Publications

@inproceedings{1c26804cc62c499ebd72d8fced77d664,

title = {From risks to opportunities: Real estate equity crowdfunding},

author = {Verena Schweder and Andreas Mladenow and Christine Strauss},

editor = {S. Hartmann and J. Küng and G. Kotsis and A. M. Tjoa and I. Khalil},

doi = {10.1007/978-3-030-59003-1_30},

isbn = {978-3-030-59002-4},

year  = {2020},

date = {2020-01-01},

booktitle = {Database and Expert Systems Applications. DEXA 2020},

pages = {444--454},

publisher = {Springer},

series = {Lecture Notes in Computer Science},

abstract = {Real Estate Equity Crowdfunding (REECF) enables small investments on big real estate projects through the funding by an online crowd. As there is only limited research on this novel type of financial instrument for the real estate sector, this paper investigates risks and opportunities of REECF in order to establish and improve the understanding of REECF, in particular to identify potential risks and potential opportunities that come along with an engagement in such projects. Based on traditional offline risks of capital investments, three categories of both potential risks and opportunities have been identified: market risks and opportunities, execution risks and opportunities, and agency risks and opportunities. We adopt a holistic approach, as we identified, collected and consolidated existing risks and opportunities in REECF. As a result, we introduce an up-to-date framework on real estate equity crowdfunding.},

note = {31st International Conference on Database and Expert Systems Applications, DEXA 2020 ; Conference date: 14-09-2020 Through 17-09-2020},

keywords = {Equity crowdfunding, Information systems, Real estate, Social web, SUCCESS FACTORS, User interface},

pubstate = {published},

tppubtype = {inproceedings}

}

@inproceedings{7e981b7123624fc5acc53dfc62e34b94,

title = {The impact of updates in social crowd projects: Insights from a German equity crowdfunding platform},

author = {Regina Cernicka and Andreas Mladenow and Christine Strauss},

editor = {Maria Indrawan-Santiago and Eric Pardede and Ivan Luiz Salvadori and Matthias Steinbauer and Ismail Khalil and Gabriele Anderst-Kotsis},

doi = {10.1145/3366030.3366033},

year  = {2019},

date = {2019-12-01},

booktitle = {iiWAS2019: Proceedings of the 21st International Conference on Information Integration and Web-based Applications & Services},

pages = {571–578},

publisher = {ACM},

series = {Information Integration and Web-based Applications & Services : Proceedings of the ... International Conference on Information Integration and Web-based Applications & Services},

abstract = {This paper analyzes changes in funding processes over time during equity crowdfunding projects. The study used real data from the biggest German equity crowdfunding platform, which specializes in funding businesses. The results of the study showed that updates increase not only the number of investments but also the invested amount. Therefore, updates in social crowd projects can have a positive effect on the success of an equity crowdfunding project.},

note = {Publisher Copyright: textcopyright 2019 Association for Computing Machinery. Copyright: Copyright 2022 Elsevier B.V., All rights reserved.; 21st International Conference on Information Integration and Web-Based Applications and Services, iiWAS 2019 ; Conference date: 02-12-2019 Through 04-12-2019},

keywords = {Crowdfunding Platform, crowdsourcing, Equity crowdfunding, Project Updates},

pubstate = {published},

tppubtype = {inproceedings}

}

@inproceedings{df606fabaf734cfdb23e2ddc114b5be7,

title = {Equity crowdfunding in real estate},

author = {Andreas Mladenow and Regina Cernicka and Christine Strauss and Valerie Busse and Michal Gregus},

editor = {M Younas and Awan and T Hara},

doi = {10.1109/FiCloud.2019.00029},

isbn = {978-1-7281-2889-4},

year  = {2019},

date = {2019-08-01},

booktitle = {7th International Conference on Future Internet of Things and Cloud, FiCloud 2019},

pages = {155--161},

publisher = {IEEE},

series = {International Conference on Future Internet of Things and Cloud (FiCloud)},

abstract = {Equity crowdfunding represents a relatively novel way of alternative funding for entrepreneurial initiatives. The presented paper aims at providing evidence that crowdfunding had developed into an acknowledged, sustainable adequate means of funding and its suitability for investments in commercial real estate projects. For this reason we provide (i) an overview of risks associated with equity crowdfunding from the viewpoint of entrepreneurs, of investors and of platforms, (ii) a selection of equity crowdfunding applications and its industry sectors, (iii) evidence from literature that equity crowdfunding is an acknowledged approach in research which is elaborated on in various scientific disciplines, (iv) an analysis of success factors for crowdfunding campaigns on basis of nine empirical studies, and (v) a detailed discussion of advantages and disadvantages from an investor's viewpoint based on a SWOT analysis.},

note = {7th International Conference on Future Internet of Things and Cloud, FiCloud 2019 ; Conference date: 26-08-2019 Through 28-08-2019},

keywords = {Crowdfunding industries, Crowdfunding success, Equity crowdfunding, Real estate crowdfunding, RISK, Risks},

pubstate = {published},

tppubtype = {inproceedings}

}

@inproceedings{c260ede0f3bf435994329d44ace6106a,

title = {Equity crowdfunding: Quality signals for online-platform projects and supporters’ motivations},

author = {Benjamin Buerger and Andreas Mladenow and Niina Maarit Novak and Christine Strauss},

doi = {10.1007/978-3-319-99040-8_9},

isbn = {9783319990392},

year  = {2018},

date = {2018-08-01},

booktitle = {Research and Practical Issues of Enterprise Information Systems - 12th IFIP WG 8.9 Working Conference, CONFENIS 2018, Held at the 24th IFIP World Computer Congress, WCC 2018, Proceedings},

pages = {109--119},

publisher = {Springer},

series = {Lecture Notes in Business Information Processing},

abstract = {The paper assesses and evaluates quality signals for online platform projects and motivations for equity crowdfunding which might increase a potential supporter’s propensity to commit his financial resources. Based on a literature analysis a number of motives that may have an effect on the investment decision and other non-motivational dimensions are taken into account as they might convey information about the underlying and often not directly observable qualitative characteristics of the business.},

note = {12th IFIP WG 8.9 Working Conference on Research and Practical Issues of Enterprise Information Systems, CONFENIS 2018 Held at the 24th IFIP World Computer Congress, WCC 2018 ; Conference date: 18-09-2018 Through 19-09-2018},

keywords = {Collaboration, Decision support systems, Equity crowdfunding, HBE, HCI, Social interaction, Supporters motivations},

pubstate = {published},

tppubtype = {inproceedings}

}