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Finanzierung von jungen Unternehmen in Deutschland durch Privatinvestoren: Auswertungen aus dem KfW/ZEW Gründungspanel. Projektbericht

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  • Egeln, Jürgen
  • Gottschalk, Sandra

Abstract

Die Studie „Finanzierung von jungen Unternehmen in Deutschland durch Privatinvestoren“ untersuchte das Ausmaß des Engagements von Business Angels. Die Ergebnisse basieren auf Informationen aus der Befragung von jungen Unternehmen im Rahmen des KfW/ZEW-Gründungspanels: Bei gut 4 % der jungen Unternehmen der Gründungsjahrgänge 2009 bis 2012 aus den Hightech-Branchen des verarbeitenden Gewerbes und des Dienstleistungssektors engagieren sich Business Angels. In den nicht zum Hightech-Sektor zählenden Branchengruppen sind die Anteile der Unternehmen mit einem Engagement von Business Angels zwar etwas kleiner als in den Hightech-Branchen, wegen der erheblich größeren Gründungszahlen in diesen Branchen werden allerdings rund acht Mal so viele Unternehmen aus Nicht-Hightech-Branchen von Business Angels unterstützt wie in den Hightech-Branchen.

Suggested Citation

  • Egeln, Jürgen & Gottschalk, Sandra, 2014. "Finanzierung von jungen Unternehmen in Deutschland durch Privatinvestoren: Auswertungen aus dem KfW/ZEW Gründungspanel. Projektbericht," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 110576.
    • Handle: RePEc:zbw:zewexp:110576
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    References listed on IDEAS

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    1. Heinrich Stedler & Hans Peters, 2003. "Business angels in Germany: An empirical study," Venture Capital, Taylor & Francis Journals, vol. 5(3), pages 269-276.
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    Cited by:

    1. Pellens, Maikel & Licht, Georg, 2017. "Business angels: Crucial elements of the European financial ecosystem," ZEW policy briefs 5/2017, ZEW - Leibniz Centre for European Economic Research.
    2. Florian Follert, 2019. "Asymmetrische Informationsverteilung im Rahmen der Gründungsfinanzierung - eine spieltheoretische Analyse am Beispiel der Höhle der Löwen," ZfKE – Zeitschrift für KMU und Entrepreneurship, Duncker & Humblot, Berlin, vol. 67(2), pages 91-112.

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