Skip to main content
Kent Academic Repository

Some initial observations on the geography of the supply of equity crowdfunding

Rostamkalaei, Anoosheh, Freel, Mark (2022) Some initial observations on the geography of the supply of equity crowdfunding. Venture Capital: An International Journal of Entrepreneurial Finance, 25 (1). pp. 65-90. ISSN 1369-1066. E-ISSN 1464-5343. (doi:10.1080/13691066.2022.2132891) (KAR id:99412)


Enthusiasm for crowdfunding’s ability to fill gaps in the provision of entrepreneurial finance continues among academics, policymakers and practitioners. In this, increasing attention has been paid to the geography of crowdfunding. This work has provided important evidence on various spatial influences on the location of platforms and campaigns and on their eventual success. In this paper, we take a rare look at the geography of the supply of crowdfunds.

Specifically, our concern is with equity crowdfunding. Drawing on a hand collected data set, combining data on investments and on investors’ locations, we explore spatial influences on the extent of crowdfunding investment beyond commonly explored issues of distance.

Item Type: Article
DOI/Identification number: 10.1080/13691066.2022.2132891
Uncontrolled keywords: Crowdfunding; equity; diffusion of innovation; geography of finance; Democratization of finance
Subjects: H Social Sciences > HF Commerce
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Funders: Social Sciences and Humanities Research Council (
Depositing User: Anoosheh Rostamkalaei
Date Deposited: 05 Jan 2023 11:50 UTC
Last Modified: 04 Mar 2024 16:18 UTC
Resource URI: (The current URI for this page, for reference purposes)

University of Kent Author Information

Rostamkalaei, Anoosheh.

Creator's ORCID:
CReDIT Contributor Roles:
  • Depositors only (login required):

Total unique views for this document in KAR since July 2020. For more details click on the image.