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2018 | OriginalPaper | Chapter

2. Crowdfunding as a New Financing Tool

Authors : Gaël Leboeuf, Armin Schwienbacher

Published in: The Economics of Crowdfunding

Publisher: Springer International Publishing

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Abstract

This chapter discusses how crowdfunding fits into the traditional financing cycle of small businesses. It further raises the question as to whether crowdfunding resolves a funding gap, a necessary condition to justify crowdfunding as a viable source of entrepreneurial finance. Finally, the chapter elaborates on the types of entrepreneurial activities and entrepreneurs who are more likely to benefit from crowdfunding.

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Metadata
Title
Crowdfunding as a New Financing Tool
Authors
Gaël Leboeuf
Armin Schwienbacher
Copyright Year
2018
DOI
https://doi.org/10.1007/978-3-319-66119-3_2