Rent-a-crowd? Crowdfunding academic research

A research framework of crowdfunding platform usage

In this paper, we define the crowdfunding platform (CFP) a virtual place where project creators document their projects for gaining awareness or social support for making the project proceed. By doing so, project teams can voice the propositions they have worked on or they may also speak out on one party’s behalf for seeking advices. This paper proposes a research framework that targets the iss...

Which updates during an equity crowdfunding campaign increase crowd participation?

Start-ups often post updates during equity crowdfunding campaigns. However, little is known about the effects of such updates on crowd participation. We investigate this question by using hand-collected data from 71 funding campaigns and 39,399 investment decisions on two German equity crowdfunding portals. Using a combination of different empirical research techniques, we find that posting an ...

The Experts in the Crowd: The Role of Reputable Investors in a Crowdfunding Market

This paper examines the role of experts in an online crowdfunding market. Using a novel data set on individual investments in a crowdfunding market for mobile applications, we investigate whether early investments serve as signals of quality for later investors, and if the value of these signals differs depending on the identity of early investors. We find that while early investors have a sign...

Crowd Dynamics Simulation Research

This paper reports on research aimed at providing a more realistic simulation model of crowd behavior under both panic and non-panic conditions by modifying the Helbing-Molnar-Farkas-Vicsek (HMFV) model. Such simulations will be of great value both in operational and training contexts. Many operations deal with crowd control and accurate simulations of crowd dynamics. The approach is based on a...

Research on the Current State of Crowdfunding: The Effect of Crowdfunding Performance and Outside Capital