New financial alternatives in seeding entrepreneurship: Microfinance, crowdfunding, and peer-to-peer innovations

Garry Bruton, Susanna Khavul, Donald Siegel, Mike Wright

Research output: Contribution to journalArticle

235 Scopus citations

Abstract

New financing alternatives, such as microfinance, crowdfunding, and peer-to-peer lending, have expanded rapidly. To date, few studies have investigated the antecedents and consequences of these financing mechanisms. This special issue provides an academic foundation for understanding new financial options that entrepreneurs can now use to start and grow ventures. In the introductory article, we integrate strands of the literature on emerging innovations in entrepreneurial finance and provide a framework for a systematic approach to new research questions. We conclude with a discussion of the six papers in the special issue and demonstrate how they contribute to the framework.

Original languageEnglish (US)
Pages (from-to)9-26
Number of pages18
JournalEntrepreneurship: Theory and Practice
Volume39
Issue number1
DOIs
StatePublished - Jan 2015

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics

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