Cyborg Entrepreneurship
Research Programs
Resource Mobilization & Business Model DesignMethods & Infrastructure

A Review and Roadmap of Entrepreneurial Equity Financing

VC, CVC, Angel Investment, Crowdfunding, & Accelerators

Will Drover, Sharon Matusik, Lowell Busenitz, Aaron Anglin, Gary Dushnitsky
Journal of Management, 43(6): 1820-1853
published1 min read

Overview

Published in the Journal of Management and recipient of the 2017 Holtzman Research Award, this paper provides a comprehensive review and roadmap of the entrepreneurial equity financing ecosystem. It maps the full landscape of financing mechanisms — VC, CVC, angel investment, crowdfunding, and accelerators — and identifies how the ecosystem has evolved and where critical research opportunities remain.

Contribution to the Research Program

This is a foundational review for the Resource Mobilization stream, establishing the landscape of equity financing that subsequent work on AI startup hype, crowdfunding platforms, and resource mobilization strategies builds upon.