Crowdfunding: more than money jumpstarting university entrepreneurship

  • Cornell C
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Abstract

Crowdfunding is a relatively recent phenomenon and is changing the nature of entrepreneurship, particularly for younger and first- time entrepreneurs. Crowdfunding is more than just a new way to attract funding: crowdfunding platforms are efficient and economical ways of training entrepreneurs in many “real world” fundamentals of entrepreneurship by providing a powerful combination of market validation, product validation, and customer feedback. It is the new machinery of the Lean Startup. This paper explores the latest concepts, techniques, and issues in crowdfunding and discusses its impact on entrepreneurship pedagogy and on helping students become better entrepreneurs.

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APA

Cornell, C. J. (2014). Crowdfunding: more than money jumpstarting university entrepreneurship. In National Collegiate Inventors and Innovators Alliance. Annual Conference (pp. 1–7).

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