Quotation Vandor, Peter, Scholda, Fabian. 2021. Assessing Impact Before It Happens? The Cognitive Patterns And Heuristics Of Early-stage Impact Investors. 2021 Babson College Entrepreneurship Research Conference, Babson College, Vereinigte Staaten/USA, 08.06-10.06.


RIS


BibTeX

Abstract

Impact assessment is a high priority for most impact investors. However, little is known about how impact investors assess the potential of early-stage ventures before investing. This paper sheds light on the cognitive pattern used to form ex-ante assessments of social impact potential. Working with 41 verbal protocols of assessments provided by fourteen experienced impact investors, we identify 23 distinct cognitive patterns used to assess impact that were not previously described in research on heuristics of for-profit investors. Findings underscore the distinctiveness of impact investing as a practice and highlight the crucial role of individual cognition in the selection process.

Tags

Press 'enter' for creating the tag

Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title Assessing Impact Before It Happens? The Cognitive Patterns And Heuristics Of Early-stage Impact Investors
Event 2021 Babson College Entrepreneurship Research Conference
Year 2021
Date 08.06-10.06
Country United States/USA
Location Babson College
JEL ENT

Associations

People
Vandor, Peter (Details)
Scholda, Fabian (Details)
Organization
Competence Center for Nonprofit Organizations and Social Entrepreneurship WE (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
2943 Research and innovation management (Details)
5350 Innovation research (Details)
5363 Non-profit-sector research (NPO, NPI) (Details)
5405 Empirical social research (Details)
Google Scholar: Search