BAN; Cognition; Human Capital; Involvement;
    All these keywords.

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