Professor Thomason Awarded Fulbright Scholar Grant
Professor Lee Thomason has been awarded a prestigious Fulbright Scholar Grant. He plans to travel to Austria later this year as a grant recipient to teach and further research “innovation and angel investor decision criteria.”
Thomason will be affiliated with the Entrepreneurial School at the Management Center Innsbruck (MCI) for the spring 2016 semester.
During his time abroad, Thomason plans to explore investment decision-making through angel and early-stage investors. Prior research on investors in Silicon Valley and other regions across the United States has shown they will fund startups in spite of uncertainties and unproven business models. Entrepreneurs in the European Union often try to replicate Silicon Valley investment practices. Thomason will examine the choices of investors in Austria who evaluate startup businesses seeking initial capital.
Thomason’s research will help define whether Austria and other European Union countries have more conservative investment criteria than early-stage investors in the United States, as well as provide insight into the larger context of what drives the decisions to invest in risky startup ventures.