unique dataset from an enterprise crowdfunding initiative at Siemens where 265 employees evaluated 77 ideas by allocating …

with uncertainty, like crowdfunding, entrepreneurial confidence is an important signal that lowers the information … confidence and examine their relation to entrepreneurial success in reward-based crowdfunding. Derived from ex-ante information …

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 …

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