Editorial on emerging technologies, crowdfunding, and entrepreneurship in emerging markets

Abstract

This special issue explores how emerging technologies are transforming entrepreneurial finance through crowdfunding in emerging markets. While entrepreneurs in these contexts face institutional voids and limited access to traditional finance, digital technologies such as mobile payments, platform algorithms, and machine learning are enabling new forms of resource mobilization. This editorial highlights three key insights: 1) digital technologies such as mobile payments and platform algorithms are transforming resource mobilization and legitimacy-building for entrepreneurs facing institutional voids; 2) crowdfunding serves not only as an alternative financing mechanism but also as a catalyst for inclusion, resilience, and innovation; and 3) platform governance and algorithmic mediation raise pressing questions of fairness and trust. We outline future research opportunities in digital affordances, informal–formal financing interactions, and policy frameworks for financial inclusion and sustainable development. The discussion advances theoretical perspectives on digitally mediated finance while offering practical guidance for entrepreneurs, policymakers, and development institutions seeking to leverage crowdfunding for venture growth in underrepresented economies.