Abstract
| Original language | English |
|---|---|
| Journal | Venture Capital : an International Journal of Entrepreneurial Finance |
| Volume | 15 |
| Issue number | 4 |
| Pages (from-to) | 335-359 |
| ISSN | 1369-1066 |
| DOIs | |
| Publication status | Published - 2013 |
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A Conceptualized Investment Model of Crowdfunding. / Tomczak, A.; Brem, Alexander.
In: Venture Capital : an International Journal of Entrepreneurial Finance, Vol. 15, No. 4, 2013, p. 335-359.Research output: Contribution to journal › Journal article › Research › peer-review
TY - JOUR
T1 - A Conceptualized Investment Model of Crowdfunding
AU - Tomczak, A.
AU - Brem, Alexander
PY - 2013
Y1 - 2013
N2 - Crowdfunding is growing in popularity as a new form of both investment opportunity and source of venture capital. This article takes a view on whether crowdfunding is a replacement or an addition to traditional seed capital sources in the early stages of a new venture. With access to angel investment decreasing since the financial crisis of 2008, crowdfunding is of great importance to start-ups seeking starting capital. However, little effort has been made to define the investment model of crowdfunding with both crowdfunder and crowdfundee in mind. Drawing on an in-depth review of current literature on crowdfunding, this article creates an investment model of crowdfunding with various reward models available to investor and investee in mind. This article provides an extensive survey of the environment of crowdfunding based on current literature. It offers a jumping off point and a thorough literature review for researchers of crowdfunding, providing a detailed examination of the current landscape of crowdfunding based on available literary sources.
AB - Crowdfunding is growing in popularity as a new form of both investment opportunity and source of venture capital. This article takes a view on whether crowdfunding is a replacement or an addition to traditional seed capital sources in the early stages of a new venture. With access to angel investment decreasing since the financial crisis of 2008, crowdfunding is of great importance to start-ups seeking starting capital. However, little effort has been made to define the investment model of crowdfunding with both crowdfunder and crowdfundee in mind. Drawing on an in-depth review of current literature on crowdfunding, this article creates an investment model of crowdfunding with various reward models available to investor and investee in mind. This article provides an extensive survey of the environment of crowdfunding based on current literature. It offers a jumping off point and a thorough literature review for researchers of crowdfunding, providing a detailed examination of the current landscape of crowdfunding based on available literary sources.
U2 - 10.1080/13691066.2013.847614
DO - 10.1080/13691066.2013.847614
M3 - Journal article
VL - 15
SP - 335
EP - 359
JO - Venture Capital
JF - Venture Capital
SN - 1369-1066
IS - 4
ER -