Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/25799
Appears in Collections:Management, Work and Organisation Journal Articles
Peer Review Status: Refereed
Title: Start-Ups, Entrepreneurial Networks and Equity Crowdfunding: A Processual Perspective (Forthcoming)
Authors: Brown, Ross
Mawson, Suzanne
Rowe, Alexander
Contact Email: suzanne.mawson@stir.ac.uk
Keywords: Entrepreneurship
Start-ups
Equity Crowdfunding
Social Networks
Business Networks
Entrepreneurial Networks
Citation: Brown R, Mawson S & Rowe A (2017) Start-Ups, Entrepreneurial Networks and Equity Crowdfunding: A Processual Perspective (Forthcoming), Industrial Marketing Management.
Abstract: This paper outlines findings from a large-scale interview based study of start-ups who obtained equity crowdfunding in the UK. It takes a novel integrative approach towards the analysis of entrepreneurial networks by examining both personal and business networks involved in the equity crowdfunding process. Adopting a processual perspective, the empirical findings show that networks and social capital play a critical role in the crowdfunding process. Start-ups leverage, build and draw upon a complex array of network actors and “ties” as they move through the different stages of their crowdfunding journey. The paper shows that this form of funding confers important relational benefits to recipients which amount to “more than money”. It concludes that equity crowdfunding is a highly “relational” form of entrepreneurial finance, requiring holistic forms of empirical investigation. Implications for theoretical development, managerial practice and further research are outlined.
Rights: This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.

Files in This Item:
File Description SizeFormat 
IMM Submitted Final Version 2-6-17.pdf567.6 kBAdobe PDFUnder Embargo until 29/8/2020     Request a copy

Note: If any of the files in this item are currently embargoed, you can request a copy directly from the author by clicking the padlock icon above. However, this facility is dependent on the depositor still being contactable at their original email address.



This item is protected by original copyright



Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

If you believe that any material held in STORRE infringes copyright, please contact library@stir.ac.uk providing details and we will remove the Work from public display in STORRE and investigate your claim.