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This book extends entrepreneurial finance research to the study of crowdfunding. Contributions review the history, status and future of crowdfunding, analyse the patterns of fundraising, assess the potential of crowdfunding for the financing of social ventures in particular, and discuss the regulatory implications of recent developments. While crowdfunding is not a universal solution for SME finance in a post-crisis financial landscape, it is clear that crowdfunding space is still evolving, that institutional forms are still developing as models are refined, and that new challenges are being encountered. This book was originally published as a special issue of Venture Capital.
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