BUFFALO, N.Y. — Technology entrepreneurs who get funding from venture capitalists go public sooner and have more impactful innovation than those who partner with angel investors, according to research from the University at Buffalo School of Management.

Published in the Journal of Business Venturing, the study found that high-tech startups that received funding from venture capitalists were able to find a buyer or issue stock sooner than those that received angel investment — and the patents issued by venture capital-funded firms had greater reach.