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A snapshot on crowdfunding

: Hemer, Joachim

Volltext urn:nbn:de:0011-n-1859318 (298 KByte PDF)
MD5 Fingerprint: 55aefdc04e8d49be0f640310ace2e213
Erstellt am: 24.11.2011

Karlsruhe: Fraunhofer ISI, 2011, 42 S.
Working Papers Firms and Region, R2/2011
Bericht, Elektronische Publikation
Fraunhofer ISI ()

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.