Research by N36 faculty Ajay Agrawal, Christian Catalini and Avi Goldfarb on the economics of crowdfunding published today by the National Bureau of Economic Research (http://www.nber.org/papers/w19133).
It is not surprising that the financing of early-stage creative projects and ventures is typically geographically localized since these types of funding decisions are usually predicated on personal relationships and due diligence requiring face-to-face interactions in response to high levels of risk, uncertainty, and information asymmetry.
"The First 24-hours" Part 2 of our 6-part webseries
This episode highlights the 70 finalists arriving in Toronto for National Selection Weekend 2012, a keynote by Michael Lee-Chin, speed networking, intense 1-on-1 interviews and the beginning of late-night deliberations by The Next 36 Selection Committee.
What is entrepreneurship? That was the question asked to the 70 finalists when they arrived in Toronto for the National Selection Weekend.
Young aspiring entrepreneurs from across the country took turns at the question in Becoming the Next 36, Canada’s entrepreneurial leadership initiative and six-part biweekly webisode. From improving and innovating the way of life to self-growth, graduates introduce their perspective of what their future occupation means to them.