impacted states, thus exacerbating the geographic disparity in high-growth entrepreneurship …

population. Conditioning on startups that successfully raise external finance has little impact on these gaps. The complexity of … an extensive review of a growing empirical literature in entrepreneurial finance that tests these models. The pattern of … underrepresented founders. The article ends with an extensive set of research ideas motivated by the gaps in the entrepreneurship …

initially startling. On the eve of launching equity-based crowdfunding, a new market for early-stage finance in the U.S., we …, the recent rise of crowdfunding - raising capital from many people through an online platform - which offers little … transaction costs, reputation, and market design, can explain the rise of non-equity crowdfunding and offer a framework for …

self-employment to 23%. This same time period also witnessed declines in "hometown" local entrepreneurship and the …

The U.S. entrepreneurial finance market has changed dramatically over the last two decades. Entrepreneurs raising their …