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Dr Yannis Pierrakis

Associate Professor in Entrepreneurship and Innovation


I teach Entrepreneurial Finance and Innovation Management and my research interests include Venture Capital, Business Angels, Start up creation and Crowdfunding. I also manage on behalf of Kingston University, the INNOGROW project, an ERASMUS+ EU funded project which aims to develop innovative ‘learning path' methods for innovative entrepreneurs.  Aside from my academic work, I provide consultancy support to the World Bank, helping innovative ventures through a global network of business innovation centers that assists early-stage entrepreneurs—offering mentoring, facilities, and seed funding.  I have also been recently invited by the European Commission  (DG Research & Innovation) to join an expert panel responsible for the evaluation of multimillion project proposals targeting entrepreneurship and innovation.  

Before joining Kingston, I worked as an Innovation Consultant for The World Bank, Finance and Private Sector Development Department in Europe and Central Asia and as a Senior Expert for multimillion EU Pre-Accession Assistance projects. I was previously Head of Investments Research at NESTA, the UK Innovation Agency (London, UK), and before that I worked in Intrasoft International (Luxembourg) and in Cardiff Business School. I received my PhD from Cardiff University in 2012. My thesis examined the role of different types of venture capital, public and private, in fostering innovation at the regional level. 


INNOGROW – Erasmus+, Developing innovative ‘learning path' methods for innovative entrepreneurs, European Commission (2015). A project funded by the European Commission, with five international partners (private companies, industry associations and university science parks), of the total value of  €300,000 to enhance entrepreneurial learning pathways. Within the project we engaged with over 150 innovative companies from 5 different countries in order to develop innovative ways of entrepreneurship T&L to be delivered in the classroom:

British Council – Executive Education on Innovation Finance (2015). A project funded by the British Council for the organisation and delivery of an executive education course on Entrepreneurial Finance to a group of foreign investors.

Areas of specialism

  • Venture capital
  • Business angels
  • Crowdfunding
  • Incubators and accelerators
  • Start up creation


  • 2017 - Higher Education Academy Fellow
  • 2012 - PhD in Investments and Innovation, Cardiff University, UK
  • 2002 - MSc in European Regional Development, Cardiff University, UK


I undertake research in the area of start up creation, entrepreneurship development, venture capital, crowdfunding and business incubation.   I am also a peer reviewer  of article manuscripts for various academic journals such as:

  • Journal of Small Business Management,
  • Small Business Economics,
  • R&D Management,
  • Venture Capital An International Journal for Entrepreneurial Finance,
  • International Journal of Banking, Accounting and Finance,
  • International Journal of Innovation Management

PhD supervision

  • Suvo Sarkar, "Crowdfunding as an alternative source of financing on SME's in the emerging capital market", 2017 – present (with Dr. Konstantinos Pitsakis)
  • Yohanna Babangida,  "Cross-regional Venture Capital Investments", 2015 - present (with Prof. George Saridakis)


Number of items: 25.


Pierrakis, Yannis (2019) Peer to peer lending to businesses : investors' characteristics, investment criteria and motivation. International Journal of Entrepreneurship and Innovation, 20(4), pp. 239-251. ISSN (print) 1465-7503

Pierrakis, Yannis and Saridakis, George (2019) The role of venture capitalists in the regional innovation ecosystem : a comparison of networking patterns between private and publicly backed venture capital funds. The Journal of Technology Transfer, 44(3), pp. 850-873. ISSN (print) 0892-9912

Pierrakis, Yannis and Saridakis, George (2017) Do publicly backed venture capital investments promote innovation? Differences between privately and publicly backed funds in the UK Venture Capital Market. Journal of Business Venturing Insights, 7, pp. 55-64. ISSN (online) 2352-6734

Pierrakis, Yannis (2013) Venture capital in crisis: the impact of the economic downturn in company’s time to exit. Journal of Alternative Investments, 15(3), pp. 62-71. ISSN (print) 1520-3255

Mason, Colin and Pierrakis, Yannis (2013) Venture capital, the regions and public policy: the United Kingdom since the post-2000 technology crash. Regional Studies, 47(7), pp. 1156-1171. ISSN (print) 0034-3404

Pierrakis, Y. and Price, S. (2003) Towards a sustainable knowledge-based region (TASK). WIT Transactions on Ecology and the Environment, 67, pp. 505-512. ISSN (print) 1746-448X

Book Section

Pierrakis, Yannis (2015) Public policies and public programs with a regional impact in promoting entrepreneurship: the case study of government backed venture capital schemes in the UK. In: Carvalho, Luisa, (ed.) Handbook of research on entrepreneurial success and its impact on regional development. Hershey, U.S. : IGI Global. pp. 122-150. ISBN 9781466695672

Conference or Workshop Item

Babangida, Yohanna and Pierrakis, Ioannis (2019) The cross-regional flow of venture capital investments in the United Kingdom. In: 10th Annual Faculty Research Conference: Contemporary Issues in Business and Social Sciences in a period of uncertainty; 03 - 04 Jun 2019, Kingston upon Thames, U.K.. (Unpublished)

Yohanna, Babangida and Pierrakis, Ioannis (2018) The geography of foreign venture capital investments (FVCI) in UK regions. In: 9th Annual Faculty of Business Research Conference: Contemporary Issues in Business; 04 Jun 2018, Kingston upon Thames, U.K.. (Unpublished)

Pierrakis, Ioannis (2017) Do Business Accelerators invest in ‘lemons’? A comparison of the founders’ characteristics of Business Accelerator and Business Angels backed companies. In: 40th Institute for Small Business and Entrepreneurship (ISBE) Annual Conference: 'Borders', prosperity and entrepreneurial responses; 8-9 Nov 2017, Belfast, U.K..

Pierrakis, Yannis and Saridakis, George (2016) Do publicly backed venture capital investments promote innovation? Differences between privately and publicly backed funds in the UK Venture Capital Market. In: 39th Institute for Small Business and Entrepreneurship (ISBE) Annual Conference: Institutional Voids, Entrepreneurship and Small Business Development; 27-28 Oct 2016, Paris, France.

Pierrakis, Yannis (2015) Publicly backed venture capital funds and business innovation: empirical analysis of venture capital backed firms in the UK regions. In: European Academy of Management (EURAM) Annual Conference 2015: Uncertainty is a Great Opportunity; 17-20 Jun 2015, Warsaw, Poland. (Unpublished)

Pierrakis, Yannis (2013) The academic/research view on financing. In: European Institute of Innovation & Technology (EIT) Roundtable of Entrepreneurs 2013: Matching Entrepreneurship with Venture Capital; 11-13 Jul 2013, Grundlsee, Austria. (Unpublished)

Mason, Colin and Pierrakis, Yannis (2009) Venture capital, the regions and public policy: the United Kingdom since the post-2000 technology crash. In: 32nd Institute for Small Business and Entrepreneurship (ISBE) Conference: Celebrating 3 decades of excellence in education, research and practice: at the cutting edge of international entrepreneurship; 3-6 Nov 2009, Liverpool, U.K.. ISBN 9781900862165

Mason, Colin and Pierrakis, Yannis (2009) Venture capital, the regions and public policy: the United Kingdom since the post-2000 technology crash. In: Regional Studies Association (RSA) Winter Conference 2009: Global Recession: Regional Impacts on Housing, Jobs, Health and Wellbeing; 27 Nov 2009, London, U.K.. (Unpublished)

Pierrakis, Yannis (2006) Regional growth poles: regional ingredients and innovative recipes for growth in European regions. In: 46th Congress of the European Regional Science Association: Enlargement, Southern Europe and the Mediterranean; 30 Aug - 3 Sep 2006, Volos, Greece. (Unpublished)

Rhisiart, Martin and Pierrakis, Yannis (2003) Knowledge based approaches to sustainability: the TASK programme. In: 11th International Conference of the Greening of Industry Network (GIN): Innovating for Sustainability; 12-15 Oct 2003, San Francisco, U.S.. (Unpublished)


Pierrakis, Yannis and Collins, Liam (2013) Banking on each other: peer-to-peer lending to business: evidence from funding circle. (Project Report) London, U.K. : NESTA. 43 p.

Collins, Liam and Pierrakis, Yannis (2012) The venture crowd: crowdfunding equity investments into business. (Project Report) London, U.K. : NESTA. 36 p.

Lerner, Josh, Pierrakis, Yannis, Collins, Liam and Bravo Biosca, Albert (2011) Atlantic drift: venture capital performance in the UK and the US. (Project Report) London, U.K. : NESTA. 52 p. ISBN 9781848751262

Pierrakis, Yannis (2010) Venture capital: now and after the dotcom crash. (Project Report) London, U.K. : NESTA. 41 p. ISBN 9781848750968

Pierrakis, Yannis and Westlake, Stian (2009) Reshaping the UK economy: the role of public investment in financing growth. (Project Report) London, U.K. : NESTA. 32 p. ISBN 9781848750463

Pierrakis, Yannis and Mason, Colin (2008) Shifting sands: the changing nature of the early stage venture capital market in the UK. (Project Report) London, U.K. : NESTA. 28 p. ISBN 9781848750289

Iurcovich, Luis, Komninos, Nicos, Reid, Alasdair and Pierrakis, Yannis (2006) Mutual learning platform: blueprint for regional innovation benchmarking. (Project Report) Luxembourg : Innovation Regions in Europe Secretariat. 21 p.


Pierrakis, Ioannis (2012) Investments and innovation: regional venture capital activity, business innovation and an ecology of interactions. (PhD thesis), Cardiff University, .

This list was generated on Fri Nov 15 05:29:34 2019 GMT.
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