TY - JOUR
T1 - Crowdfunding and regional entrepreneurial investment
T2 - an application of the CrowdBerkeley database
AU - Yu, Sandy
AU - Johnson, Scott
AU - Lai, Chiayu
AU - Cricelli, Antonio
AU - Fleming, Lee
N1 - Publisher Copyright:
© 2017
PY - 2017/12
Y1 - 2017/12
N2 - Crowdfunding platforms enable individuals to solicit small investments, donations, or loans over the Internet from a wide variety of funders; they have emerged as a new and potentially important source of funds for entrepreneurial and philanthropic initiatives. We build and present three databases for public use, including Kickstarter, Kiva, and CrowdRise, and link regional measures of Kickstarter to entrepreneurial ventures listed in Crunchbase. We find that Kickstarter projects in a region correlate with increased angel investing activity, even after instrumenting with projects that should not be of interest to investors. The paper describes scraping tools, database schema, descriptive statistics, dashboards, access for research and policy use, and general reflections on building open databases for the research community.
AB - Crowdfunding platforms enable individuals to solicit small investments, donations, or loans over the Internet from a wide variety of funders; they have emerged as a new and potentially important source of funds for entrepreneurial and philanthropic initiatives. We build and present three databases for public use, including Kickstarter, Kiva, and CrowdRise, and link regional measures of Kickstarter to entrepreneurial ventures listed in Crunchbase. We find that Kickstarter projects in a region correlate with increased angel investing activity, even after instrumenting with projects that should not be of interest to investors. The paper describes scraping tools, database schema, descriptive statistics, dashboards, access for research and policy use, and general reflections on building open databases for the research community.
KW - Crowdfunding
KW - Entrepreneurship
KW - Regional economics
UR - http://www.scopus.com/inward/record.url?scp=85030867827&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85030867827&partnerID=8YFLogxK
U2 - 10.1016/j.respol.2017.07.008
DO - 10.1016/j.respol.2017.07.008
M3 - Article
AN - SCOPUS:85030867827
SN - 0048-7333
VL - 46
SP - 1723
EP - 1737
JO - Research Policy
JF - Research Policy
IS - 10
ER -
