Crowdfunding and Entrepreneurial Finance

Buch | Softcover

142 Seiten

2017
Routledge (Verlag)
978-1-138-08648-7 (ISBN)

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An increase in the restrictions on the availability of funding for new and growing businesses in the aftermath of the global financial crisis has been accompanied by the emergence and growth of crowdfunding as an alternative method of raising capital. Crowdfunding contributes towards the disintermediation of the finance market as funders and promoters are brought together directly, democratising both fundraising by businesses and investment by individuals.

This book extends entrepreneurial finance research to the study of crowdfunding. Contributions review the history, status and future of crowdfunding, analyse the patterns of fundraising, assess the potential of crowdfunding for the financing of social ventures in particular, and discuss the regulatory implications of recent developments. What is clear from this collection is that the crowdfunding space is still evolving, institutional forms are still developing as models are refined, new institutional collaborations (e.g. between equity platforms and business angel networks) are emerging, and new challenges, particularly regulatory challenges, are being encountered. While crowdfunding is not a universal solution for SME finance in a post-crisis financial landscape, it remains too early to determine whether crowdfunding represents a large-scale transformation of the early stage risk capital market or a minor addition to it.

This book was originally published as a special issue of Venture Capital.

Richard Harrison is Professor of Entrepreneurship and Innovation, and Co-Director of the Centre for Strategic Leadership, at the University of Edinburgh Business School, UK. He is the founding co-editor of Venture Capital: An International Journal of Entrepreneurial Finance, and the author of 5 books and over 100 academic papers.

1. Crowdfunding and the revitalisation of the early stage risk capital market: catalyst or chimera? 2. Crowdfunding social ventures: a model and research agenda 3. Individual crowdfunding practices 4. A conceptualized investment model of crowdfunding 5. Exploring entrepreneurial legitimacy in reward-based crowdfunding 6. Social finance and crowdfunding for social enterprises: a public–private case study providing legitimacy and leverage 7. Demand-driven securities regulation: evidence from crowdfunding

Erscheinungsdatum	07.09.2017
Verlagsort	London
Sprache	englisch
Maße	174 x 246 mm
Gewicht	272 g
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
ISBN-10	1-138-08648-7 / 1138086487
ISBN-13	978-1-138-08648-7 / 9781138086487
Zustand	Neuware