Strategic entrepreneurial choice between competing crowdfunding platforms

Evolutionary Fundraising Patterns and Entrepreneurial Performance in Crowdfunding Platforms

The emergence of crowdfunding could unleash substantial changes in the business environment. With the new funding platform, technology start-ups can easily access external resources. For fledgling entrepreneurs, both obtaining financial resources and creating innovation are important for their survival. Most research has been focusing on how entrepreneurs successfully raise money, but there is ...

Gimme Money! Designing Digital Entrepreneurial Crowdfunding Platforms for Persuasion and its Social Implications

The economics of crowdfunding platforms

This paper provides a description of the crowdfunding sector, considering investmentbased crowdfunding platforms as well as platforms in which funders do not obtain monetary payments. It lays out key features of this quickly developing sector and explores the economic forces at play that can explain the design of these platforms. In particular, it elaborates on cross-group and within-group exte...

Competing Platforms

Why do competing platforms or networks exist? This paper focuses on instances where the value of a platform depends on the adoption decisions of a small number of firms, and analyzes the strategic competition among platforms to get this oligopolistic side on-board. I study a bilateral contracting game among platforms and firms that allows for general externalities across both contracting and no...

Competing Models of Entrepreneurial Intentions

EXECUTIVE SUMMARY Why are intentions interesting to those who care about new venture formation? Entrepreneurship is a way of thinking, a way of thinking that emphasizes opportunities over threats. The opportunity identification process is clearly an intentional process, and, therefore, entrepreneurial intentions clearly merit our attention. Equally important, they offer a means to better explai...