Contemporary Developments in Entrepreneurial Finance An Academic and
More extensive regulations, new technologies, and new means of communication have significantly changed the financing landscape for startups and small to medium-sized companies (SMEs). This volume provides a contemporary research-based overview of the lat
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Alexandra Moritz Joern H. Block Stephan Golla Arndt Werner Editors
Contemporary Developments in Entrepreneurial Finance An Academic and Policy Lens on the Status-Quo, Challenges and Trends
FGF Studies in Small Business and Entrepreneurship
Editor-in-Chief Joern H. Block Trier University, Trier, Germany Andreas Kuckertz University of Hohenheim, Stuttgart, Germany Editorial Board Dietmar Grichnik University of St. Gallen, St. Gallen, Switzerland Friederike Welter University of Siegen, Siegen, Germany Peter Witt University of Wuppertal, Wuppertal, Germany
More information about this series at http://www.springer.com/series/13382
Alexandra Moritz • Joern H. Block • Stephan Golla • Arndt Werner Editors
Contemporary Developments in Entrepreneurial Finance An Academic and Policy Lens on the Status-Quo, Challenges and Trends
Editors Alexandra Moritz Trier University Trier, Germany
Joern H. Block Trier University Trier, Germany
Stephan Golla Fulda University of Applied Sciences Fulda, Germany
Arndt Werner University of Siegen Siegen, Germany
ISSN 2364-6918 ISSN 2364-6926 (electronic) FGF Studies in Small Business and Entrepreneurship ISBN 978-3-030-17611-2 ISBN 978-3-030-17612-9 (eBook) https://doi.org/10.1007/978-3-030-17612-9 © Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
About the FGF Studies in Small Business and Entrepreneurship
Understanding entrepreneurship and entrepreneurial phenomena in new ventures, small businesses, and established corporations is of crucial importance for entrepreneurs, corporate managers, and policymakers alike. Since its inception in 1987, the Förderkreis Gründungsforschung e.V. (FGF) has strongly supported the develo
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