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Examines the economics and legal doctrine of private equity. After a consideration of private equity's origins, the book explores the evolution of private equity in the United States and Europe. The reference economic model is then reconstructed, with particular attention to financial flows to and from private equity firms and funds.
Offers the first serious study of the crowdfunding phenomenon, which has developed deep meaning for various stakeholders benefiting from this funding collection mechanism and its innovative new role, especially in the processes of business creation and spread of entrepreneurship.
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