Navigating Success: Synergies between Angel Investors and Human Resources in Enhancing New Venture Performance

Abstract

The success of newly founded businesses has become a crucial and complex subject in today's unstable markets. Similarly, success of new venture in Pakistan is of the crucial task and its success is quite limited in Pakistan. Initial capital investment is a major challenge in Pakistan. Therefore, the purpose of this study is to examine the effect of business angel on new venture performance (NVP). Therefore, the relationship between business agnel, human capital and NVP was considered. A quantitative approach was followed in which primary data were collected by conducting a survey. Partial Least Square (PLS) was used for data analysis. It is found that business angels have vital contribution to the success of new ventures in Pakistan. The promotion of human capital is possible through business angels leading to an increase in NVP. This study has valuable insights for the people starting new ventures by focusing on business angels and human capital.