The Dynamics of Crowdfunding: Determinants of Success and Failure

Contenu

Titre

The Dynamics of Crowdfunding: Determinants of Success and Failure

Date de soumission

2 juillet 2013 à 06:46:04 +00:00

Date

26 juin 2013

Créateur

Ethan R. Mollick

Est référencé par

I289NRHN

Résumé

Crowdfunding allows founders of for-profit, artistic, and cultural ventures to fund their efforts by drawing on relatively small contributions from a relatively large number of individuals using the internet, without standard financial intermediaries. Drawing on a dataset of over 48,500 projects with combined funding over $237M, this paper offers a description of the underlying dynamics of success and failure among crowdfunded ventures. It suggests that personal networks and underlying project quality are associated with the success of crowdfunding efforts, and that geography is related to both the type of projects proposed and successful fundraising. Finally, I find that the vast majority of founders seem to fulfill their obligations to funders, but that over 75% deliver products later than expected, with the degree of delay predicted by the level and amount of funding a project receives. These results offer insight into the emerging phenomenon of crowdfunding, and also shed light more generally on the ways that the actions of founders may affect their ability to receive entrepreneurial financing.

Numéro

ID 2088298

Type

SSRN Scholarly Paper

Editeur

Rochester, NY

Titre abrégé

The Dynamics of Crowdfunding

uri

http://papers.ssrn.com/abstract=2088298

Source

papers.ssrn.com

lccn

0000

is compiled by

Lucky Semiosis

is in semantic relation with

A-LIRE

Kickstarter

crowdfunding

crowd funding

venture

entrepreneur

Complexité

341

Date de modification

8 septembre 2023 à 06:52:28 +00:00

Détails de la complexité

Physique,1,,,,,21,21

Physique,2,,,,,30,60

Actant,2,,,,,2,4

Concept,1,,,,,20,20

Concept,2,,,,,35,70

Rapport,1,1,Physique,Concept,properties,20,20

Rapport,1,1,Physique,Physique,values,20,20

Rapport,1,1,Physique,Actant,dcterms:creator,1,1

Rapport,2,2,Actant,Concept,properties,9,18

Rapport,2,2,Actant,Physique,values,9,18

Rapport,1,1,Physique,Actant,cito:isCompiledBy,1,1

Rapport,1,1,Physique,Concept,skos:semanticRelation,6,6

Rapport,2,2,Concept,Concept,properties,18,36

Rapport,2,2,Concept,Physique,values,18,36

Rapport,1,1,Physique,Physique,media,1,1

Rapport,2,2,Physique,Concept,properties,2,4

Rapport,2,2,Physique,Physique,values,2,4

Rapport,1,1,Physique,Physique,uri,1,1

Totaux de la complexité

Physique,2,1,2,51,81

Actant,1,2,2,2,4

Concept,2,1,2,55,90

Rapport,13,1,2,108,166

Existence,18,1,2,216,341

489

Date de modification

8 janvier 2024 à 10:51:43 +00:00

Détails de la complexité

dimension,niv (sujet),niv objet,sujet,objet,prédicat,nb,c

Physique,1,,,,,21,21

Physique,2,,,,,57,114

Actant,1,,,,,1,1

Actant,2,,,,,2,4

Concept,1,,,,,15,15

Concept,2,,,,,50,100

Rapport,1,1,Actant,Concept,properties,15,15

Rapport,1,1,Actant,Physique,values,20,20

Rapport,1,1,Actant,Physique,owner,1,1

Rapport,2,1,Actant,Physique,oa:hasSource,6,12

Rapport,2,2,Actant,Concept,properties,44,88

Rapport,2,2,Actant,Physique,values,44,88

Rapport,1,1,Actant,Actant,dcterms:creator,1,1

Rapport,1,1,Actant,Actant,cito:isCompiledBy,1,1

Rapport,1,1,Actant,Concept,skos:semanticRelation,6,6

Rapport,1,1,Actant,Physique,media,1,1

Rapport,1,1,Actant,Physique,uri,1,1

Totaux de la complexité

Physique,2,1,2,78,135

Actant,2,1,2,3,5

Concept,2,1,2,65,115

Rapport,11,1,2,140,234

Existence,17,1,2,286,489,

Collections

Zotero