Out of control or right on the money? Funder self-efficacy and crowd bias in equity crowdfunding

@article{Stevenson2019OutOC,
  title={Out of control or right on the money? Funder self-efficacy and crowd bias in equity crowdfunding},
  author={Regan M. Stevenson and Michael P. Ciuchta and Chaim Rossm Letwin and Jenni M. Dinger and Jeffrey B. Vancouver},
  journal={Journal of Business Venturing},
  year={2019}
}

Entrepreneur fund-seeking: toward a theory of funding fit in the era of equity crowdfunding

Why do entrepreneurs prefer to seek one equity form of funding over another? To address this question, we develop a contingency-based model of perceived funding fit that delineates several factors

Crowdfunding as a screener for collective investment

TLDR
Research indicates that crowdfunding is also an effective screener for collective investment, in contrast to popular perceptions of crowdfunding markets as a new financing tool or marketing tool for entrepreneurs.

Exploring entrepreneurial characteristics, motivations and behaviours in equity crowdfunding: some evidence from Italy

PurposeThis study explores entrepreneurial decision-making in the equity crowdfunding (ECF) context, and it aims to shed some light on the relationship among three aspects: entrepreneurial

I Am What I Pledge: The Importance of Value Alignment for Mobilizing Backers in Reward-Based Crowdfunding

Crowdfunding has emerged as an important alternative financing tool for entrepreneurs. Extant research on the antecedents of crowdfunding success have produced divergent results. By applying the

Million dollar personality: a systematic literature review on personality in crowdfunding

Expressed personality traits can play a pivotal role in convincing investors in crowdfunding. Our study answers the research question: What is the current body of knowledge regarding the relationship

Equity Crowdfunding: Principles and Investor Behaviour

The chapter provides a topical summary of the present research knowledge of equity crowdfunding. It describes the typical equity crowdfunding process, investor characteristics, and investor

Hidden Influences of Crowd Behavior in Crowdfunding: An Experimental Study

Crowdfunding continues to transform financing opportunities for many across the globe. While extensive research has explored factors related to fundraising success, less is known about the social

Equity Crowdfunding

Funding information The University of Strathclyde is a leading international technological university that hasmade Fintech one of its strategic clusters. This paper reviews the literature on equity

References

SHOWING 1-10 OF 151 REFERENCES

Crowdfunding in a Prosocial Microlending Environment: Examining the Role of Intrinsic versus Extrinsic Cues

Microloans garnered from crowdfunding provide an important source of financial capital for nascent entrepreneurs. Drawing on cognitive evaluation theory, we assess how linguistic cues known to affect

Signaling in Equity Crowdfunding

This paper presents a first–ever empirical examination of the effectiveness of signals that entrepreneurs use to induce (small) investors to commit financial resources in an equity crowdfunding

Does the Possibility to Make Equity Investments in Crowdfunding Projects Crowd Out Reward–Based Investments?

Despite crowdfunding's increasing popularity as a vehicle for financing early–stage ventures, we still know relatively little about the mechanisms that drive individuals to pledge and invest via such

Equity Crowdfunding: A New Phenomena

Crowdfunding has recently become available for entrepreneurs. Most academic studies analyse data from rewards-based (pre-selling) campaigns. In contrast, in this paper we analyse 636 campaigns,

Regulatory Focus and Information Cues in a Crowdfunding Context

It is well understood that information cues associated with an investment opportunity generally impact one's willingness to participate in that opportunity. What is less well understood, however, is
...