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New players in entrepreneurial finance and why they are there

Joern H. Block (), Massimo G. Colombo (), Douglas Cumming () and Silvio Vismara ()
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Joern H. Block: University of Trier
Massimo G. Colombo: Politecnico di Milano
Silvio Vismara: University of Bergamo

Small Business Economics, 2018, vol. 50, issue 2, 239-250

Abstract: Abstract The landscape for entrepreneurial finance has changed strongly over the last years. Many new players have entered the arena. This editorial introduces and describes the new players and compares them along the four dimensions: debt or equity, investment goal, investment approach, and investment target. Following this, we discuss the factors explaining the emergence of the new players and group them into supply- and demand-side factors. The editorial gives researchers and practitioners orientation about recent developments in entrepreneurial finance and provides avenues for relevant and fruitful further research.

Keywords: Entrepreneurial finance; SME financing; Financing instruments; New players; Trends; Crowdfunding; L26; G23; G24 (search for similar items in EconPapers)
Date: 2018
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