Kukk, Mari-Liis; Laidroo, Laivi - In: Journal of risk and financial management : JRFM 13 (2020) 12/326, pp. 1-28
Crowdfunding improves access to financing, yet cases of crowdfunding’s importance, besides traditional financing, are rare and notably localized. In explaining why global crowdfunding volumes are so heterogeneous, previous academic research has focused mainly on the existence of a legal system...