Advisory Boards in Startups: Investigating the Roles of Advisory Boards in German Technology-Based Startups

by Eric Weber | Springer Gabler | eText ISBN 9783658153403
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 investors try to influence the importance of these roles in favour of control, coordination and co-management. Contrary to this, the satisfaction...

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About this book

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 investors 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.

Book details

  • Author: Eric Weber
  • Publisher: Springer Gabler
  • eText ISBN: 9783658153403
  • Print ISBN: 9783658153397
  • Format: Fixed Layout
  • Language: en
  • Copyright: 2017