3 Crowdfunding and entrepreneurship in the Western Balkans
Luca Sabia, Robin Bell and David Bozward
1. Introduction
The impact of the COVID-19 pandemic on the economy has been unprecedented. Companies have experienced a reduction of their headcounts per an increase of redundancies (OECD, 2020a) due to the sudden lack of liquidity that entrepreneurs have had to cope with, which caused a dry-up of sources of finance. As a consequence, many economies have been experiencing a harsh depression (IMF, 2020).
Despite the fast-moving scenario through which we are living preventing us from having a clear picture of the future, it has started to become clear that there will be a world prior to COVID and a world after COVID, ...
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