Title: Analysis of factors impeding access to finance in internet enabled crowdfunding: a systematic literature review

Authors: Emma Green; Arun Sukumar; Vahid Jafari-Sadeghi; Kaushik Pandya; Sepideh Khavarinezhad

Addresses: Sheffield Business School, Sheffield Hallam University, City Campus, Howard Street, Sheffield, S1 1WB, UK ' International Centre for Transformational Entrepreneurship, Coventry University, Sir William Lyons Building, Far Gosford Street, Coventry, CV1 5DL, UK ' International Business and Management, Aston Business School, Aston University, UK ' Sheffield Business School, Sheffield Hallam University, City Campus, Howard Street, Sheffield, S1 1WB, UK ' Department of Management, University of Turin, Corso Unione Sovietica 218 Bis, Turin, Italy

Abstract: Internet enabled crowdfunding (IECF) is evolving fast to become a global phenomenon and has an increasingly important role in the financing of entrepreneurs. The debate around problems faced by entrepreneurs in securing funding through IECF is reviewed in this paper. Through a systematic literature review (SLR), the paper explores the themes emerging from the review and discusses the emerging issues that prevent access to funding through crowdfunding platforms. Research suggests a lack of access to funding as being a fundamental problem faced by entrepreneurs, but this paper goes beyond the identification of traditional barriers and focuses on issues that are emerging because of the innovative use of Web 2.0. Further, it concludes with practice and policy implications on the emergence of new barriers for entrepreneurs.

Keywords: entrepreneurship; crowdfunding; funding; systematic literature review; SLR; internet; internet enabled crowdfunding; IECF.

DOI: 10.1504/IJTTC.2022.124342

International Journal of Technology Transfer and Commercialisation, 2022 Vol.19 No.2, pp.249 - 269

Received: 18 Feb 2021
Accepted: 20 Feb 2021

Published online: 25 Jul 2022 *

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