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The Relevance of Crowdfunding

The Impact on the Innovation Process of Small Entrepreneurial Firms

  • Book
  • © 2015

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  • Publication in the field of economic sciences

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Table of contents (6 chapters)

Keywords

About this book

Nadine Scholz shows that crowdfunding potentially shortens the development cycle of new products, thus enabling an earlier market entry. Hence, crowdfunding serves as a multifaceted early-stage support instrument for innovation implementation facilitated by the crowd's resources. It not only provides upfront cash for product development and production, more importantly it enables a firm to show traction through the validation of the market demand that is based on the crowd's function as information multiplicator generating public exposure and feedback. 

Authors and Affiliations

  • University of Manchester, Manchester, United Kingdom

    Nadine Scholz

About the author

Nadine Scholz received her Master’s degree in Innovation Management and Entrepreneurship from Manchester Business School, UK. 

Bibliographic Information

  • Book Title: The Relevance of Crowdfunding

  • Book Subtitle: The Impact on the Innovation Process of Small Entrepreneurial Firms

  • Authors: Nadine Scholz

  • DOI: https://doi.org/10.1007/978-3-658-09837-7

  • Publisher: Springer Gabler Wiesbaden

  • eBook Packages: Business and Economics, Business and Management (R0)

  • Copyright Information: Springer Fachmedien Wiesbaden 2015

  • Softcover ISBN: 978-3-658-09836-0Published: 09 June 2015

  • eBook ISBN: 978-3-658-09837-7Published: 26 May 2015

  • Edition Number: 1

  • Number of Pages: XII, 86

  • Number of Illustrations: 15 b/w illustrations

  • Topics: Innovation/Technology Management, Entrepreneurship

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