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Advisory Boards in Startups : Investigating the Roles of Advisory Boards in German Technology-Based Startups
by Eric Weber
Overview
The author shows that advisory boards in technology-based startups have seven different roles and functions: control, advice, networking, signalling, capital provision, co-management, coordination. It is shown that venture capital investors try to influence the importance of these roles in favour of control, coordination and co-management. Contrary to this, the satisfaction of founders as well as advisory board members increases with a higher importance of advice, networking and signalling. This analysis provides both qualitative and quantitative empirical data on the usage of those boards in practice.
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Details
- ISBN-13: 9783658153397
- ISBN-10: 3658153393
- Publisher: Springer Gabler
- Publish Date: September 2016
- Dimensions: 8.27 x 5.83 x 0.55 inches
- Shipping Weight: 0.7 pounds
- Page Count: 244
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