Venture Capital, Angel Financing, and Crowdfunding of Entrepreneurial Ventures : A Literature Review

This monograph provides a connected overview of the academic literature. The authors develop a theoretical framework that not only provides insight into the different sources of entrepreneurial equity finance but also guides the volume’s structure.

Entrepreneurial finance is defined as a topic that covers several sources of capital, such as angel investors, venture capital, private equity, hedge funds, microfinance, project finance, and more. This monograph focuses on three of these principal components – institutional financing (in the shape of formal venture capital), angel financing, and crowdfunding – in order to identify and analyze the academic literature in entrepreneurial equity finance. Venture Capital, Angel Financing, and Crowdfunding of Entrepreneurial Ventures: A Literature Review provides a connected overview of the academic literature. The authors develop a theoretical framework that not only provides insight into the different sources of entrepreneurial equity finance but also guides the volume’s structure. The cornerstones are presented in an interconnected style rather than individually. This offers the benefit of analyzing the literature that investigates the interplay between these market forces rather than simply investigating each financing technique’s individual contribution, therefore providing a sense of the overall market dynamics.