Advisory boards in startups: investigating the roles of advisory boards in German technology-based startups
- 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 iestors 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.
| Document Type: | Doctoral Thesis |
|---|---|
| Language: | English |
| Author: | Eric Weber |
| Chairs and Professorships: | Chair of Innovation Management and Entrepreneurship |
| URL: | http://link.springer.com/book/10.1007/978-3-658-15340-3 |
| Year of Completion: | 2017 |
| Note: | Wiesbaden: Springer Gabler, 2017 ISBN 978-3-658-15339-7 eISBN 978-3-658-15340-3 Leipzig, HHL Leipzig Graduate School of Management, Dissertation, 2016 |