Lack of Cross-Border Investing by Business Angels Harmful to Innovation

The EU lags behind both the US and China in its number of high growth entrepreneurial firms (HGFs). These firms play a critical role in economic development as sources of innovation, investment and employment.
New research on business angels identifies potential causes for this lag and offers some solutions. Colin Mason, Professor of Entrepreneurship at the University of Glasgow, Dr Tiago Botelho, University of East Anglia and Joe Duggett of consultants SQW focussed their recent research work on the island of Ireland.