TY - BOOK AU - Ekanem, Ignatius AU - Ideh, Steve TI - Crowdfunding and entrepreneurship SN - 9781032046280 U1 - 658.15 PY - 2024/// CY - New York PB - Routledge KW - Crowdfunding KW - Entrepreneurship N1 - Table of content: Table of contents Preface Acknowledgements About the authors Crowdfunding and Entrepreneurship: Setting the Stage Introduction Definition of small and medium enterprises (SMEs) Characteristics of successful entrepreneurs Capital structure The differences between small firms’ and large firms’ capital structure Sources of entrepreneurial finance Summary Recommended reading References What is Crowdfunding? Introduction Definition of crowdfunding Features of crowdfunding Evolution and development of crowdfunding Types of crowdfunding Crowdfunding platforms Platform intermediaries Characteristics of crowdfunding entrepreneurs Benefits of crowdfunding Summary Recommended reading References The Financial Behaviour of Entrepreneurs in Relation to Crowdfunding Introduction Pecking order and trade-off theories Static trade-off versus pecking order in small firms Crowdfunding and the firm’s life cycle Types of entrepreneurship Summary Recommended reading References Exploring Resource-Based Theory in Crowdfunding Introduction Origin and background of Resource-Based Theory The Resource-Based Theory Types of resources Assumptions of Resource-Based Theory The characteristics of strategic resources Evaluation of Resources Assembling resources through Resource-Based Theory Critiques of Resource-Based Theory Linking resources with capabilities Understanding resources exchanged in crowdfunding The Resource Exchange Theory Crowdfunding through the lens of Resource Exchange Theory Crowdfunding: resources, capabilities and stakeholders Stakeholder theory and crowdfunding Crowdfunding: stakeholders analysis and involvement Crowdfunding: the role of financiers The characteristics of stakeholders and resource exchange process in crowdfunding Summary Recommended reading References Reducing the Risk of Information Asymmetry in Crowdfunding Introduction What is information asymmetry? Advantages and disadvantages of information asymmetry Information asymmetry in crowdfunding Causes of information asymmetry Strategies for reducing information asymmetry in crowdfunding Summary Recommended reading References The Trend in The Market of Digital Finance Introduction The concept of financial inclusion Digital finance Types of digital finance The benefits of digital finance FinTech Digital technologies enable financial inclusion FinTech trends Summary Recommended reading References The Features of a Good Crowdfunding Campaign Introduction Empirical studies The ten commandments of crowdfunding Crowdfunding campaign timelines The pitch The role of effective communication Summary Recommended reading References The Problems Encountered by Entrepreneurs in Sourcing Crowdfunding Introduction Challenges of crowdfunding The problems of choosing the right crowdfunding platform The problems of building up interest Avoiding/minimizing crowdfunding minefields Summary Recommended reading References The Role of Social Relationships and Networking in Sourcing Crowdfunding Introduction Social relationship and networking in crowdfunding The differences between social network theory and business network theory Networking and equity crowdfunding The network dynamics in crowdfunding Relational benefits of networks in crowdfunding Social media usage in crowdfunding The interplay of social media messages and social ties Social network dynamics in charitable crowdfunding Social interaction in charitable crowdfunding Summary Recommended reading References The Scope of Crowdfunding as A Niche Market Introduction What is a niche market? The catalysts for crowdfunding The features of crowdfunding as a niche market Crowdfunding: closing the finance gap for small firms as a niche market Summary Recommended reading References   Areas for Government Assistance Introduction Regulatory support of government Review of the regulatory framework for crowdfunding The need for harmonized EU regulation The new EU legislative framework JOBS vs. ECSPR Other areas of government support Blockchain technology in crowdfunding Peer-to-peer crowdfunding for local governments Summary Recommended reading References Case studies of successful crowdfunding campaigns Introduction Case study 1 Case study 2 Case study 3 Case study 4 Summary Recommended reading References Appendix: Links to Support Students [https://www.routledge.com/Crowdfunding-and-Entrepreneurship/Ekanem-Ideh/p/book/9781032046280?srsltid=AfmBOorAwv6rAuQkUjxGGdfdE3w44iu6cVpbk7kTqT8834GMYSRFfLa_] N2 - This accessible text provides an insight into the growing global trend of crowdfunding as a source of entrepreneurial finance. Grounded in academic literature, this book looks at the micro and macro issues within crowdfunding, from the entrepreneur’s access to finance at the business level, to the role of government in regulating the market. It helps the reader develop a sound understanding of crowdfunding as a source of finance, the crowdfunding process and potential options when faced with start-up funding issues. A range of international case studies of successful and unsuccessful crowdfunding campaigns help readers to apply theory to real-life scenarios. Readers are also supported throughout the book with chapter objectives and summaries, key terms, discussion questions and further reading guidance. Instructor materials such as slides and test questions are available as digital supplements. Crowdfunding and Entrepreneurship will be a valuable resource for students of new venture creation and entrepreneurial finance, as well as entrepreneurs exploring crowdfunding as an option for business development. (https://www.routledge.com/Crowdfunding-and-Entrepreneurship/Ekanem-Ideh/p/book/9781032046280?srsltid=AfmBOorAwv6rAuQkUjxGGdfdE3w44iu6cVpbk7kTqT8834GMYSRFfLa_) ER -