TY - JOUR T1 - Equity financing and entrepreneurial growth: unveiling perspectives from the growth and expansion stage TT - Özsermaye Finansmanı ve Girişim Büyümesi: Büyüme ve Genişleme Aşamasından Perspektifler AU - Alashiq, Mohammed Abdullah AU - Işın, Tamer AU - Topcu, Mustafa Kemal PY - 2025 DA - May Y2 - 2025 DO - 10.59597/akademikaci.1673925 JF - Akademik Açı PB - Ankara Bilim Üniversitesi WT - DergiPark SN - 1301-0697 SP - 38 EP - 56 VL - 5 IS - 1 LA - en AB - This study explores how equity financing supports entrepreneurial ventures' development and expansion stages. By reviewing the existing literature, this study looks into how equity finance influences business development as companies progress through different stages of entrepreneurship. The findings reveal equity financing as an important catalyst, offering both crucial capital and strategic support to scale operations effectively. Although many studies support a strong relationship between equity finance and business growth, issues such as ownership dilution and potential stakeholder conflicts are highlighted. By integrating key findings from previous research, this study strengthens the understanding of how equity financing affects entrepreneurial success. The conclusion offers valuable implications for entrepreneurs, investors, and policymakers, underlining the need for strategic financial planning to sustain long-term growth and innovation across the entrepreneurial ecosystem. KW - Equity Financing KW - Entrepreneurship KW - Entrepreneurship Life Cycle KW - Growth KW - Finance N2 - Bu çalışma, özkaynakla finansmanın girişimcilik girişimlerinin gelişim ve genişleme aşamalarını nasıl desteklediğini incelemektedir. Mevcut literatürün taranması yoluyla, şirketlerin girişimcilik yaşam döngüsündeki çeşitli aşamalardan geçerken, özkaynak finansmanının işletme gelişimini nasıl etkilediği ele alınmaktadır. Bulgular, özkaynak finansmanının yalnızca hayati sermaye sağlamasıyla değil, aynı zamanda operasyonların etkin şekilde ölçeklenmesine olanak tanıyan stratejik destek sunmasıyla da önemli bir katalizör işlevi gördüğünü ortaya koymaktadır. Pek çok çalışma, özkaynak finansmanı ile işletme büyümesi arasında güçlü bir ilişki bulunduğunu desteklese de, mülkiyetin seyrelmesi ve paydaşlar arası olası çıkar çatışmaları gibi sorunlar da vurgulanmaktadır. Bu çalışma, önceki araştırmalardan elde edilen temel bulguları bütünleştirerek, özkaynakla finansmanın girişimcilik başarısına olan etkisine dair anlayışı derinleştirmektedir. Sonuç bölümünde, girişimciler, yatırımcılar ve politika yapıcılar için değerli çıkarımlar sunularak, girişimcilik ekosisteminde uzun vadeli büyüme ve yeniliğin sürdürülebilirliği için stratejik finansal planlamanın gerekliliği vurgulanmaktadır. CR - Aly, M., Audretsch, D., & Grimm, H. (2021). 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