Analysis of an investment by a seed capital fund using a patento-scientometric approach: the case of probiotics technology for veterinary use. (2018)

• Record Type: Journal Article
• Authors: Motta, Gustavo Da Silva; Azevedo-Ferreira, Maxwel De; Quintella, Rogério Hermida
• Is Part Of: International journal of bibliometrics in business and management. Volume 1:Number 2(2018)
• Page Start: 104
• Page End: 122
• Publication Date: 2018
• Subjects: patento-scientometric approach -- technological evaluation -- S&T indicators -- seed capital funds -- bibliometric indicators -- investment analysis -- technological innovation -- technological management -- innovation management -- non-financial criteria; Bibliometrics -- Periodicals; Business intelligence -- Periodicals; 650.0727
• Languages: English
• ISSNs: 2057-0546

Abstract

This article examines the potential use of scientometric and patentometric indicators as a way to instrumentalise the process of selecting projects by seed capital funds. Academic interest in high-tech companies is growing due to their ability to contribute to economic and social development. Nevertheless, the literature and documented practice reveal a certain difficulty to evaluate non-financial criteria associated with technologies by venture capital funds. We selected the case of a company that received an investment from Brazil's largest seed capital fund to analyse the contribution of these indicators to understand the potential of the firm's technology. We conclude that use of scientometric and patentometric can improve the process of evaluation of the following criteria: technology; market; divestment; and team.