Jeffrey Sohl

Jeffrey Sohl

Director, Center for Venture Research, Center for Venture Research
Decision Sciences
Phone: (603) 862-3373
Office: Decision Sciences, Paul College Rm 360N, Durham, NH 03824

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 Editorial Boards 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. In 2022 he received the University of New Hampshire’s Distinguished Professor Award for his longstanding career at UNH. 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 founder and managing director of the Mel Rines Student Angel Investment Fund, at Paul College.

Courses Taught

  • DS 444: Hon/Meaning of Entrepreneurshp
  • DS 650: Rines Angel Fund
  • DS 741: Private Equity/Venture Capital
  • PAUL 725: Independent Study
  • PAUL 725W: Independent Study


  • Ph.D., Management Science, Statistics and Economics, University of Maryland
  • M.A., Management Science, Finance, University of Maryland
  • B.A., Electrical Engineering, Villanova University

Research Interests

  • Angel Investing
  • Entrepreneurship
  • Private Equity
  • Venture Capital

Selected Publications

  • Chen, J., Sohl, J. E., & Lien, W. -C. (2023). Angel Investors’ Political Ideology and Investments in Women-Owned Ventures. Journal of Business Ethics, 188(2), 379-396. doi:10.1007/s10551-022-05302-y

  • Lien, W. -C., Chen, J., & Sohl, J. (2022). Do I have a big ego? Angel investors' narcissism and investment behaviors. Journal of Business Venturing, 37(5), 106247. doi:10.1016/j.jbusvent.2022.106247

  • Sohl, J. (2022). Angel investors: the impact of regret from missed opportunities. Small Business Economics: An Entrepreneurship Journal, 58, 2281-2296. doi:10.1007/s11187-021-00512-6

  • Sohl, J. (2022). Angel investors: the impact of regret from missed opportunities. In SMALL BUSINESS ECONOMICS Vol. 58 (pp. 2281-2296). doi:10.1007/s11187-021-00512-6

  • Lien, W. -C., Chen, T., Chen, J., & Sohl, J. E. (2021). How do financial analysts’ recommendations affect firm competitive actions? A rival-centric view. Journal of Business Research, 134, 531-539. doi:10.1016/j.jbusres.2021.05.046

  • Becker-Blease, J. R., & Sohl, J. E. (2007). Do women-owned businesses have equal access to angel capital?. JOURNAL OF BUSINESS VENTURING, 22(4), 503-521. doi:10.1016/j.jbusvent.2006.06.003

  • Freear, J., Sohl, J. E., & Wetzel, W. (2002). Angles on angels: Financing technology-based ventures - a historical perspective. Venture Capital, 4(4), 275-287. doi:10.1080/1369106022000024923

  • Sohl, J. E. (1999). The early-stage equity market in the USA. Venture Capital, 1(2), 101-120. doi:10.1080/136910699295929

  • Freear, J., Sohl, J. E., & Wetzel, W. E. (1995). Angels: personal investors in the venture capital market. Entrepreneurship and Regional Development, 7(1), 85-94. doi:10.1080/08985629500000005

  • FREEAR, J., SOHL, J. E., & WETZEL, W. E. (1994). ANGELS AND NON-ANGELS - ARE THERE DIFFERENCES. JOURNAL OF BUSINESS VENTURING, 9(2), 109-123. doi:10.1016/0883-9026(94)90004-3

  • Most Cited Publications