Entrepreneurial finance
Crowdfunding
Block, J., Groh, A., Hornuf, L., Vanacker, T., Vismara, S. (2021). The entrepreneurial finance markets of the future: a comparison of crowdfunding and initial coin offerings. Small Business Economics. 57(2): 865-882.
(article - open access)Maier L., Baccarella C.V., Block J., Wagner T., Voigt K.-I. (2023). The legitimization effect of crowdfunding success: a consumer perspective. Entrepreneurship Theory and Practice. 47(4): 1389-1420.
(article - open access)Iurchenko, D., Petty, J., Block, J. (2023). The effect of online discussion boards on equity crowdfunding dynamics. Journal of Small Business Management. 61(6): 3284-3314.
(article)Iurchenko, D., Petty, J. S., Shang, C. S., Block, J. (2020). Enabling equity crowdfunding: understanding the legal approval process across four countries. International Review of Entrepreneurship. 18(2): 221-254.
(article)Zaggl, M., Block, J. (2019). Do small funding amounts lead to reverse herding? A field experiment in reward-based crowdfunding. Journal of Business Venturing Insights. 13.
(article)Block, J., Colombo, M., Cumming, D., Vismara, S. (2018). New players in entrepreneurial finance and why they are there. Small Business Economics, 50(2): 239-250.
(article - open access)Block, J., Hornuf, L., Moritz, A. (2018). Which updates during a crowdfunding campaign increase crowd participation? Small Business Economics, 50(1): 3-27.
(article - open access, working paper version)Moritz, A., Block, J. H. (2015). Crowdfunding: A literature review and research directions. In J. H. Block, A. Kuckertz (Series Eds.), D. Brüntje, O. Gajda (Vol. Eds.), FGF Studies in Small Business and Entrepreneurship: Vol. 1. Crowdfunding in Europe – State of the Art in Theory and Practice. Cham: Springer Science & Business Media, pp. 25-53.
(working paper version)Moritz, A., Block, J., Lutz, E. (2015). Investor communication in equity-based crowdfunding: A qualitative-empirical study. Qualitative Research in Financial Markets, 7(3): 309-342.
(article, working paper version)Moritz, A. (2015). Financing of small and medium-sized enterprises in Europe – financing patterns and ‘crowdfunding’. Dissertation.
(link)Block, J., Moritz, A. (2014). Crowdfunding als Finanzierungsalternative von Gründungen aus der Wissenschaft. In: Bundesministerium für Wirtschaft und Energie, 15 Jahre EXIST – EXIST-Tagungsband 2014, pp- 65-70.
(article)Moritz, A., Block, J. (2014). Crowdfunding und Crowdinvesting: State-of-the-Art der wissenschaftlichen Literatur. Zeitschrift für KMU und Entrepreneurship, 62(1): 57-89
(article, working paper version)
Initial coin offerings
Block, J., Groh, A., Hornuf, L., Vanacker, T., Vismara, S. (2021). The entrepreneurial finance markets of the future: a comparison of crowdfunding and initial coin offerings. Small Business Economics. 57(2): 865-882.
(article - open access)Fisch, C., Masiak, C., Vismara, S., Block, J. (2021). Motives and profiles of ICO investors. Journal of Business Research. 125(3): 564-576.
(article, working paper version)Masiak, C., Block, J., Masiak, T., Neuenkirch, M., Pielen, K. (2020). Initial Coin Offerings (ICOs): market cycles and relationship with Bitcoin and Ether. Small Business Economics, 55(4): 1113-1130.
(article - open access)
Bootstrapping
Block, J., Fisch, C., Hirschmann, M. (2022). The determinants of bootstrap financing in crises: evidence from entrepreneurial ventures in the COVID-19 pandemic. Small Business Economics. 58: 867-885.
(article - open access)
SME financing
Masiak, C., Moritz, A., Lang, F., Kraemer-Eis, H. (2019). How do micro firms differ in their financing patterns from larger SMEs? Venture Capital. An International Journal of Entrepreneurial Finance, 21(4): 301-325.
(article)Moritz, A., Block, J., Heinz, A. (2016). Financing patterns of European SMEs - An empirical taxonomy. Venture Capital–an International Journal of Entrepreneurial Finance, 18(2), 115-148.
(article, working paper version)Moritz, A. (2015). Financing of small and medium-sized enterprises in Europe – financing patterns and ‘crowdfunding’. Dissertation.
(link)
Venture capital and business angel funding
Block, J., Benz, L., Krämer-Eis, H., Botsari, A., Lang, F., Mandys, F. (in press). Climate issues in portfolio investment decisions: a comparison of private equity and venture capital. Venture Capital–an International Journal of Entrepreneurial Finance.
(article - open access)Kraemer-Eis, H., Block, J., Botsari, A., Lang, F., Lorenzen, S., Diegel, W. (in press). Entrepreneurial finance in Europe and the Russian war against Ukraine. Journal of Technology Transfer.
(article - open access)Block, J., Diegel, W., Fisch, C. (2024). How venture capital funding changes an entrepreneur's digital identity: more self-confidence and professionalism but less authenticity! Review of Managerial Science.18(8): 2287–2319.
(article - open access, data set)Block, J., Diegel, W., Fisch, C. (2024). Schumpeterian entrepreneurial digital identity and funding from venture capital firms. Journal of Technology Transfer. 49: 119-157.
(article, working paper version, data set)Moritz, A., Diegel, W., Block, J., Fisch, C. (2022). VC investors’ venture screening: the role of the decision maker’s education and experience. Journal of Business Economics. 92(1), 27-63.
(article - open access)Block, J. Fisch, C., Vismara, S., Andres, R. (2019). Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices. Journal of Corporate Finance, 58: 329-352.
(article - open access)Block, J., Fisch, C., Obschonka, M., Sandner, P. (2019). A personality perspective on business angel syndication. Journal of Banking and Finance, 100, 306-327.
(article, working paper version)- Ter Wal, A., Alexy, O., Block, J., Sandner, P. (2016). The best of both worlds: the benefits of specialized-brokered and diverse-closed syndication networks for new venture success. Administrative Science Quarterly, 61(3), 393-432.
(article - open access)
Zhou, H., Sandner, P., Martinelli, L., Block, J. (2016). Patents, trademarks, and their complementarity in venture capital funding. Technovation, 47: 14-22.
(article, working paper version)Block, J., De Vries, G., Schumann, J., Sandner, P. (2014). Trademarks and venture capital valuation. Journal of Business Venturing, 29(4): 453-484.
(article, working paper version)Alexy, O., Block, J, Sandner, P., Ter Wal, A. (2012). Social capital of venture capitalists and start-up funding. Small Business Economics, 39(4): 835-851.
(article, working paper version)Block, J., de Vries, G. Sandner, P. (2012). Venture capital and the financial crisis: an empirical study across industries and countries. in: D. Cumming (ed.), The Oxford Handbook of Venture Capital, Oxford University Press, pp. 37-61.
(working paper version)De Vries, G., Block, J. (2011). Venture capital syndication in times of economic crisis. Venture Capital–an International Journal of Entrepreneurial Finance, 13(3): 195-213.
(article, working paper version)Jell, F., Block, J., Henkel, F. (2011). Innovativität als Kriterium bei Venture Capital Entscheidungen. Kredit und Kapital, 44(4): 509-541.
(article, working paper version)Block, J., Sandner, P. (2011). Venture capital funding in the middle of the year 2011: are we back to pre-crisis boom levels? Strategic Change. Briefings in Entrepreneurial Finance, 20(5-6): 161-169.
(article, working paper version)Block, J., Sandner, P. (2009). What is the effect of the financial crisis on venture capital-financing? Empirical evidence from US internet start-ups. Venture Capital–an International Journal of Entrepreneurial Finance, 11(4): 295-309.
(article, working paper version)Block, J., Sandner, P. (2009). Wie wirkt sich die Finanzkrise auf Venture-Capital-Finanzierungen aus? FINANZ BETRIEB, 7/8: 427-432.
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Venture debt and debt funds
Block, J., Jang, Y. S, Kaplan, S. N., Schulze, A. (2024). A survey of private debt funds. The Review of Corporate Finance Studies. 13(2): 335-383.
(article, working paper version)Krause, C. (2023). The role of venture debt in entrepreneurial finance. Dissertation an der Universität Trier.
(dissertation)