Miglo, Anton - In: Journal of risk and financial management : JRFM 13 (2020) 3/39, pp. 1-38
finance more traditional products where they compete against other sellers of similar products. Major crowdfunding platforms …Crowdfunding has mostly been used to finance very unique projects. Recently, however, companies have begun using it to … where two competing firms can use crowdfunding prior to direct sales. The model provides several implications that have not …