2 Crowdfunding in DETEs

A literature review

Sayema Sultana and Fiza Qureshi

DOI: 10.4324/9781003134282-3

1. Introduction

The advancement of technology, decentralized use of the Internet, progression into the age of knowledge, accelerated use of smartphones, and social media have made revolutionary contributions in financing promising projects innovated by creative entrepreneurs. These have liberated entrepreneurs from the constraints and strict hierarchies inflicted by traditional financing institutions (Abu Amuna et al., 2017). The entrepreneurial finance landscape has witnessed significant diversity in recent years with the penetration of numerous players into the arena. In today’s modern knowledge-intensive economy, new, inventive firms ...

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