Leading scholars from across the globe provide a roadmap through the rapidly evolving world of entrepreneurial finance in this timely book, exploring how start-ups and scale-ups secure funding. They analyse angels, venture capital, banks, crowdfunding, government programs and emerging technologies such as blockchain and AI, offering practical insights, identifying key gaps and future directions for research.
The book presents practical insights on causal identification, dataset usage and novel methodological approaches from lab experiments to EEG analysis. Adopting an interdisciplinary approach, it incorporates perspectives from finance, entrepreneurship, management, public policy, psychology, data science and neuroscience, facilitating a well-rounded and multi-dimensional mapping of the full landscape of entrepreneurial finance.
With its broad scope and hands-on orientation, this book is an essential companion for economics and business students seeking to understand or study how entrepreneurs are financed in todays economy. It is a crucial reference point for policymakers and analysts in innovation and SME policy, alongside data scientists and methodologists interested in finance applications.
Arvustused
A true compass for researchers and policymakers, this book masterfully synthesizes the diversity of modern financing. By integrating innovative approaches such as neuroscience and artificial intelligence, it sets new standards of excellence for high-impact research in entrepreneurial finance. An essential working tool. -- Aurélie Sannajust, KEDGE Business School, France 'The Field Guide to Entrepreneurial Finance is an invaluable compendium of research in entrepreneurial finance. Across 18 chapters, it synthesizes the expanding set of financing forms and offers concrete guidance on designing rigorous studies, crafting compelling contributions, and navigating an academic career in the field. Paeleman, Vanacker, Vismara, Dutta, and other leading scholars have produced an interdisciplinary guide that is an indispensable resource for scholars of entrepreneurial finance. -- Markku Maula, Aalto University, Finland
Contents
Introduction to Field Guide to Entrepreneurial Finance 1
Ine Paeleman, Tom Vanacker, Silvio Vismara and Supradeep Dutta
2 Financial bootstrapping research: where do we go from here? 10
Joakim Winborg and Hans Landström
3 Business angels 32
Colin Mason
4 Venture capital 64
Massimo Colombo, Sophie Manigart, Benedetta Montanaro
and Jeroen Verbouw
5 Reward-based and lending-based crowdfunding 89
Ahmed Sewaid
6 Equity crowdfunding 108
Anna Lukkarinen and Armin Schwienbacher
7 New developments in entrepreneurial finance: the rise of
blockchain-based funding mechanisms 127
Pierluigi Martino, Christian Fisch and Cristiano Bellavitis
8 Family offices 151
Joern Block
9 Banks 164
Marc Cowling, Huan Yang and Weixi Liu
10 Government as a financier of entrepreneurship 183
Supradeep Dutta and Timothy B. Folta
11 Policy questions in entrepreneurial finance 203
Rudy Aernoudt
12 Crafting original and impactful research questions 224
Shaker A. Zahra
13 Systematic literature reviews in entrepreneurial finance 246
Annalisa Croce, Francesca Tenca and Elisa Ughetto
14 Data sources for entrepreneurial finance research 263
Thomas Standaert and Jeroen Verbouw
15 Experiments in entrepreneurial finance 282
Simon Kleinert
16 Neurophysiological methods in entrepreneurial finance: a
deep dive into EEG and eye-tracking 306
Oguzhan Okumus, Silvia Stroe and Charlotta Sirén
17 Artificial intelligence and entrepreneurial finance: a guide for
research 330
Lars Hornuf and Matthias Mattusch
18 Early-career advice for entrepreneurial finance academics 363
Douglas Cumming
Edited by Ine Paeleman, Associate Professor in Entrepreneurial Finance, Antwerp Centre for Entrepreneurship Research, Department of Accountancy and Finance, Faculty of Business and Economics, University of Antwerp, Tom Vanacker, Associate Professor in Entrepreneurial Finance, Faculty of Economics and Business Administration, Ghent University, Belgium and University of Exeter Business School, UK, Silvio Vismara, Full Professor of Corporate Finance, Department of Management, University of Bergamo and Laboratory for the Analysis of CompleX Economic Systems (AXES), IMT School for Advanced Studies Lucca, Italy and Supradeep Dutta, Assistant Professor of Strategic Management, Rutgers University, USA
