Abstract
This study analyses the relationship between geographic space, social networks, and financial knowledge in interregional equity crowdfunding flows based on the concept of financial ecology. Using data from a leading Dutch equity crowdfunding platform, we find that interregional crowdfunding investment decreases with geographic distance. Furthermore, the negative effect of distance is weaker if interregional social networks are strong and if the investor region has a high concentration of the financial industry. The results extend the conceptual foundation of financial ecology by explaining how individual behaviors affect the macro-level output of a financial ecology.
Original language | English |
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Article number | lbae009 |
Pages (from-to) | 549-565 |
Number of pages | 17 |
Journal | Journal of Economic Geography |
Volume | 24 |
Issue number | 4 |
Early online date | 15 Apr 2024 |
DOIs | |
Publication status | Published - 15 Apr 2024 |
Bibliographical note
Publisher Copyright:# The Author (2024).
Research Groups and Themes
- MGMT Strategy International Management and Business and Entrepreneurship
Keywords
- MGMT_Strategy_International_Management_and_Business_and_Entrepreneurship