Effective entrepreneurial narrative design in reward crowdfunding campaigns for social ventures

Emerging Dynamics in Crowdfunding Campaigns

Crowdfunding platforms are becoming more and more popular for fund-raising of entrepreneurial ventures, but the success rate of crowdfunding campaigns is found to be less than 50%. Recent research has shown that, in addition to the quality and representations of project ideas, dynamics of investment during a crowdfunding campaign also play an important role in determining its success. To furthe...

Patents as Quality Signals for Entrepreneurial Ventures

To what extent do venture capital (VC) investors use information from patents to assess the quality of new ventures? Using a sample of 370 U.S. semiconductor start-ups, we examine when patents improve the terms by which new firms access venture capital.

Reward-based crowdfunding campaigns: informational value and access to venture capital

Redistributing Funds across Charitable Crowdfunding Campaigns

On Kickstarter only 36% of crowdfunding campaigns successfully raise sufficient funds for their projects. In this paper, we explore the possibility of redistribution of crowdfunding donations to increase the chances of success. We define several intuitive redistribution policies and, using data from a real crowdfunding platform, LaunchGood, we assess the potential improvement in campaign fundra...

Increasing the Heterogeneity and Competition of Early Stage Financing: An Analysis of the Role of Crowdfunding in Entrepreneurial Ventures

The financial crisis has decreased the opportunities of small businesses to acquire financing through conventional financial actors, such as commercial banks. This credit constraint is partly the reason for the emergence of new alternatives of financing, in addition to the spreading opportunities for communication and secure financial transfer through Internet. One of the most interesting venue...