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University Evolution, Entrepreneurial Activity and Regional Competitiveness pp 415–425Cite as

Equity Crowdfunding of an Entrepreneurial Activity

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Part of the book series: International Studies in Entrepreneurship ((ISEN,volume 32))

Abstract

Several countries around the world are introducing specific regulations allowing new ventures to collect equity capital through an open call to the Internet users (equity crowdfunding). So far, the market is still in an embryonic phase but expectations are interesting, also due to the problems faced by start-up companies in funding the early-stage growth. The main challenge is to understand if equity crowdfunding may boost the development and investments of new ventures competing (or cooperating) with professional investors (business angels, funds, banks), with adequate protection for the crowd of funders. In this chapter the features of this new industry are presented, and a research agenda for the future is introduced.

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Acknowledgments

The author wishes to thank Alessandro Biffi and Manuel Columbaro for excellent research assistance.

Author information

Authors and Affiliations

  1. Politecnico di Milano – School of Management, Milan, Italy

    Giancarlo Giudici

Authors
  1. Giancarlo Giudici
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Correspondence to Giancarlo Giudici .

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Editors and Affiliations

  1. Indiana University, Bloomington, Indiana, USA

    David Audretsch

  2. Augsburg University, Augsburg, Germany

    Erik Lehmann

  3. Technology Management, University of Bergamo, Bergamo, Italy

    Michele Meoli

  4. University of Bergamo, Bergamo, Italy

    Silvio Vismara

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Giudici, G. (2016). Equity Crowdfunding of an Entrepreneurial Activity. In: Audretsch, D., Lehmann, E., Meoli, M., Vismara, S. (eds) University Evolution, Entrepreneurial Activity and Regional Competitiveness. International Studies in Entrepreneurship, vol 32. Springer, Cham. https://doi.org/10.1007/978-3-319-17713-7_20

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