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041 _afre
042 _adc
100 1 0 _aOla, Abdel Malik
_eauthor
700 1 0 _a Deffains-Crapsky, Catherine
_eauthor
700 1 0 _a Dumoulin, Régis
_eauthor
245 0 0 _aCollective cognition and early-stage investment: The case of Business Angel groups
260 _c2022.
500 _a55
520 _aBusiness Angels (BA) are increasingly coming together to form business angel groups. However, the influence that belonging to a group has on decision-making in situations of uncertainty has been little studied. Through a qualitative study in six French BA groups, our aim is to highlight the existence of a collective cognition that orchestrates informal interaction practices while preserving individual will in investment decisions. Rather than a logic of access to information that considers the group as a source of biases and conformism with a risk of increased standardization, our results, thanks to a solid theoretical anchoring, highlight a clear knowledge creation approach. We contribute to the debate on understanding investment decisions in entrepreneurial finance and on the investment process of BAs within a group. Our results are transferable to entrepreneurial teams that also operate in an uncertain environment.
690 _auncertainty
690 _aintersubjectivity
690 _acollective cognition
690 _adecision-making
786 0 _nRevue de l’Entrepreneuriat / Review of Entrepreneurship | 21 | 4 | 2022-12-22 | p. 129-166 | 1766-2524
856 4 1 _uhttps://shs.cairn.info/journal-review-of-entrepreneurship-2022-4-page-129?lang=en
999 _c162049
_d162049