Signaling Effects of Crowdfunding on Venture Investors' Decision Making:
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Wiesbaden
Springer Fachmedien Wiesbaden GmbH
2020
|
| Series: | Innovation und Entrepreneurship Ser
|
| Subjects: | |
| Online Access: | DE-2070s |
| Item Description: | Description based on publisher supplied metadata and other sources |
| Physical Description: | 1 Online-Ressource (207 Seiten) |
| ISBN: | 9783658315900 |
Staff View
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV048224092 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220516s2020 xx o|||| 00||| eng d | ||
| 020 | |a 9783658315900 |9 978-3-658-31590-0 | ||
| 035 | |a (ZDB-30-PQE)EBC6326334 | ||
| 035 | |a (ZDB-30-PAD)EBC6326334 | ||
| 035 | |a (ZDB-89-EBL)EBL6326334 | ||
| 035 | |a (OCoLC)1198393993 | ||
| 035 | |a (DE-599)BVBBV048224092 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-2070s | ||
| 082 | 0 | |a 658.15224 | |
| 100 | 1 | |a Mödl, Michael |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| 264 | 1 | |a Wiesbaden |b Springer Fachmedien Wiesbaden GmbH |c 2020 | |
| 264 | 4 | |c ©2020 | |
| 300 | |a 1 Online-Ressource (207 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Innovation und Entrepreneurship Ser | |
| 500 | |a Description based on publisher supplied metadata and other sources | ||
| 505 | 8 | |a Intro -- Foreword -- Acknowledgments -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 Motivation -- 1.2 Context and Objectives -- 1.3 Definitions -- 1.4 Structure -- 2 New Venture Financing Research -- 2.1 Economic Impact of New Venture Financing -- 2.2 The Equity Funding Landscape -- 2.3 Crowdfinancing -- 2.4 Interactions Across Funding Sources -- 2.5 Research Gap -- 3 Theory and Hypotheses -- 3.1 Decision Making of Venture Investors -- 3.2 Asymmetric Information and Signaling in New Venture Financing -- 3.3 Pre-Funding as a Signal-Hypotheses Development -- 4 Methods -- 4.1 Overview of Data Gathering Methods -- 4.1.1 Qualitative Interviews -- 4.1.2 Web Questionnaire -- 4.2 Stated Choice Experiments -- 4.2.1 Methods of Preference Measurement -- 4.2.2 Choice-based Conjoint Analysis -- 4.2.3 Vignette Analysis -- 4.2.4 Discussion of Choice-Experimental Approach -- 4.3 Discrete Choice Modeling -- 4.3.1 Utility Concept -- 4.3.2 Behavioral Models and Derivation of Choice Probabilities -- 4.3.2.1 Standard Logit -- 4.3.2.2 Rank-ordered Logit -- 4.3.2.3 Mixed Logit -- 4.3.3 Estimation Methods -- 4.3.3.1 Maximum Likelihood -- 4.3.3.2 Hierarchical Bayes -- 5 Data and Sample Description -- 5.1 Sample -- 5.2 Descriptive Statistics -- 5.2.1 Demographics -- 5.2.2 Investment Experience, Routines and Focus -- 5.2.3 Stated Relative Importance of Evaluation Criteria -- 5.2.4 Risk Attitude -- 5.2.5 Digital Social Networks Usage -- 5.2.6 Crowdinvesting Knowledge and Experience -- 5.3 Controls for Sample Bias -- 6 Venture Investors' Perceptions of Entrepreneurs' Financing Hierarchies -- 6.1 Theoretical Considerations and Objectives -- 6.2 Experimental Design -- 6.3 Results -- 6.3.1 Descriptive Analysis -- 6.3.2 Multivariate Analysis -- 6.3.3 Robustness Test: Bivariate Logistic Regression -- 6.4 Interpretation and Discussion | |
| 505 | 8 | |a 7 Effects of Crowdfinancing on Subsequent Venture Capital Selection -- 7.1 Experimental Design -- 7.2 Results -- 7.3 Interpretation and Discussion -- 8 Summary, Discussion and Outlook -- 8.1 Summary -- 8.2 Implications for Academic Research -- 8.3 Practical Implications -- 8.4 Limitations and Future Research -- 8.5 Conclusion -- Appendix A: Questionnaire -- Appendix B: List of Conducted Interviews -- Appendix C: Correlations of Control Variables -- References | |
| 650 | 4 | |a Crowd funding | |
| 650 | 4 | |a Venture capital | |
| 650 | 4 | |a Entrepreneurship | |
| 650 | 0 | 7 | |a Risikokapital |0 (DE-588)4124067-4 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Unternehmensgründung |0 (DE-588)4078599-3 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Crowdfunding |0 (DE-588)1041611064 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Kapitalanleger |0 (DE-588)4163258-8 |2 gnd |9 rswk-swf |
| 655 | 7 | |0 (DE-588)4113937-9 |a Hochschulschrift |2 gnd-content | |
| 689 | 0 | 0 | |a Unternehmensgründung |0 (DE-588)4078599-3 |D s |
| 689 | 0 | 1 | |a Crowdfunding |0 (DE-588)1041611064 |D s |
| 689 | 0 | 2 | |a Risikokapital |0 (DE-588)4124067-4 |D s |
| 689 | 0 | 3 | |a Kapitalanleger |0 (DE-588)4163258-8 |D s |
| 689 | 0 | |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Mödl, Michael |t Signaling Effects of Crowdfunding on Venture Investors' Decision Making |d Wiesbaden : Springer Fachmedien Wiesbaden GmbH,c2020 |z 9783658315894 |
| 912 | |a ZDB-30-PQE | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033604825 | |
| 966 | e | |u https://ebookcentral.proquest.com/lib/hwr/detail.action?docID=6326334 |l DE-2070s |p ZDB-30-PQE |q HWR_PDA_PQE |x Aggregator |3 Volltext | |
Record in the Search Index
| _version_ | 1827858320537419776 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Mödl, Michael |
| author_facet | Mödl, Michael |
| author_role | aut |
| author_sort | Mödl, Michael |
| author_variant | m m mm |
| building | Verbundindex |
| bvnumber | BV048224092 |
| collection | ZDB-30-PQE |
| contents | Intro -- Foreword -- Acknowledgments -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 Motivation -- 1.2 Context and Objectives -- 1.3 Definitions -- 1.4 Structure -- 2 New Venture Financing Research -- 2.1 Economic Impact of New Venture Financing -- 2.2 The Equity Funding Landscape -- 2.3 Crowdfinancing -- 2.4 Interactions Across Funding Sources -- 2.5 Research Gap -- 3 Theory and Hypotheses -- 3.1 Decision Making of Venture Investors -- 3.2 Asymmetric Information and Signaling in New Venture Financing -- 3.3 Pre-Funding as a Signal-Hypotheses Development -- 4 Methods -- 4.1 Overview of Data Gathering Methods -- 4.1.1 Qualitative Interviews -- 4.1.2 Web Questionnaire -- 4.2 Stated Choice Experiments -- 4.2.1 Methods of Preference Measurement -- 4.2.2 Choice-based Conjoint Analysis -- 4.2.3 Vignette Analysis -- 4.2.4 Discussion of Choice-Experimental Approach -- 4.3 Discrete Choice Modeling -- 4.3.1 Utility Concept -- 4.3.2 Behavioral Models and Derivation of Choice Probabilities -- 4.3.2.1 Standard Logit -- 4.3.2.2 Rank-ordered Logit -- 4.3.2.3 Mixed Logit -- 4.3.3 Estimation Methods -- 4.3.3.1 Maximum Likelihood -- 4.3.3.2 Hierarchical Bayes -- 5 Data and Sample Description -- 5.1 Sample -- 5.2 Descriptive Statistics -- 5.2.1 Demographics -- 5.2.2 Investment Experience, Routines and Focus -- 5.2.3 Stated Relative Importance of Evaluation Criteria -- 5.2.4 Risk Attitude -- 5.2.5 Digital Social Networks Usage -- 5.2.6 Crowdinvesting Knowledge and Experience -- 5.3 Controls for Sample Bias -- 6 Venture Investors' Perceptions of Entrepreneurs' Financing Hierarchies -- 6.1 Theoretical Considerations and Objectives -- 6.2 Experimental Design -- 6.3 Results -- 6.3.1 Descriptive Analysis -- 6.3.2 Multivariate Analysis -- 6.3.3 Robustness Test: Bivariate Logistic Regression -- 6.4 Interpretation and Discussion 7 Effects of Crowdfinancing on Subsequent Venture Capital Selection -- 7.1 Experimental Design -- 7.2 Results -- 7.3 Interpretation and Discussion -- 8 Summary, Discussion and Outlook -- 8.1 Summary -- 8.2 Implications for Academic Research -- 8.3 Practical Implications -- 8.4 Limitations and Future Research -- 8.5 Conclusion -- Appendix A: Questionnaire -- Appendix B: List of Conducted Interviews -- Appendix C: Correlations of Control Variables -- References |
| ctrlnum | (ZDB-30-PQE)EBC6326334 (ZDB-30-PAD)EBC6326334 (ZDB-89-EBL)EBL6326334 (OCoLC)1198393993 (DE-599)BVBBV048224092 |
| dewey-full | 658.15224 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 658 - General management |
| dewey-raw | 658.15224 |
| dewey-search | 658.15224 |
| dewey-sort | 3658.15224 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV048224092</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220516s2020 xx o|||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9783658315900</subfield><subfield code="9">978-3-658-31590-0</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-30-PQE)EBC6326334</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-30-PAD)EBC6326334</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-89-EBL)EBL6326334</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1198393993</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV048224092</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-2070s</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">658.15224</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Mödl, Michael</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Signaling Effects of Crowdfunding on Venture Investors' Decision Making</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Wiesbaden</subfield><subfield code="b">Springer Fachmedien Wiesbaden GmbH</subfield><subfield code="c">2020</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2020</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (207 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Innovation und Entrepreneurship Ser</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Description based on publisher supplied metadata and other sources</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Intro -- Foreword -- Acknowledgments -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 Motivation -- 1.2 Context and Objectives -- 1.3 Definitions -- 1.4 Structure -- 2 New Venture Financing Research -- 2.1 Economic Impact of New Venture Financing -- 2.2 The Equity Funding Landscape -- 2.3 Crowdfinancing -- 2.4 Interactions Across Funding Sources -- 2.5 Research Gap -- 3 Theory and Hypotheses -- 3.1 Decision Making of Venture Investors -- 3.2 Asymmetric Information and Signaling in New Venture Financing -- 3.3 Pre-Funding as a Signal-Hypotheses Development -- 4 Methods -- 4.1 Overview of Data Gathering Methods -- 4.1.1 Qualitative Interviews -- 4.1.2 Web Questionnaire -- 4.2 Stated Choice Experiments -- 4.2.1 Methods of Preference Measurement -- 4.2.2 Choice-based Conjoint Analysis -- 4.2.3 Vignette Analysis -- 4.2.4 Discussion of Choice-Experimental Approach -- 4.3 Discrete Choice Modeling -- 4.3.1 Utility Concept -- 4.3.2 Behavioral Models and Derivation of Choice Probabilities -- 4.3.2.1 Standard Logit -- 4.3.2.2 Rank-ordered Logit -- 4.3.2.3 Mixed Logit -- 4.3.3 Estimation Methods -- 4.3.3.1 Maximum Likelihood -- 4.3.3.2 Hierarchical Bayes -- 5 Data and Sample Description -- 5.1 Sample -- 5.2 Descriptive Statistics -- 5.2.1 Demographics -- 5.2.2 Investment Experience, Routines and Focus -- 5.2.3 Stated Relative Importance of Evaluation Criteria -- 5.2.4 Risk Attitude -- 5.2.5 Digital Social Networks Usage -- 5.2.6 Crowdinvesting Knowledge and Experience -- 5.3 Controls for Sample Bias -- 6 Venture Investors' Perceptions of Entrepreneurs' Financing Hierarchies -- 6.1 Theoretical Considerations and Objectives -- 6.2 Experimental Design -- 6.3 Results -- 6.3.1 Descriptive Analysis -- 6.3.2 Multivariate Analysis -- 6.3.3 Robustness Test: Bivariate Logistic Regression -- 6.4 Interpretation and Discussion</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">7 Effects of Crowdfinancing on Subsequent Venture Capital Selection -- 7.1 Experimental Design -- 7.2 Results -- 7.3 Interpretation and Discussion -- 8 Summary, Discussion and Outlook -- 8.1 Summary -- 8.2 Implications for Academic Research -- 8.3 Practical Implications -- 8.4 Limitations and Future Research -- 8.5 Conclusion -- Appendix A: Questionnaire -- Appendix B: List of Conducted Interviews -- Appendix C: Correlations of Control Variables -- References</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Crowd funding</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Venture capital</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Entrepreneurship</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Risikokapital</subfield><subfield code="0">(DE-588)4124067-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Unternehmensgründung</subfield><subfield code="0">(DE-588)4078599-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Crowdfunding</subfield><subfield code="0">(DE-588)1041611064</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Kapitalanleger</subfield><subfield code="0">(DE-588)4163258-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="655" ind1=" " ind2="7"><subfield code="0">(DE-588)4113937-9</subfield><subfield code="a">Hochschulschrift</subfield><subfield code="2">gnd-content</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Unternehmensgründung</subfield><subfield code="0">(DE-588)4078599-3</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Crowdfunding</subfield><subfield code="0">(DE-588)1041611064</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Risikokapital</subfield><subfield code="0">(DE-588)4124067-4</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="3"><subfield code="a">Kapitalanleger</subfield><subfield code="0">(DE-588)4163258-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="a">Mödl, Michael</subfield><subfield code="t">Signaling Effects of Crowdfunding on Venture Investors' Decision Making</subfield><subfield code="d">Wiesbaden : Springer Fachmedien Wiesbaden GmbH,c2020</subfield><subfield code="z">9783658315894</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-30-PQE</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033604825</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://ebookcentral.proquest.com/lib/hwr/detail.action?docID=6326334</subfield><subfield code="l">DE-2070s</subfield><subfield code="p">ZDB-30-PQE</subfield><subfield code="q">HWR_PDA_PQE</subfield><subfield code="x">Aggregator</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| genre | (DE-588)4113937-9 Hochschulschrift gnd-content |
| genre_facet | Hochschulschrift |
| id | DE-604.BV048224092 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:50:38Z |
| indexdate | 2025-03-28T17:05:34Z |
| institution | BVB |
| isbn | 9783658315900 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033604825 |
| oclc_num | 1198393993 |
| open_access_boolean | |
| owner | DE-2070s |
| owner_facet | DE-2070s |
| physical | 1 Online-Ressource (207 Seiten) |
| psigel | ZDB-30-PQE ZDB-30-PQE HWR_PDA_PQE |
| publishDate | 2020 |
| publishDateSearch | 2020 |
| publishDateSort | 2020 |
| publisher | Springer Fachmedien Wiesbaden GmbH |
| record_format | marc |
| series2 | Innovation und Entrepreneurship Ser |
| spelling | Mödl, Michael Verfasser aut Signaling Effects of Crowdfunding on Venture Investors' Decision Making Wiesbaden Springer Fachmedien Wiesbaden GmbH 2020 ©2020 1 Online-Ressource (207 Seiten) txt rdacontent c rdamedia cr rdacarrier Innovation und Entrepreneurship Ser Description based on publisher supplied metadata and other sources Intro -- Foreword -- Acknowledgments -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 Motivation -- 1.2 Context and Objectives -- 1.3 Definitions -- 1.4 Structure -- 2 New Venture Financing Research -- 2.1 Economic Impact of New Venture Financing -- 2.2 The Equity Funding Landscape -- 2.3 Crowdfinancing -- 2.4 Interactions Across Funding Sources -- 2.5 Research Gap -- 3 Theory and Hypotheses -- 3.1 Decision Making of Venture Investors -- 3.2 Asymmetric Information and Signaling in New Venture Financing -- 3.3 Pre-Funding as a Signal-Hypotheses Development -- 4 Methods -- 4.1 Overview of Data Gathering Methods -- 4.1.1 Qualitative Interviews -- 4.1.2 Web Questionnaire -- 4.2 Stated Choice Experiments -- 4.2.1 Methods of Preference Measurement -- 4.2.2 Choice-based Conjoint Analysis -- 4.2.3 Vignette Analysis -- 4.2.4 Discussion of Choice-Experimental Approach -- 4.3 Discrete Choice Modeling -- 4.3.1 Utility Concept -- 4.3.2 Behavioral Models and Derivation of Choice Probabilities -- 4.3.2.1 Standard Logit -- 4.3.2.2 Rank-ordered Logit -- 4.3.2.3 Mixed Logit -- 4.3.3 Estimation Methods -- 4.3.3.1 Maximum Likelihood -- 4.3.3.2 Hierarchical Bayes -- 5 Data and Sample Description -- 5.1 Sample -- 5.2 Descriptive Statistics -- 5.2.1 Demographics -- 5.2.2 Investment Experience, Routines and Focus -- 5.2.3 Stated Relative Importance of Evaluation Criteria -- 5.2.4 Risk Attitude -- 5.2.5 Digital Social Networks Usage -- 5.2.6 Crowdinvesting Knowledge and Experience -- 5.3 Controls for Sample Bias -- 6 Venture Investors' Perceptions of Entrepreneurs' Financing Hierarchies -- 6.1 Theoretical Considerations and Objectives -- 6.2 Experimental Design -- 6.3 Results -- 6.3.1 Descriptive Analysis -- 6.3.2 Multivariate Analysis -- 6.3.3 Robustness Test: Bivariate Logistic Regression -- 6.4 Interpretation and Discussion 7 Effects of Crowdfinancing on Subsequent Venture Capital Selection -- 7.1 Experimental Design -- 7.2 Results -- 7.3 Interpretation and Discussion -- 8 Summary, Discussion and Outlook -- 8.1 Summary -- 8.2 Implications for Academic Research -- 8.3 Practical Implications -- 8.4 Limitations and Future Research -- 8.5 Conclusion -- Appendix A: Questionnaire -- Appendix B: List of Conducted Interviews -- Appendix C: Correlations of Control Variables -- References Crowd funding Venture capital Entrepreneurship Risikokapital (DE-588)4124067-4 gnd rswk-swf Unternehmensgründung (DE-588)4078599-3 gnd rswk-swf Crowdfunding (DE-588)1041611064 gnd rswk-swf Kapitalanleger (DE-588)4163258-8 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Unternehmensgründung (DE-588)4078599-3 s Crowdfunding (DE-588)1041611064 s Risikokapital (DE-588)4124067-4 s Kapitalanleger (DE-588)4163258-8 s DE-604 Erscheint auch als Druck-Ausgabe Mödl, Michael Signaling Effects of Crowdfunding on Venture Investors' Decision Making Wiesbaden : Springer Fachmedien Wiesbaden GmbH,c2020 9783658315894 |
| spellingShingle | Mödl, Michael Signaling Effects of Crowdfunding on Venture Investors' Decision Making Intro -- Foreword -- Acknowledgments -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 Motivation -- 1.2 Context and Objectives -- 1.3 Definitions -- 1.4 Structure -- 2 New Venture Financing Research -- 2.1 Economic Impact of New Venture Financing -- 2.2 The Equity Funding Landscape -- 2.3 Crowdfinancing -- 2.4 Interactions Across Funding Sources -- 2.5 Research Gap -- 3 Theory and Hypotheses -- 3.1 Decision Making of Venture Investors -- 3.2 Asymmetric Information and Signaling in New Venture Financing -- 3.3 Pre-Funding as a Signal-Hypotheses Development -- 4 Methods -- 4.1 Overview of Data Gathering Methods -- 4.1.1 Qualitative Interviews -- 4.1.2 Web Questionnaire -- 4.2 Stated Choice Experiments -- 4.2.1 Methods of Preference Measurement -- 4.2.2 Choice-based Conjoint Analysis -- 4.2.3 Vignette Analysis -- 4.2.4 Discussion of Choice-Experimental Approach -- 4.3 Discrete Choice Modeling -- 4.3.1 Utility Concept -- 4.3.2 Behavioral Models and Derivation of Choice Probabilities -- 4.3.2.1 Standard Logit -- 4.3.2.2 Rank-ordered Logit -- 4.3.2.3 Mixed Logit -- 4.3.3 Estimation Methods -- 4.3.3.1 Maximum Likelihood -- 4.3.3.2 Hierarchical Bayes -- 5 Data and Sample Description -- 5.1 Sample -- 5.2 Descriptive Statistics -- 5.2.1 Demographics -- 5.2.2 Investment Experience, Routines and Focus -- 5.2.3 Stated Relative Importance of Evaluation Criteria -- 5.2.4 Risk Attitude -- 5.2.5 Digital Social Networks Usage -- 5.2.6 Crowdinvesting Knowledge and Experience -- 5.3 Controls for Sample Bias -- 6 Venture Investors' Perceptions of Entrepreneurs' Financing Hierarchies -- 6.1 Theoretical Considerations and Objectives -- 6.2 Experimental Design -- 6.3 Results -- 6.3.1 Descriptive Analysis -- 6.3.2 Multivariate Analysis -- 6.3.3 Robustness Test: Bivariate Logistic Regression -- 6.4 Interpretation and Discussion 7 Effects of Crowdfinancing on Subsequent Venture Capital Selection -- 7.1 Experimental Design -- 7.2 Results -- 7.3 Interpretation and Discussion -- 8 Summary, Discussion and Outlook -- 8.1 Summary -- 8.2 Implications for Academic Research -- 8.3 Practical Implications -- 8.4 Limitations and Future Research -- 8.5 Conclusion -- Appendix A: Questionnaire -- Appendix B: List of Conducted Interviews -- Appendix C: Correlations of Control Variables -- References Crowd funding Venture capital Entrepreneurship Risikokapital (DE-588)4124067-4 gnd Unternehmensgründung (DE-588)4078599-3 gnd Crowdfunding (DE-588)1041611064 gnd Kapitalanleger (DE-588)4163258-8 gnd |
| subject_GND | (DE-588)4124067-4 (DE-588)4078599-3 (DE-588)1041611064 (DE-588)4163258-8 (DE-588)4113937-9 |
| title | Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| title_auth | Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| title_exact_search | Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| title_exact_search_txtP | Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| title_full | Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| title_fullStr | Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| title_full_unstemmed | Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| title_short | Signaling Effects of Crowdfunding on Venture Investors' Decision Making |
| title_sort | signaling effects of crowdfunding on venture investors decision making |
| topic | Crowd funding Venture capital Entrepreneurship Risikokapital (DE-588)4124067-4 gnd Unternehmensgründung (DE-588)4078599-3 gnd Crowdfunding (DE-588)1041611064 gnd Kapitalanleger (DE-588)4163258-8 gnd |
| topic_facet | Crowd funding Venture capital Entrepreneurship Risikokapital Unternehmensgründung Crowdfunding Kapitalanleger Hochschulschrift |
| work_keys_str_mv | AT modlmichael signalingeffectsofcrowdfundingonventureinvestorsdecisionmaking |