The present report is a case study on crowdfunding as a finance instrument for SMEs and entrepreneurs. The report aims … improve or hamper SME access to crowdfunding opportunities; to illustrate policy experiences and programme outcomes; and to …

Crowdfunding remains a bit of an unknown in business finance. Securities crowdfunding, as a subset of that financing … market, is no more familiar. Diverse investors and risks make for a complex regulatory puzzle.Investor protection regulation … offering and investment limits), there is a lot of variation beyond those fundamental similarities. Whether the crowdfunding …

crowdfunding platforms have only emerged as a major source of funding for start-ups and new projects for a decade. The information … available to backers on crowdfunding platforms is generally coarse. This paper surveys the existing literature on the extent to … which crowdfunding harnesses the wisdom of crowds. We discuss two broad categories of crowdfunding. Reward …

Academy of Comparative Law 2018 and gives an overview of the regulation of crowdfunding in Germany and the typical design of … crowdfunding campaigns under this legal framework. After a brief survey of market data, it delineates the classification of … crowdfunding transactions in German contract law and their treatment under the applicable conflict of laws regime. It then turns to …

Under SEC Regulation Crowdfunding effective in May 2016, early-stage private companies are permitted to conduct … investors. Furthermore, analysis reveals that 47 percent of companies did not comply with Regulation Crowdfunding's requirement … securities crowdfunding offerings—low-dollar securities offerings on Internet platforms—to a large number of non …

The present paper analyses competition in the crowdfunding market in the light of the theory of two-sided markets, with …

The European Commission's Proposal for a Regulation on European Crowdfunding Service Providers (ECSPs) for businesses … crowdfunding main features, will critically and analytically analyze the main aspects of the proposed ECSPs Regulation, with … proportional regulation and shed light on the nature and future of financial-return crowdfunding in Europe …

Crowdfunding is a buzzword that signifies a sub-set in the new forms of finance facilitated by advances in information … relationships adequately in the regulatory framework. This paper analyzes the German regulation of crowdinvesting and finds that it …