A bibliometric analysis of business angels and investment patterns
Abstract
This study discusses angel investors’ investing choices and suggests further research. Using bibliometric analysis of 581 Scopus articles from 2001 to 2024, we identified the most significant authors, organizations, journals, and countries by total publications and citations, demonstrating their importance within the framework. R-Biblioshiny and VOSviewer generated the bibliometric findings. The top contributors are identified by the results: India (country); BRNO University of Technology, Czech Republic; Amity University, India (affiliations); Venture Capital (journal); and Maqsood Ahmad. Individual investors, business angels, and investment decisions were distinctive and understudied in business angel investing patterns. Maxwell, Jeffrey, Levesques’s “Business Angel Early-Stage Decision Making,” is most cited. The study’s results follow Bradford’s Law but not Lotka’s Law, indicating that few writers are contributing to the area. Professionals and scholars may learn about investing trends and topics from the outcomes. The study identified research needs for further investigation. This study analyzed 24 years of research publications on this topic. The authors believe this is the only thorough and systematic synthesis of the subject’s literature.
Fields of Study & Subjects
Private Equity and Venture Capital
Entrepreneurship Studies and Influences
scientometrics and bibliometrics research
Publication details
- Journal / source
- Journal of the International Council for Small Business
- Volume
- 7
- Issue
- 5
- Pages
- 1972–2001
- Publication date
- 11 February 2026
- Language
- EN