The motivation to implement activity-based costing (ABC) in service and academia-oriented institutions are identical to other institutions; to assign indirect costs to products and services based on activities. This study presents and discusses the attempt to develop an ABC stimulation model...

Recent years have seen an upsurge of novel sources of new venture financing through crowdfunding (CF). We draw on 54,943 successfully crowdfunded projects and 3,313 venture capital (VC) investments throughout the period 04/2012-06/2015 to investigate, on the aggregate level, how crowdfunding is...

Innovative startups are newly formed companies with high growth potential which usually absorb a lot of liquidity in the early years of life, in order to finance development, against very limited collateralizable assets. This is unattractive for traditional banking intermediaries, usually...