Leveraging regional immigration and immigration diversity for financing crowdfunding projects

Datos Bibliográficos

ID7366763
AutoresFrancesca Di Pietro (0000-0002-2436-1682, autor de correspondencia)
Año2021
Volumen8
Número1
Páginas291-301
Fecha de publicación2021-01-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaRegional Studies Regional Science (JOURNAL)
Identificadores de la revistaISSN: 2168-1376 • E-ISSN: 2168-1376
EditorialTaylor & Francis (PUBLISHER • GB)
DOI10.1080/21681376.2021.1939129
OpenAlexW3167013074
IdiomaEN
Referencias citadas35

The study focuses on the role of regional immigration and immigration diversity in influencing entrepreneurs’ ability to crowdfund their projects by leveraging the local crowd. Relying on an empirical analysis of 3250 individual investments via three Swiss reward-based crowdfunding platforms, it is found that higher immigration and immigration diversity levels in the region of the project proponent increase his/her ability to fulfil the funding needs by leveraging local backers (as opposed to backers from different regions). Immigration and immigration diversity constitute a cultural milieu that helps the financing of innovation and the development of the local entrepreneurial economy

Business · Cultural diversity · Diversity (politics · Economic geography · Economic growth · Economics · Empirical research · Immigration · Political science · FinTech, Crowdfunding, Digital Finance · Microfinance and Financial Inclusion · Sharing Economy and Platforms