The Entrepreneurial Finance Lab

Mission

The Entrepreneurial Finance Lab supports ventures in need of capital in order to realize their market strategies. All companies, whether entrepreneurial projects, family-owned businesses or multinationals need capital to grow. In The Entrepreneurial Finance Lab we work in the intersection between venture capital and firms in need of financial capital. Our partners include Business Angels, Venture Capital and Private Equity Funds, as well as institutions and organizations that support investment processes.

The backbone of our research is a unique database of investment processes and longitudinal data, making us a valuable partner for those we collaborate with. 

What we do (for you) 

The Entrepreneurial Finance Lab offers research-based insights to both investors and investees. Besides practicing traditional academic dissemination, we also spread our knowledge to the surrounding investment community through practice-oriented articles, presentations and a bi-annual Masterclass for Business Angels looking to understand the mindset of entrepreneurs and companies looking to understand the mindset of Business Angels and Venture Capitalists. 

At The Entrepreneurial Finance Lab we assist in understanding the value creation potentials behind the applied business models, from this deriving business case scenarios and valuations. Part of our work also leans into the communicative aspects of entrepreneurial financing, namely pitching investment cases and writing a compelling narrative about investment potentials. Many of the university spin-outs have been through either consulting or teaching programs offered by our core-faculty. 

Current foci and projects that you can get involved in

  • Valuation methods for start-ups 
  • Understanding the complex role of capital in entrepreneurship 
  • Designing efficient investment discussions and processes
  • Designing M&A and IPO processes
  • Communicating investment processes and deals with stakeholders in the market for information

Who we are

Resources

  • Hougaard, S. (2019), Værdiansættelse af start-ups – på vej mod en ny fælles forståelse, Finans/Invest, 3/19, pp. 31-35 (http://finansinvest.dk/product/vaerdiansaettelse-af-start-ups-pa-vej-mod-en-ny-faelles-forstaelse/)
  • Sort, J. and C. Nielsen (2018), Using the Business Model Canvas to Improve Investment Processes, Journal of Research in Marketing and Entrepreneurship, 20(1), 10-33
  • Nielsen, C., H. Zaheer, Y. Breyer, F. Paolone, M. Montemari, & M. Lund (2019), Market Traction: A Manual for Accelerating your Business Model, Aalborg: Business Research and Business Design publishing.
  • Krull, L. (2003), How to find venture capital: Inspiration and advice from a venture investor, European Commission, DG Entreprise (http://booklet.krull.dk)
  • Wang, D.J. and Schøtt, T. (2020). Coupling between financing and innovation in a startup: Embedded in networks with investors and researchers. International Entrepreneurship and Management Journal (waiting to be assigned with an issue).
  • Wang, D., Hain, D. S., Larimo, J., & Dao, L. T. (2020). Cultural differences and synergy realization in cross-border acquisitions: The moderating effect of acquisition process. International Business Review, 29 (3), 101675
  • Chen C.; Wang D.J. and Zhang B. (2020), The Interface between Context and Theory: The Application and Development of Agency Theory in the Chinese Context. International Journal of Emerging Markets (Under revision, Minor revision)
  • Wang D.J., Olav J. Sørensen, and Hamid M. (2018). Disentangling Value Creation Mechanism in Cross-border Acquisitions: A Process-oriented Approach, Thunderbird International Business Review, 60(3), 387-409.
  • Yu, L., Wang, D., & Wang, Q. (2018). The Effect of Independent Director Reputation Incentives on Corporate Social Responsibility: Evidence from China. Sustainability, 10(9), 3302.  
  • Daniel H., Sofia A. Johan, and Wang D. J. (2015). Determinants of Cross-border Venture Capital Investments in Emerging and Developed Economies: The Effects of Relational and Institutional Trust. Journal of Business Ethics, 138(4), 743–764.  
  • Wang D.J. and Hamid M.(2016). Motivations, Valuation, Performance Assessment in Cross-border Mergers and Acquisitions: Theory and Field Evidence. In Kuada J. (Eds.) Perspectives on International Business Theories and Practice (pp.139-194), UK, Adonis & Abbey Publisher Ltd.  
  • Wang D.J. (2016) Cross-border Acquisitions: Towards an Integrative Framework for Explaining Performance (PhD. Thesis), Aalborg University Press.   

Contact

AACSB Business Education Alliance Member           AaU Business School · Fibigerstræde 2 · 9220 Aalborg ØST · Denmark· Phone: +45 9940 8220