Expand innovation finance via crowdfunding

  title={Expand innovation finance via crowdfunding},
  author={Olav Sorenson and Valentina A. Assenova and Guan-Cheng Li and J. Boada and Lee Fleming},
Crowdfunding (CF) platforms, such as Kickstarter (KS), offer a means of funding innovation, connecting inventors and entrepreneurs with a multitude of supporters, who each provide a small fraction of the amount required to fund the project. Although considerable funding for innovation has historically come from venture capitalists (VCs), the entrepreneurs funded by VCs often mirror the investors in terms of their educational, social, and professional characteristics and end up concentrated in a… CONTINUE READING

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