Full Description
More extensive regulations, new technologies, and new means of communication have significantly changed the financing landscape for startups and small to medium-sized companies (SMEs). This volume provides a contemporary research-based overview of the latest trends in entrepreneurial finance and outlines expected future developments. Starting with the status quo in market regulations and the financing structure of SMEs, it addresses a broad range of new financing alternatives for innovative startups (e.g. business angel financing, venture capital and corporate venture capital), as well as recent social phenomena (e.g. crowdfunding and initial coin offerings (ICOs)). Incorporating qualitative, quantitative and mixed analytical methods, the book contributes to a better understanding of the financing world by reflecting both the researcher's and the practitioner's perspective.
Contents
Part I. Status Quo in SME Financing and Financial Market Regulation.- European SME Financing: An Empirical Taxonomy.- The European Capital Markets Union and its Impact on Future SME Financing.- Innovation and Investment Finance in Comparison.- Trends in Financing Programs for the Development of Micro, Small and Medium Enterprises (MSMEs) in Nigeria: A Qualitative Meta-Synthesis.- Part II. Entrepreneurial Finance from Established Risk Capital Providers.- Research on Venture Capitalists' and Business Angels' Investment Criteria: A Systematic Literature Review.- Measuring Venture Capital Sentiment in Europe.- The Private Value of Patents for Government-supported Start-Ups: The Case of the European Investment Fund.- In which Regions do Governmental, Independent, and Corporate Venture Capital Firms Invest? An Empirical Investigation across 402 German Regions.- Playing with the Devil? Organizational Voids within Corporate Venture Capital Dyads.- Part III. New Trends in Entrepreneurial Finance.- Social Finance in Europe: The Transition from Grants to Follow-up Financing for Social Enterprises.- Democratising Entrepreneurial Finance: The Impact of Crowdfunding and Initial Coin Offerings (ICOs).- Is Crowdfunding Suitable for Financing German Public Research Organization (PRO) Projects?.
