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Introduction

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The Economics of Crowdfunding

Abstract

This chapter introduces the literature on donation- and reward-based crowdfunding, crowdinvesting, and crowdlending models. We provide statistics on the size of the market as in 2015. We summarize some of the early research on the topic, and suggest some avenues for future research.

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Author information

Authors and Affiliations

  1. Schulich School of Business, York University, Toronto, ON, Canada

    Douglas Cumming

  2. Business Studies & Economics, University of Bremen, Bremen, Germany

    Lars Hornuf

  3. Max Planck Institute for Innovation and Competition, Munich, Germany

    Lars Hornuf

  4. Center of Finance, University of Regensburg, Regensburg, Germany

    Lars Hornuf

  5. CESifo, Munich, Germany

    Lars Hornuf

Authors
  1. Douglas Cumming
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  2. Lars Hornuf
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Editor information

Editors and Affiliations

  1. Schulich School of Business, York University, Toronto, Canada

    Douglas Cumming

  2. Faculty of Business Studies and Economics, University of Bremen, Bremen, Germany

    Lars Hornuf

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Cumming, D., Hornuf, L. (2018). Introduction. In: Cumming, D., Hornuf, L. (eds) The Economics of Crowdfunding. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-66119-3_1

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  • DOI: https://doi.org/10.1007/978-3-319-66119-3_1

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-66118-6

  • Online ISBN: 978-3-319-66119-3

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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