The entrepreneurial finance markets of the future: a comparison of crowdfunding and initial coin offerings
dc.contributor.author | Block, JH | |
dc.contributor.author | Groh, A | |
dc.contributor.author | Hornuf, L | |
dc.contributor.author | Vanacker, T | |
dc.contributor.author | Vismara, S | |
dc.date.accessioned | 2020-04-08T06:48:46Z | |
dc.date.issued | 2020-04-07 | |
dc.description.abstract | Entrepreneurial finance markets are in a dynamic state. New market niches and players have developed and continue to emerge. The rules of the game and the methods for receiving financial backing have changed in many ways. This editorial and the special issue of Small Business Economics focus on crowdfunding (CF) and initial coin offerings (ICOs), which are two distinct but important entrepreneurial finance market segments of the future. Although the two market segments initially appear to be similar, we identify differences between them. Our comparison focuses on the stakeholders, microstructures, regulatory environments, and development of the markets. We conclude with suggestions for future ICO and CF research. | en_GB |
dc.description.sponsorship | Projekt DEAL | en_GB |
dc.identifier.citation | Published online 7 April 2020 | en_GB |
dc.identifier.doi | 10.1007/s11187-020-00330-2 | |
dc.identifier.uri | http://hdl.handle.net/10871/120614 | |
dc.language.iso | en | en_GB |
dc.publisher | Springer Verlag | en_GB |
dc.rights | © 2020 The authors. Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/. | en_GB |
dc.subject | crowdfunding | en_GB |
dc.subject | SME financing | en_GB |
dc.subject | ICOs | en_GB |
dc.subject | blockchain | en_GB |
dc.subject | initial coin offering | en_GB |
dc.subject | entrepreneurial finance | en_GB |
dc.title | The entrepreneurial finance markets of the future: a comparison of crowdfunding and initial coin offerings | en_GB |
dc.type | Article | en_GB |
dc.date.available | 2020-04-08T06:48:46Z | |
dc.identifier.issn | 0921-898X | |
dc.description | This is the final version. Available from Springer Verlag via the DOI in this record. | en_GB |
dc.identifier.journal | Small Business Economics | en_GB |
dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | en_GB |
dcterms.dateAccepted | 2020-01-19 | |
rioxxterms.version | VoR | en_GB |
rioxxterms.licenseref.startdate | 2020-01-19 | |
rioxxterms.type | Journal Article/Review | en_GB |
refterms.dateFCD | 2020-04-08T06:45:18Z | |
refterms.versionFCD | VoR | |
refterms.dateFOA | 2020-04-08T06:48:49Z | |
refterms.panel | C | en_GB |
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Except where otherwise noted, this item's licence is described as © 2020 The authors. Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.