Description
Fully revised and updated, this Advanced Introduction provides a comprehensive understanding of entrepreneurial finance of new and growing ventures. With a unique research-based focus, Hans Landstroem synthesizes contemporary knowledge and presents diverse theoretical approaches to explain financial decision-making in entrepreneurial ventures.
New features include:
- An updated synthesis of knowledge on entrepreneurial finance, which highlights accumulated knowledge as well as new contributions in entrepreneurial finance research
- Emphasis on entrepreneurial finance from the perspective of both entrepreneurs as well as capital providers
- An elaboration of financial issues not only in high-tech and high growth ventures, but also in the financing of more 'everyday' ventures
- A consideration of the ways the financial landscape has changed, featuring analysis of the FinTech revolution, crowdfunding and initial coin offerings (ICOs).
This second edition will serve as an excellent up-to-date resource for advanced students and scholars in entrepreneurship, innovation, finance and business. Policy-makers interested in financial issues in young and growing ventures will also find this Advanced Introduction a useful tool for exploring financial decision-making from an entrepreneur's perspective.
About the Author
Hans Landstroem, Professor Emeritus in Business Administration, Lund University, Sweden
Reviews
'This book is a must-read for anyone interested in entrepreneurial finance. From the traditional funding sources to the new financial landscape created by the fintech revolution, Hans Landstrom provides an excellent overview of the field. By adopting the perspective of both entrepreneurs and capital providers and moving beyond the traditional focus on high tech and high growth ventures, this book takes an important step in "democratizing" the literature on entrepreneurial finance to cover the financing needs of "everyday" entrepreneurs and ventures.' -- Annaleena Parhankangas, Iowa State University, US
'This book makes a significant contribution to the literature on entrepreneurial finance. It provides a comprehensive review of both the demand for, and supply of, debt and equity finance. Theory and empirical evidence are both discussed in detail. This second edition includes important new content on the changing financial landscape. I recommend that anyone who is developing a course on entrepreneurial finance should base the structure and content of their teaching around this book. It is essential reading for courses on entrepreneurial finance.' -- Colin Mason, University of Glasgow, UK
Acclaim for the first edition:
'I think readers can learn a great deal from this book. Indeed, I hope it will inspire more researchers to engage in entrepreneurial finance as a fascinating research topic.' -- Douglas Cumming, International Small Business Journal
'Over the last decades, Hans Landstroem has made important contributions to the financial bootstrapping, business angel and venture capital literatures. In this book, he provides a rich overview of the entrepreneurial finance literature, going back to the earliest contributions and breaking down the "silos" of research on entrepreneurial finance that developed in the entrepreneurship and finance literatures. Experienced researchers and PhD students will find much to learn in this book to position their own research vis-a-vis the state of the art.' -- Tom Vanacker, Ghent University, Belgium
'This book is outstanding and provides an excellent review of the study of entrepreneurial finance. It is research-based and expands our understanding of the application and adaption of traditional financial techniques to the management of new and growing ventures. The book takes the perspectives of both capital providers and entrepreneurs, with significant attention being devoted to the financial decision-making behaviors in entrepreneurial firms. Overall, this book is a must-read and offers a comprehensive and critical discussion of knowledge on the fundamental topic of entrepreneurial finance.' -- Dirk De Clercq, Brock University, Canada
Book Information
ISBN 9781800371668
Author Hans Landstroem
Format Paperback
Page Count 246
Imprint Edward Elgar Publishing Ltd
Publisher Edward Elgar Publishing Ltd