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Revisión sistemática del papel de los inversores informales en el emprendimiento

  • Barrachina Fernández, Mercedes [1] ; Ibar-Alonso, Raquel [2] ; García-Centeno, María Carmen [1]
    1. [1] Universidad San Pablo

      Universidad San Pablo

      México

    2. [2] Universidad Rey Juan Carlos

      Universidad Rey Juan Carlos

      Madrid, España

  • Localización: Anales de ASEPUMA, ISSN-e 2171-892X, Nº. 29, 2021
  • Idioma: español
  • Enlaces
  • Resumen
    • español

      El espíritu emprendedor ha jugado un papel crucial en las últimas décadas en la creación y desarrollo de nuevas empresas, lo que está contribuyendo considerablemente al crecimiento económico de los países. De acuerdo con el informe de la OCDE (2019), desde la crisis, las condiciones de mercado para las PYME y el espíritu emprendedor se han incrementado notablemente, gracias a factores como el aumento de las inversiones globales o la mejora de la confianza empresarial. En general, los préstamos bancarios a las PYME han aumentado a un ritmo moderado, en la mayoría de la países de la OCDE, facilitando el financiamiento interno de dichas empresas. Muchas empresas también buscan otro tipo de financiación, teniendo especial relevancia la figura del inversor informal o “business angel”. El presente trabajo tiene como objetivo realizar un análisis bibliométrico de los inversores informales para evaluar su importancia, papel desarrollado, diferentes tendencias y características dependiendo del área de ejecución de la inversión. Se realizará un análisis de las publicaciones relacionadas con inversores informales encontradas en la base de datos Scopus (Scimago Research Group). Los resultados muestran que se ha producido una evolución exponencial en este campo en el periodo 1981-2020. Este trabajo detalla los términos más destacados asociados al emprendimiento por inversores informales, el marco en el que se desarrolla y los aspectos más relevantes en la decisión de invertir. Asimismo, también se han incluido las conclusiones más importantes de los principales autores que han investigado más en emprendimiento, así como, un análisis de los países en los que el emprendimiento ha desempeñado un papel fundamental. Las conclusiones girarán en torno a la importancia de los inversores informales para llevar a cabo proyectos emprendedores

    • English

      The entrepreneurial spirit has played a crucial role in recent decades in the creation and development of new companies, which is contributing considerably to the economic growth of countries. According to the OECD report (2019), since the crisis, market conditions for SMEs and entrepreneurship have increased notably, thanks to factors such as increased global investments or improved business confidence. In general, bank loans to SMEs have increased at a moderate rate, in most OECD countries, facilitating the internal financing of these companies.

      Many companies also seek other types of financing, the figure of the informal investor or "business angel" being especially important. The present work aims to carry out a bibliometric analysis of informal investors to assess their importance, role played, different trends and characteristics depending on the area of execution of the investment. An analysis will be carried out of the publications related to informal investors found in the Scopus database (Scimago Research Group). The main results have been an exponential evolution in this field in the period 1981-2020. This paper details the most relevant terms associated with entrepreneurship by informal investors, the framework in which it is developed and the most relevant aspects in the decision to invest. Likewise, the most relevant conclusions of the most prominent authors on entrepreneurship as well as a review of the most competent countries on the subject have also been included. The conclusions will revolve around the importance of informal investors to carry out entrepreneurial projects

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