commitment has not yet been discussed in a crowdfunding context. Applying a signaling approach, our empirical findings show that …

Over the past years crowdfunding emerged as an alternative funding channel for entrepreneurs. In contrast to … traditional financiers (banks, venture capital firms or angel investors), crowdfunding allows individuals to fund entrepreneurs … directly even with small amounts. We received individual-level data from Startnext, the biggest crowdfunding platform in …

Equity crowdfunding is an emerging financing tool that can help social start-ups and firms to collect people and … resources around a project. This paper focuses on equity crowdfunding. We look at this as a complementary financing channel … unique data set regards all the 104 Italian equity crowdfunding campaigns, launched by different platforms on the Italian …