The literature about informal investors, persons who individually invest in new and expanding entrepreneurial endeavors, has grown considerably over the past decade. Most of the results, however, are based on methodologies which do not include a randomly selected sample of respondents. Proper sampling procedures are necessary for the literature to grow beyond the case-dependent, descriptive wor...

Tzung-Pei Hong, Cheng-Ming Huang and Shi-Jinn Horng Department of Computer Science and Information Engineering National University of Kaohsiung, Kaohsiung, 811, Taiwan Department of Computer Science and Engineering National Sun Yat-sen University, Kaohsiung, 804, Taiwan Department of Electrical Engineering National Taiwan University of Science and Technology, Taipei, 106, Taiwan Department of C...