天使投资投后管理与新创企业产品创新绩效关系的研究——以创业者学习能力为调节变量的理论综述与模型构建

天使投资不但会为企业提供一定的资金支持,同时也会通过管理参与的方式为被投企业提供增值服务。在“大众创新、万众创业”的号召下,互联网新创企业层出不穷,基于精益创业的思想,在产品由创意产生到MVP（最小可视化原型）再到产品市场化的反复验证迭代中,产品的用户体验及产品的市场规模都与产品的创新性息息相关。通过对相关文献的梳理,构建出投后管理对新创企业产品创新绩效的理论模型,并从投后管理的监督和增值服务两个维度为天使投资和新创企业在双向选择的过程及投后互动行为上提供可供参考的建议,最后指出了研究的不足和未来的研究方向。

Research on the Relationship of Business Angel and Product Innovation Performance of New Ventures

Business angel investment will not only provide a certain financial support for enterprises, but also through the way of management to provide value-added services to be invested enterprises. In the call of the public innovation, entrepreneurship and peoples'', Internet start-ups emerge in endlessly, repeatedly verified iteration is based on the idea of lean start-up, in the product by the creative generation to MVP (minimum visualization prototype) to product market, product user experience and product market size are and product innovation are closely related. Through combing the relevant literature, construct the investment management and product innovation performance of new venture theory model, and from the two dimensions of investment supervision and management and value-added services for angel investment and new ventures in the process of two-way choice and investment interaction behavior provides suggestions for reference,points out the limitation and future research directions.