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Article

New players in entrepreneurial finance and why they are there

Joern BlockErasmus University Rotterdam, Rotterdam, the NetherlandsMassimo G. ColomboPolitecnico di Milano, Milan, ItalyDouglas J. CummingSchulich School of Business, York University, Toronto, CanadaSilvio VismaraUniversity of Augsburg, Augsburg, Germany
2017en
ABI

Abstract

The landscape for entrepreneurial finance has changed strongly over the last years. Many new players have entered the arena. This editorial introduces and describes the new players and compares them along the four dimensions: debt or equity, investment goal, investment approach, and investment target. Following this, we discuss the factors explaining the emergence of the new players and group them into supply- and demand-side factors. The editorial gives researchers and practitioners orientation about recent developments in entrepreneurial finance and provides avenues for relevant and fruitful further research.

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