Crowdfunding and risk / by David A. Cimon.: FB3-5/2023-28E-PDF
"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.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.927445&sl=0
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| Title | Crowdfunding and risk / by David A. Cimon. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Description | 1 online resource (ii, 38 pages). |
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