[PDF][PDF] Fostering Entrepreneurship through Crowdfunding: What Drives Local Biases?

J Ni, Y Xin, F Yang - 2023 - econ2.jhu.edu
We present empirical evidence consistent with strong local biases among funders in online
crowdfunding markets. What drives these biases? We find that in addition to funders' local …

Financing Micro-entrepreneurship in Online Crowdfunding Markets: Local Preference versus Information Frictions

J Ni, Y Xin - Johns Hopkins Carey Business School Research …, 2020 - papers.ssrn.com
Online crowdfunding platforms enable entrepreneurs and investors to interact with fewer
geographic constraints and have become an important financing alternative for (micro-) …