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| 01914nam 2200361zi 4500 |
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| 001 | 9.927445 |
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| 003 | CaOODSP |
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| 005 | 20230918152305 |
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| 006 | m o d f |
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| 007 | cr |n||||||||| |
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| 008 | 230918t20232023onc ob f|0| 0 eng d |
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| 040 | |aCaOODSP|beng|erda|cCaOODSP |
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| 041 | |aeng|beng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-5/2023-28E-PDF |
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| 100 | 1 |aCimon, David A., |eauthor. |
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| 245 | 10|aCrowdfunding and risk / |cby David A. Cimon. |
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| 264 | 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2023. |
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| 264 | 4|c©2023 |
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| 300 | |a1 online resource (ii, 38 pages). |
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| 336 | |atext|btxt|2rdacontent |
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| 337 | |acomputer|bc|2rdamedia |
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| 338 | |aonline resource|bcr|2rdacarrier |
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| 490 | 1 |aStaff working paper = Document de travail du personnel, |x1701-9397 ; |v2023-28 |
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| 500 | |a"Last updated: May 29, 2023." |
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| 504 | |aIncludes bibliographical references. |
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| 520 | |a"This paper examines the role of rewards-based and equity-based crowdfunding in funding new businesses. In this model, crowdfunding is a unique technology that serves as a real option for production and eliminates downside risk. It affords entrepreneurs who face uncertain consumer demand a viable means of funding new projects. Crowdfunding performs well for projects with a high variability in demand and a low probability of success. Conversely, crowdfunding does not perform well for large projects with little variability in demand or for projects where the production side is uncertain"--Abstract. |
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| 546 | |aIncludes abstract in French. |
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| 650 | 0|aCrowd funding|zCanada. |
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| 650 | 6|aFinancement participatif|zCanada. |
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| 710 | 2 |aBank of Canada, |eissuing body. |
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| 830 | #0|aStaff working paper (Bank of Canada)|v2023-28.|w(CaOODSP)9.806221 |
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| 856 | 40|qPDF|s513 KB|uhttps://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-5-2023-28-eng.pdf |
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