A Conceptualized Investment Model of Crowdfunding

Beitrag in einer Fachzeitschrift

Details zur Publikation

Autor(en): Tomczak A, Brem A
Zeitschrift: Venture Capital
Verlag: Routledge
Jahr der Veröffentlichung: 2013
Band: 15
Heftnummer: 4
Seitenbereich: 335-359
ISSN: 1369-1066
eISSN: 1464-5343
Sprache: Englisch


Crowdfunding is growing in popularity as a new form of both investment opportunity and source of venture capital. This article takes a view on whether crowdfunding is a replacement or an addition to traditional seed capital sources in the early stages of a new venture. With access to angel investment decreasing since the financial crisis of 2008, crowdfunding is of great importance to start-ups seeking starting capital. However, little effort has been made to define the investment model of crowdfunding with both crowdfunder and crowdfundee in mind. Drawing on an in-depth review of current literature on crowdfunding, this article creates an investment model of crowdfunding with various reward models available to investor and investee in mind. This article provides an extensive survey of the environment of crowdfunding based on current literature. It offers a jumping off point and a thorough literature review for researchers of crowdfunding, providing a detailed examination of the current landscape of crowdfunding based on available literary sources.

FAU-Autoren / FAU-Herausgeber

Brem, Alexander Prof. Dr.
Lehrstuhl für Technologiemanagement
Tomczak, Alan


Tomczak, A., & Brem, A. (2013). A Conceptualized Investment Model of Crowdfunding. Venture Capital, 15(4), 335-359. https://dx.doi.org/10.1080/13691066.2013.847614

Tomczak, Alan, and Alexander Brem. "A Conceptualized Investment Model of Crowdfunding." Venture Capital 15.4 (2013): 335-359.


Zuletzt aktualisiert 2019-03-01 um 17:08