Technology has democratized access to financial resources for entrepreneurs from "summary" of Developments in Entrepreneurial Finance and Technology by Audretsch, David B.,Belitski, Maksim,Rejeb, Nada,Caiazza, Rosa
The advent of technology has revolutionized the way entrepreneurs access financial resources. In the past, securing funding for a business venture was a daunting task that often required connections to wealthy individuals or financial institutions. However, with the rise of technology, entrepreneurs now have a multitude of options at their disposal to fund their ventures. One of the ways technology has democratized access to financial resources is through crowdfunding platforms. These online platforms allow entrepreneurs to pitch their ideas to a wide audience and raise funds from individuals who believe in their vision. This eliminates the need for traditional financial institutions and opens up funding opportunities to a larger pool of potential investors. Moreover, technology h...
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