Constraints Of Angel Investors For Investment Decision In Innovative Business

Abstract

The research paper tested a model of constraints for nascent, budding entrepreneurs of innovative and
creative businesses to attract angel investors for mobilizing investments using path analysis. Variables such
as Innovation Efforts, Risk Taking behavior of entrepreneur, Market Orientation, Networking, Proactiveness
are taken as independent variables and perception of Angel Investor is taken as dependent variable. Data
for hypothesized antecedents of all the variables were collected using secondary data collection method
particularly through survey made to 123 budding entrepreneurs of innovative businesses. All the indices
shown that the model is said to be fit and the paths are confirmed. The results can be taken as implications
for all the young newly upcoming entrepreneurs who want to do business in innovative manner.