Technological advancements have led to new opportunities for financing entrepreneurial ventures from "summary" of Developments in Entrepreneurial Finance and Technology by Audretsch, David B.,Belitski, Maksim,Rejeb, Nada,Caiazza, Rosa
One of the key transformations in the entrepreneurial finance landscape is the impact of technological advancements. These advancements have not only revolutionized the way entrepreneurs conduct business but have also opened up new avenues for financing their ventures. In the past, entrepreneurs often faced challenges in accessing traditional sources of financing, such as banks and venture capital firms. However, with the rise of technology, new forms of financing have emerged, offering entrepreneurs more opportunities to fund their ventures. Crowdfunding platforms, for example, have become a popular alternative for entrepreneurs seeking capital. These platforms allow entrepreneurs to raise funds from a large number of individuals, known as "crowd investors," through online campaigns. This form of financing has democratized access to capital, enabling entrepreneurs to bypass traditional intermediaries and connect directly with potential investors. Additionally, crowdfunding allows entrepreneurs to gauge market interest in their ideas and...Similar Posts
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