IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v106y2026ics1544612326008135.html

Digital divide and crowdfunding

Author

Listed:
  • Davaadorj, Zagdbazar
  • Enkhtaivan, Bolortuya

Abstract

We examine how the digital divide shapes entrepreneurial finance outcomes in online crowdfunding markets. Drawing on three mechanisms of digital literacy and access to capital, we argue that unequal digital infrastructure and literacy create barriers to participation in digital entrepreneurship. We find that regions with higher levels of digital divide experience significantly lower crowdfunding success rates. Our results remain robust after addressing potential endogeneity using instrumental variable estimations. We shed light on how digital inequality translates into financial exclusion in emerging online markets and highlights the importance of bridging digital gaps to promote inclusive entrepreneurial finance.

Suggested Citation

  • Davaadorj, Zagdbazar & Enkhtaivan, Bolortuya, 2026. "Digital divide and crowdfunding," Finance Research Letters, Elsevier, vol. 106(C).
    • Handle: RePEc:eee:finlet:v:106:y:2026:i:c:s1544612326008135
    DOI: 10.1016/j.frl.2026.110285
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612326008135
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2026.110285?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:106:y:2026:i:c:s1544612326008135. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.