Calabash, NC, August 23, 2013 –(PR.com)– Michael Jensen, The Chairman of the global economics research website, Social Science Research Network (SSRN), announced today that an article on crowdfunding by Thomas Vass, a regional economist and investment advisor located in Calabash, North Carolina, was ranked in the global top ten for downloads on the SSRN Entrepreneurs Channel.
Jensen stated, “The Nexus of Financial and Political Interests Between Crowd Funders and Regional Economic Development Professionals,” was recently listed on SSRN‘s Top Ten download list for: ERPN: Entrepreneurs (Finance) (Topic).
The article is available for free at http://ssrn.com/abstract=2291198
Vass wrote the article as a part of his upcoming presentation to the State Science Technology Institute (SSTI) national conference on the topic of how crowdfunding fits into a regional economic growth strategy. The article was also published on the global crowdfunding website, Crowdsourcing.org.
“The private capital market world has been completely changed as a result of crowdfunding,” said Vass. “The main beneficiaries of the change in raising private capital are established small technology companies who need a small amount of capital to commercialize a new product or service.”
“While the main media attention has been on Title II and III of the JOBS Act of 2012, I believe that the more significant changes are to the new Rule 144A offerings, and the new Reg A+ offerings, which allow a company to raise up to $50 million dollars, in a direct corporate private offering,” he stated. “At my presentation to the members of the SSTI convention in September, I hope to describe how all the new rules on raising capital can fit into a small business regional economic growth strategy.”
About SSRN: Social Science Research Network (SSRN) is a world wide network of over 233,000 authors and more than 1.7 million users that is devoted to the rapid worldwide dissemination of social science research. The SSRN platform contains over 500,300 scholarly working articles and over 408,100 downloadable full text documents in Adobe Acrobat pdf format. Michael Jensen is the Jesse Isidor Straus Professor of Business Administration, Emeritus, Harvard Business School; Founding Editor of the Journal of Financial Economics, Chairman, Social Science Electronic Publishing, Past President of the American Finance Association, and of the Western Economics Association International.
About Thomas Vass: Vass is currently ranked in the top 1.92% of the global economists who publish on the SSRN platform. Vass is a regional economist with a research interest in the relationship between regional technological innovation, regional capital markets and regional economic growth. He is the author or Predicting Technology: Identifying Future Market Opportunities and Disruptive Technologies (Wingspan Press, 2007). He is a registered investment advisor, and his investment management work involves a commercial application of the Feser Technology Cluster methodology to selecting technology stocks for investment portfolios and identifying private capital investments in regional economies. He is the holder of a patent on technology stock selection, and the manager of a subscription based equity crowdfunding website, The Private Capital Market. He graduated with a BA from the University of North Carolina at Chapel Hill and has a Masters of Regional Planning, also from UNC–CH. He is located in Calabash, North Carolina.