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.

Di Pietro, F. (2021). Leveraging regional immigration and immigration diversity for financing crowdfunding projects. REGIONAL STUDIES, REGIONAL SCIENCE, 8(1), 291-301 [10.1080/21681376.2021.1939129].

Leveraging regional immigration and immigration diversity for financing crowdfunding projects

Di Pietro F.
Primo
Membro del Collaboration Group
2021

Abstract

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.
Articolo in rivista - Articolo scientifico
G20; local backers; O30; R10; R23; regional immigration; regional immigration diversity; reward-based crowdfunding;
English
2021
8
1
291
301
none
Di Pietro, F. (2021). Leveraging regional immigration and immigration diversity for financing crowdfunding projects. REGIONAL STUDIES, REGIONAL SCIENCE, 8(1), 291-301 [10.1080/21681376.2021.1939129].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/355435
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