Positions

Overview

  • Jeffrey E. Sohl is Director of the Center for Venture Research and Professor of Entrepreneurship and Decision Sciences at the Peter T. Paul College of Business and Economics at the University of New Hampshire. He currently serves on the Board of Borealis Ventures and the Editorial Board for Venture Capital, Entrepreneurship Theory and Practice, and Journal of Business Venturing. He previously served on the National Academy of Science Committee on Capitalizing Science, Technology and Innovation (2012-2016), and the New Hampshire Community Loan Fund’s VFG (2002-2016). In 2006 he was awarded the national Hans Severiens Award by the Kauffman Foundation in recognition of his research on angel investing in the US. He has written over 50 articles which have been published in academic journals. He has presented his research in academic and practitioner forums in North America, Europe and Asia, and in briefings for several government agencies and scholars from North America, Europe, Scandinavia, Australia, Asia and Africa. He has appeared on CNBC, MSNBC, National Public Radio, NHPTV’s NH Outlook, and has been quoted in Inc., Forbes, Fortune, the Wall Street Journal, The Economist, Red Herring, Newsweek, Business Week, Newsweek-Japan, Financial Times, New York Times, Chicago Tribune, Los Angeles Times and the Financial Times-France. Jeffrey is also the coordinator of all the Entrepreneurship programs, and the managing director of the Mel Rines Student Angel Investment Fund, at Paul College.
  • Publications

    Academic Article

    Year Title
    2019 Differential performance of science park firms: an integrative modelSmall Business Economics.  52:193-211. 2019
    2018 Entrepreneurial firms and financial attractiveness for securing debt capital: a Bayesian analysisVenture Capital.  20:27-50. 2018
    2015 New venture legitimacy: the conditions for angel investorsSmall Business Economics.  45:735-749. 2015
    2014 Do Entrepreneurship and High Tech Concentration Create Jobs? Exploring the growth in employment in U.S. metropolitan areas from 1991 to 2007Economic Development Quarterly.  28:244-253. 2014
    2012 INITIAL PUBLIC OFFERINGS AND PRE-IPO SHAREHOLDERS: ANGELS VERSUS VENTURE CAPITALISTSJournal of Developmental Entrepreneurship.  17:1250022-1250022. 2012
    2012 Angels and venture capitalists in the initial public offering marketVenture Capital.  14:27-42. 2012
    2011 Mitigating the limited scalability of bootstrapping through strategic alliances to enhance new venture growthInternational Small Business Journal.  29:421-447. 2011
    2011 The Effect of Gender Diversity on Angel Group InvestmentEntrepreneurship Theory and Practice.  35:709-733. 2011
    2007 Do women-owned businesses have equal access to angel capital?Journal of Business Venturing.  22:503-521. 2007
    2007 Women business angels: Insights from angel groupsVenture Capital.  9:207-222. 2007
    2006 Angel Investing: Changing Strategies During Volatile TimesThe Journal of Entrepreneurial Finance and Business Ventures.  11:27-48. 2006
    2005 Technology centres during the economic downturn: what have we learned?Entrepreneurship and Regional Development.  17:293-312. 2005
    2004 Imperatives for Venture SuccessInternational Journal of Entrepreneurship and Innovation.  5:99-106. 2004
    2004 Women entrepreneurs securing business angel financing: tales from the fieldVenture Capital.  6:181-196. 2004
    2004 Leveraging intellectual property in the financing of entrepreneurial ventures: a technology-based solution to the perfection of security interestsInternational Journal of Entrepreneurship and Innovation Management.  4:178-178. 2004
    2003 The U.S. Angel and Venture Capital Market: Recent Trends and DevelopmentsThe Journal of Private Equity.  6:7-17. 2003
    2003 The private equity market in the USA: Lessons from volatilityVenture Capital.  5:29-46. 2003
    2002 Angles on angels: Financing technology-based ventures - a historical perspectiveVenture Capital.  4:275-287. 2002
    2002 The private equity market gyrations: What has been learned?Venture Capital.  4:267-274. 2002
    2002 "Market Transactions and Model Legal and Technological System Structure" in "Proposal for a Centralized and Integrated Registry for Security Interests in Intellectual Property" by William MurphyIdea (Concord): the intellectual property law review.  41:297-604. 2002
    2001 The Characteristics and Value-Added Contributions of Private Investors to Entrepreneurial Software VenturesJournal of Entrepreneurial Finance.  6:84-103. 2001
    1999 An intelligent model selection and forecasting systemJournal of Forecasting.  18:167-180. 1999
    1999 The early-stage equity market in the USAVenture Capital.  1:101-120. 1999
    1998 Editors’ Introduction: Habitual Entrepreneurs and Angel InvestorsEntrepreneurship Theory and Practice.  22:5-22. 1998
    1996 Investing in Neighborhood Entrepreneurs: Private Foundations as Community Development Venture CapitalistsThe Journal of Entrepreneurial and Small Business Finance.  5:175-191. 1996
    1995 A neural network approach to forecasting model selectionInformation and Management.  29:297-303. 1995
    1995 Angels: personal investors in the venture capital marketEntrepreneurship and Regional Development.  7:85-94. 1995
    1994 ANGELS AND NON-ANGELS - ARE THERE DIFFERENCESJournal of Business Venturing.  9:109-123. 1994
    1994 Small Firms and Superfund: Assessing the ImpactThe Journal of Small Business Finance.  3:141-157. 1994
    1994 The Private Investor Market for Venture CapitalThe Financier ACMT.  1:7-15. 1994
    1992 Strategic diversity in labor PAC contribution patternsSocial Science Journal.  29:65-86. 1992
    1990 DISAGGREGATION METHODS TO EXPEDITE PRODUCT LINE FORECASTINGJournal of Forecasting.  9:233-254. 1990
    1989 Improving Smoothing Models With an Enhanced Initialization SchemeThe Journal of Business Forecasting Methods & Systems.  8:13-18. 1989
    1989 Quantifying Risk in Cash Management ServicesBank Administration.  65:30-35. 1989
    1988 Corporate political action committees' strategies in the 1980 congressional electionsSocial Science Journal.  25:289-307. 1988
    Resources Acquisition in Strategic Factor Markets by Early Stage Ventures: A Bayesian Perspective.Strategic Entrepreneurship Journal

    Article

    Year Title
    2019 Mel Rines Student Angel Investment Fund 2019
    2018 Mel Rines Student Angel Investment Fund 2018
    2017 Rivals or Reinforcements? Are Hybrid and Traditional Ventures Substitutes or Complements? 2017
    2016 How Missed Opportunities Influence Investor Decision Making 2016
    2016 Access to Capital 2016
    2015 National Trends in Angel Investing and New Opportunities/Models for Investing 2015
    2015 Opportunities and/or Challenges of Crowdfunding – A General and Regional Approach 2015
    2014 Trends and Issues in the Angel Market 2014
    2014 Angel Investment Trends 2014
    2013 The rise of angel investment: facts and figures from the US 2013
    2012 Sources of Legitimacy for New Venture Investors 2012
    2012 Trends and Issues in the Angel Market 2012
    2012 Private Equity 2012
    2012 Future Trends and Issues in the Angel Market 2012
    2012 The Sources of Legitimacy for New Venture Angel Investors 2012
    2012 Initial Public Offerings and Pre-IPO Shareholders: Angels Versus Venture Capitalists 2012
    2011 Start-ups and Private Equity Latest Trends: Angels and VC Investing 2011
    2011 The Sources of Legitimacy for New Venture Angel Investors 2011
    2011 Angel Investing and Women Angels - Latest Trends 2011
    2011 Attribution style differences among entrepreneurs 2011
    2011 I have an idea: How do I get funding 2011
    2011 Latest Trends in Angel Investing 2011
    2011 Latest Trends in Angel Investing 2011
    2011 Current Trends in Private Equity 2011
    2011 Pillar Session on Public Policy 2011
    2010 Current Research and Trends in the Angel Investor Market 2010
    2010 The Sources of Legitimacy for New Venture Investors 2010
    2010 Business Capital Markets: Assessments and Predictions 2010
    2010 Latest Trends in Angel Investing 2010
    2010 Funding Options for Green Entrepreneurs 2010
    2010 IS THERE A SWEET SPOT FOR U.S. METROPOLITAN AREAS? 2010
    2010 Invited Panelist - Developing successful exit opportunities? 2010
    2010 Invited Speaker - Current Trends and Public Policy Issues in Angel Investing 2010
    2010 Invited Panelist - Angel Investment Forum: Practical Advice for Seekers 2010
    2009 Invited Panelist - The New Rules of Angel Investing 2009
    2009 Keynote Speaker - Public Policy Issues in Angel Investing 2009
    2009 Invited Faculty Seminar - Current Research in the Angel Market 2009
    2009 Keynote Speaker - The State of Angel Investing 2009
    2009 Keynote Speaker - Trends in the Angel Market 2009
    2009 Invited Panelist - Multi-Level Interdisciplinary Perspectives on Angel Investing Decisions 2009
    2009 Women Angels and Entrepreneurs 2009
    2009 Keynote Speaker - Angel Financing for Entrepreneurs: Current Trends in the Angel Market 2009
    2009 Keynote Speaker - The State of Private Equity 2009
    2009 Keynote Speaker - The State of Private Equity 2009
    2008 Plenary Panelist - Are High Potential Young Firms Constrained in Their Access to Finance and Other Resources? 2008
    2008 Keynote Speaker - Importance of Private Capital Formation 2008
    2008 Keynote Speaker - Software Trends: Alliances, bootstrapping and venture capital 2008
    2008 Invited Panelist - Angels and Commercialization: From the laboratory to the marketplace 2008
    2008 Keynote Speaker - Women Angels and Entrepreneurs 2008
    2008 “Confidence and Angel Investors: Does Sex Matter?” 2008
    2008 “Cool Topics in Entrepreneurial Finance: Acquiring Financial Capital” 2008
    2007 Keynote Speaker: “Public Policy Issues in Angel Investing” 2007
    2007 Keynote Speaker: “Trends in the Angel Market" 2007
    2007 Plenary Speaker: “Trends in Angel Investing" 2007
    2007 The Design of National Taxation Environments to Promote the Financing of Entrepreneurial Businesses 2007
    2007 Invited Speaker: “Current Trends in the Angel Market" 2007
    2007 Keynote Speaker: “The State of Angel Capital" 2007
    2007 “The Organization of the Informal Venture Capital Market” 2007
    2006 Invited Speaker: “An Overview of Economic Development Activity and Research at UNH” 2006
    2006 Keynote Speaker: “Current Trends in the Angel Market" 2006
    2006 Invited Panelist: “Entrepreneurship in New England” for the Entrepreneurship Policy Panel 2006
    2006 Do Government-Entrepreneurship Programs Work? 2006
    2006 Keynote Speaker: “Trends in Angel Investing” 2006
    2006 Practitioner and Researcher Perspectives for Future Development 2006
    2006 Public Policy Issues in Angel Investing 2006
    2006 International Perspectives on Financing Data Needs 2006
    2006 Reporting from Roundtable – Research Initiatives 2006
    2006 Early-Stage Financing 2006
    2006 International Trends in Angel Investing 2006
    2006 Invited Panelist: “Minority and Women Entrepreneurship Special Workshop Session" 2006
    2005 Keynote Speaker: “Trends in the Angel Market” 2005
    2005 Invited Panelist 2005
    2005 “Women Angel Investors: A Growing Force in the Angel Market” 2005
    2005 Invited Panelist: “Angel Groups in Action: Funding Early Stage Innovation" 2005
    2005 Keynote Speaker: “Latest Trends in Angel Investing" 2005
    2005 Invited Speaker: “Angel and Venture Financing for Early Stage and Later Stage Knowledge-Based Ventures” 2005
    2005 Keynote Speaker: “Trends in Angel Investing" 2005
    2005 Invited Speaker: “The Latest Trends in Angel Investing” 2005
    2005 “Women Angel Investors: The ABCs (Activities, Barriers and Conclusions)” 2005
    2004 Invited Speaker: “Angel Activity in NH" 2004
    2004 Invited Speaker: “Recent Trends in Angel Investing" 2004
    2004 Invited Panelist: “Venture Capital – Can You Get Funding For Your Company?” 2004
    2004 “Women Angel Investors: An Exploratory Study” 2004
    2004 Invited Speaker: “Recent Trends in Investments in High Tech Companies" 2004
    2003 Keynote Speaker: “Trends and Issues in Angel Investing – Succeeding in Today’s Environment” 2003
    2003 Keynote Speaker: “The Angel Investor Market in USA: Investment Activity and Growth Prospects” 2003
    2003 “Women Entrepreneurs and Private Equity Financing” 2003
    2003 Invited Speaker: “Seed Investing: Back to the Future" 2003
    2003 Invited Speaker: “Pulse of Technolgy" 2003
    2003 Plenary Speaker: “The State of the Investment Industry and the Implications for Angel Investors" 2003
    2003 Invited Speaker: “The Angel Equity Market" 2003
    2003 Invited Panelist: “Financing Women-Owned Businesses” 2003
    2003 Keynote Speaker: “The Angel Equity Market: Back to the Future" 2003
    2002 “Angel Investment Activity: Funding High Tech Innovations” 2002

    Chapter

    Year Title
    2012 Angles on Angels and Venture Capital: Financing Entrepreneurial Ventures.  224-244. 2012
    2012 The Changing Nature of the Angel Market.  17-41. 2012
    2007 The Organization of the Informal Venture Capital Market.  347-368. 2007
    2006 Business Angels: Investment Processes, Outcomes and Current Trends.  87-107. 2006
    2003 Angel investing: a market perspective.  2-14. 2003
    1997 The Informal Venture Capital Market: Milestones Passed and the Road Ahead.  47-70. 1997
    1987 Business Fragmentation and Solidarity: An Analysis of PAC Donations in the 1980 and 1 982 Elections.  119-135. 1987
    1985 Spatial Price Equilibrium: Advances in Theory, Computation and ApplicationLecture Notes in Economics and Mathematical Systems. 196-207. 1985

    Conference Proceeding

    Year Title
    2013 ENTREPRENEURIAL FIRMS AND SIGNALING FOR CREDITWORTHINESS: A BAYESIAN MODELING APPROACH (SUMMARY)Frontiers of Entrepreneurship Research. 3-3. 2013
    1993 ANGEL PROFILES - A LONGITUDINAL STUDYFRONTIERS OF ENTREPRENEURSHIP RESEARCH 1993. 557-558. 1993
    Entrepreneurial Firms and Signaling for Creditworthiness: A Bayesian Modeling Approach
    Ghosts of the Past: How MIssed Opportunities Influence Investor Decision Making
    Rivals or Reinforcements? Are Hybrid and Traditional Ventures Substitutes or Complements?
    Science Parks and Firm Performance: The Moderating Role of Endowments and Environmental Conditions

    Principal Investigator On

  • PitchBook Grant  awarded by Peter T Paul College 2019 - 2020
  • State Small Business Credit Initiative (SSBCI) Data Summary and Initial Viability Assessment  awarded by Federal Management Systems Inc 2017
  • Women Angel Groups: Identifying Characteristics & Trends  awarded by Ewing Marion Kauffman Foundation 2003 - 2004
  • Exploratory Research on Angel Funding & Funding Gap  awarded by US DOC, National Institute of Standards and Technology 2001 - 2002
  • Investors & Venture Capitalists Early Stage Equity Market  awarded by Lotus Development Corp 2000 - 2001
  • Reducing the Capital Gap  awarded by Lotus Development Corp 2000 - 2001
  • Tax Organizational Structure Issues for Angel Investors  awarded by CISO Foundation 2000 - 2001
  • Lotus Website Development  awarded by Lotus Development Corp 1998 - 2001
  • Lotus Venture Forms  awarded by Lotus Development Corp 1998 - 1999
  • Design Management & Operation of Angel Capital Network  awarded by Small Business Administration (SBA) 1996 - 1997
  • Design of a Pilot Early Stage Equity Market  awarded by Small Business Administration (SBA) 1996 - 1997
  • Development of Technology Evaluation & Assessment Service  awarded by US DOC, Department of Commerce 1996 - 1997
  • Evaluating NH's Entrepreneurial Economy  awarded by RKG Associates, Inc. 1995 - 1996
  • Investment Characteristics of High Net Worth Individuals  awarded by Community Development Foundation of Hampton Roads, VA 1995 - 1996
  • Patient Capital for Innovative Early Stage Ventures  awarded by Small Business Administration (SBA) 1995 - 1996
  • Pilot Program to Develop a Tech Evaluation Service  awarded by US DOC, Department of Commerce 1995 - 1996
  • Technology Evaluation & Regulatory Risk Assessment  awarded by Environmental Protection Agency (EPA) 1995 - 1996
  • Superfund Study  awarded by Miscellaneous Non-Profit 1993 - 1994
  • Who Bankrolls Software Entrepreneurs?  awarded by Massachusetts Software Council 1993 - 1994
  • Teaching Activities

  • Independent Study Taught course 2019
  • Rines Angel Fund Taught course 2019
  • Honors/Meaning of Entrepreneur Taught course 2018
  • Private Equity/Venture Capital Taught course 2018
  • Rines Angel Fund Taught course 2018
  • Independent Study Taught course 2018
  • Top/Rines. St Angel InvestFund Taught course 2018
  • Honors/Meaning of Entrepreneur Taught course 2017
  • Independent Study Taught course 2017
  • Private Equity/Venture Capital Taught course 2017
  • Top/Rines Stdnt Angel Invstmt Taught course 2017
  • Independent Study Taught course 2017
  • Independent Study Taught course 2017
  • Top/Rines. St Angel InvestFund Taught course 2017
  • Honors/Meaning of Entrepreneur Taught course 2016
  • Private Equity/Venture Capital Taught course 2016
  • Top/Rines Stdnt Angel Invstmt Taught course 2016
  • Independent Study Taught course 2016
  • Top/Rines. St Angel InvestFund Taught course 2016
  • Private Equity/Venture Capital Taught course 2016
  • Honors/Meaning of Entrepreneur Taught course 2015
  • Private Equity/Venture Capital Taught course 2015
  • Top/Rines Stdnt Angel Invstmt Taught course 2015
  • Independent Study Taught course 2015
  • Independent Study/Honors Taught course 2015
  • Private Equity/Venture Capital Taught course 2015
  • Honors/Meaning of Entrepreneur Taught course 2014
  • Private Equity/Venture Capital Taught course 2014
  • Independent Study Taught course 2014
  • Independent Study Taught course 2014
  • Private Equity/Venture Capital Taught course 2014
  • Quantitative Business Analysis Taught course 2014
  • Education And Training

  • B.A. Electrical&Electronic Eng. Tec, Villanova University
  • M.A. Management Science, Finance, University of Maryland
  • Ph.D. Management Science, Statistics and Economics, University of Maryland
  • Full Name

  • Jeffrey Sohl