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Angel investing in China: group decision-making and the role of social contagion

Research output: Contribution to conference - Without ISBN/ISSN Conference paperpeer-review

Published

Standard

Angel investing in China : group decision-making and the role of social contagion. / Xiao, Li; Steier , LIoyd.

2019. Paper presented at RENT XXXIII - Research in Entrepreneurship and Small Business, Berlin, Germany.

Research output: Contribution to conference - Without ISBN/ISSN Conference paperpeer-review

Harvard

Xiao, L & Steier , LI 2019, 'Angel investing in China: group decision-making and the role of social contagion', Paper presented at RENT XXXIII - Research in Entrepreneurship and Small Business, Berlin, Germany, 27/11/19 - 29/11/19.

APA

Xiao, L., & Steier , LI. (2019). Angel investing in China: group decision-making and the role of social contagion. Paper presented at RENT XXXIII - Research in Entrepreneurship and Small Business, Berlin, Germany.

Vancouver

Xiao L, Steier LI. Angel investing in China: group decision-making and the role of social contagion. 2019. Paper presented at RENT XXXIII - Research in Entrepreneurship and Small Business, Berlin, Germany.

Author

Xiao, Li ; Steier , LIoyd. / Angel investing in China : group decision-making and the role of social contagion. Paper presented at RENT XXXIII - Research in Entrepreneurship and Small Business, Berlin, Germany.

Bibtex

@conference{6a47a826938d4bc9afc57b61cf7c274e,
title = "Angel investing in China: group decision-making and the role of social contagion",
abstract = "We explore the interplay between traditional evaluation criteria and social contagion in affecting investing behaviors and decisions of groups{\textquoteright} investors. Using in-depth data from a 26-month inductive field study of angel investing groups, we build a grounded model of underlying contagion effects on investing decisions. We ascertain three dimensions of a group{\textquoteright}s credibility - collective analysis, collective fits, and professional structure, which encourage investors to appreciate gut feel and follow the earlier decisions of others. Moreover, our data suggest three factors – intrinsic quality, uncertainty, and personal traits – that moderate social contagion effects on investing behaviors and decisions. ",
author = "Li Xiao and LIoyd Steier",
year = "2019",
month = nov,
day = "27",
language = "English",
note = "RENT XXXIII - Research in Entrepreneurship and Small Business, RENT XXXIII ; Conference date: 27-11-2019 Through 29-11-2019",
url = "http://www.rent-research.org/rent-2019",

}

RIS

TY - CONF

T1 - Angel investing in China

T2 - RENT XXXIII - Research in Entrepreneurship and Small Business

AU - Xiao, Li

AU - Steier , LIoyd

PY - 2019/11/27

Y1 - 2019/11/27

N2 - We explore the interplay between traditional evaluation criteria and social contagion in affecting investing behaviors and decisions of groups’ investors. Using in-depth data from a 26-month inductive field study of angel investing groups, we build a grounded model of underlying contagion effects on investing decisions. We ascertain three dimensions of a group’s credibility - collective analysis, collective fits, and professional structure, which encourage investors to appreciate gut feel and follow the earlier decisions of others. Moreover, our data suggest three factors – intrinsic quality, uncertainty, and personal traits – that moderate social contagion effects on investing behaviors and decisions.

AB - We explore the interplay between traditional evaluation criteria and social contagion in affecting investing behaviors and decisions of groups’ investors. Using in-depth data from a 26-month inductive field study of angel investing groups, we build a grounded model of underlying contagion effects on investing decisions. We ascertain three dimensions of a group’s credibility - collective analysis, collective fits, and professional structure, which encourage investors to appreciate gut feel and follow the earlier decisions of others. Moreover, our data suggest three factors – intrinsic quality, uncertainty, and personal traits – that moderate social contagion effects on investing behaviors and decisions.

M3 - Conference paper

Y2 - 27 November 2019 through 29 November 2019

ER -