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Past Issue • Apr-Jun 2014

Crowdfunding: The New Wave of Financing for Entrepreneurial and Social Initiatives

In this article, Professors Sunil Wattal, Gordon Burtch and Anindya Ghose explore various dimensions of the growing phenomenon of crowdfunding as a powerful instrument of entrepreneurial finance. They look at the upsides and potential pitfalls of this rapidly emerging industry and efforts underway to better understand and regulate it. They also consider the potential of crowdfunding as a “democratising” process to foster economic growth, innovation and social change in both the developed and developing world by removing the traditional barriers to entrepreneurship.


  • Sunil-Wattal

    Sunil Wattal

    Sunil Wattal is an Assistant Professor of Management Information Systems at the Fox School of Business, Temple University in Philadelphia, Pennsylvania.
  • Gordon-Burtch

    Gordon Burtch

    Gordon Burtch is an Assistant Professor of Information and Decision Sciences at the University of Minnesota’s Carlson School of Management in Minneapolis, Minnesota.
  • Anindya-Ghose

    Anindya Ghose

    Anindya Ghose is a Professor of Information, Operations and Management Sciences and a Professor of Marketing at New York University’s Stern School of Business. He is also co-Director of the Center for Business Analytics at NYU Stern in New York.
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