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This chapter discusses issues pertaining to crowdfunding and entrepreneurial internationalization. We extend prior … literature by examining case studies and portals where entrepreneurial internationalization is facilitated by crowdfunding. We …
Persistent link: https://www.econbiz.de/10013002036
were drastically impacted by COVID-19. We examine all U.S. equity crowdfunding offerings starting with the very first … housing prices post-COVID-19 are a strong predictor of the number of equity crowdfunding campaigns and the amount of capital … raised. The impact of housing price changes on crowdfunding is more pronounced among more prosperous regions. The housing …
Persistent link: https://www.econbiz.de/10012672286
Economic frictions pervade the founding, financing, growing, and exiting of high-growth entrepreneurial firms. This article considers one friction that currently affects a small, but important, set of entrepreneurs: racial and gender discrimination. I first collect facts from a large empirical...
Persistent link: https://www.econbiz.de/10013388800
Persistent link: https://www.econbiz.de/10012521465
This article is the first one that considers a model of the choice between the different types of crowdfunding, which … provides several implications, most of which have not yet been tested. Our model predicts that equity-based crowdfunding is … more profitable than reward-based crowdfunding when an entrepreneur is overconfident. This is because the entrepreneur …
Persistent link: https://www.econbiz.de/10012842167
This article is the first one that considers a model of the choice between the different types of crowdfunding, which … provides several implications, most of which have not yet been tested. Our model predicts that equity-based crowdfunding is … more profitable than reward-based crowdfunding when an entrepreneur is overconfident. This is because either the …
Persistent link: https://www.econbiz.de/10012925818
Reward-based crowdfunding has enabled entrepreneurs to interact with consumers even before the product launch. However … promised. We model the product launch-decision of an entrepreneur who raises funds through reward-based crowdfunding and … subsequently decides whether to continue with the product launch. Specifically, we investigate the extent to which crowdfunding …
Persistent link: https://www.econbiz.de/10012846963
Entrepreneurship is essential to job creation and to productivity growth and therefore is an important matter for government policy. However, policymakers face a difficult challenge because successful growth for a few firms-which cannot easily be identified in advance-is accompanied by...
Persistent link: https://www.econbiz.de/10011456185
This paper reviews the literature on the role of public equity markets in the innovation ecosystem. The review highlights the importance of public equity markets in funding the research and development activities of young and high growth firms. It also illustrates the dependence of venture...
Persistent link: https://www.econbiz.de/10011723674
Entrepreneurial ecosystems (EE) are composed not only of startups but also the organizations that support them. Theory has been ambivalent about whether an EE is spatially bounded or includes distant organizations. This exploratory study uses a time series of all internet industry initial public...
Persistent link: https://www.econbiz.de/10014088078