Purpose ¨C Paper aims is to describe, analyze and to increase the knowledge of the emerging crowdfunding phenomenon … be classified as an exploratory research. It focuses on how the crowdfunding works. The research addresses the following … strengths and the main weaknesses of crowdfunding? The findings expose purposes, characteristics, roles and tasks, and …

This paper investigates the optimal design of crowdfunding where crowdfunders are potential consumers with standard … motivations and entrepreneurs are profit-maximizing agents. We characterize the typical crowdfunding mechanism where the …-seeking can worsen. Crowdfunding platforms can raise threshold credibility. So we also compare outcomes when the entrepreneur …

In the wake of the global economic crisis, crowdfunding has become an increasingly significant alternative form of … traditional financiers. Besides the benefits of crowdfunding, its risks should be also mentioned as they will shape the future …

this paper we explore whether crowdfunding can provide an adequate business model for the creation, nurturing and upscaling … of renewable energy niches. We empirically investigate crowdfunding initiatives and platforms linked to renewable … electricity projects in the Netherlands. The main conclusion is that the volume of crowdfunding today is low, but the dynamic of …

advertising. Additionally, we discuss nascent revenue models that combine different revenue streams such as crowdfunding (content …

place on a website set up to promote a fundraising drive by a large cancer research charity. Site visitors who choose to …

investment projects and crowdfunding. Expediency of various venture financing technologies is estimated depending on specific …