Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/52302 
Authors: 
Year of Publication: 
2011
Series/Report no.: 
Arbeitspapiere Unternehmen und Region No. R2/2011
Publisher: 
Fraunhofer-Institut für System- und Innovationsforschung ISI, Karlsruhe
Abstract: 
This article addresses crowdfunding, a relatively new form of informal financing of pro-jects and ventures. It describes its principle characteristics and the range of players in this market. The different business models of crowdfunding intermediaries are explored and illustrated. A first attempt is made to classify the different forms of funding and business models of crowdfunding intermediaries. Based on the available empirical data the paper discusses the economic relevance of crowdfunding and its applicability to start-up financing and funding creative ventures and research projects.
Document Type: 
Working Paper

Files in This Item:
File
Size
297.69 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.