Resources are an essential component of a successful entrepreneurial launch. Financial resources, human capital and social capital are the kinds of resources that a new venture need.

a) Critique crowdfunding as a new method for firms to raise funds, and FOUR (4) disadvantages of crowdfunding?

b) Appraise the difference between human capital and social capital. In terms of social capital, and THREE (3) alliances that have been used in the present time to extend or strengthen entrepreneurial firms.

Answer rating: 100% (QA)

A Crowdfunding can be a valuable method for firms to raise funds but it also comes with several disadvantages 1 Lack of Control When a firm relies on crowdfunding it often has to share its business pl... View the full answer