Title
The recipe of successful crowdfunding campaigns
Abstract
Online crowdfunding websites are multi-sided platforms that offer project founders the possibility to publish their project ideas, to address potential investors, and to ask for funding. The successful funding of crowdfunding campaigns is important for founders, investors, platform operators, and diverse interest groups as well. As a consequence, research has already shed light on some success factors of crowdfunding campaigns, but the interrelations between the success factors have been neglected so far. Building upon previous research in the field of crowdfunding, investment decision making, and signaling theory, we propose a research model to explain crowdfunding success considering success factors and their interrelations. Our findings reveal that not only the factors themselves but also their interrelations are important to explain funding success. Our results are highly relevant for the stakeholders on crowdfunding platforms in order to prepare and identify successful project proposals.
Year
DOI
Venue
2019
10.1007/s12525-019-00357-8
Electronic Markets
Keywords
Field
DocType
Crowdfunding, Funding Success Factors, Investment Decision Making, Signaling Theory, Information Disclosure, D26, D9, D90, D91, G11, G23, G4, G40, G41
Publication,Economics,Success factors,Recipe,Marketing
Journal
Volume
Issue
ISSN
29
4
1019-6781
Citations 
PageRank 
References 
1
0.40
0
Authors
2
Name
Order
Citations
PageRank
Jascha-Alexander Koch161.56
Michael Siering27110.51