Financing entrepreneurship spurs innovation and economic growth. Digital financial platforms that crowdfund equity for … entrepreneurs have emerged globally, yet they remain poorly understood. We model equity crowdfunding in terms of the relationship …

Financing entrepreneurship spurs innovation and economic growth. Digital financial platforms that crowdfund equity for … entrepreneurs have emerged globally, yet they remain poorly understood. We model equity crowdfunding in terms of the relationship …

equity crowdfunding direct their investments to local firms. In line with agency theory, the results suggest that investors …-ups that run into insolvency or are dissolved, which indicates that local investments in equity crowdfunding constitute a …

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

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 …

It is often assumed that entrepreneurs retain more control of their venture when they opt for equity crowdfunding as … by analysing the cash flow and control rights crowd investors receive in equity crowdfunding in Germany, where more … capital investment contracts are also used in equity crowdfunding contracts. We find that crowd investors are asked to pay …

are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: "not …