Reward-Based Crowdfunding : How to Make it Work?

Hadačová, Daniel and Maličká, Lenka (2022) Reward-Based Crowdfunding : How to Make it Work? THEORY METHODOLOGY PRACTICE: CLUB OF ECONOMICS IN MISKOLC, 18 (1). pp. 45-59. ISSN 1589-3413 (print); 2415-9883 (online)

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The paper aims to identify attributes having a significant impact on the successful financing of crowdfunding campaigns published on the largest crowdfunding platform based on reward models in the Czech Republic. The paper’s motivation arises from the theoretical background of crowdfunding and related empirical research, where crowdfunding based on rewards is analysed. The paper aims to identify the determinants of the success of selected crowdfunding projects using logistic regression analysis. Results of the logit estimation show that the number of fans on the campaign’s Facebook page, the use of video in the campaign and the size of the campaign’s financial goal have a significant impact on the campaign’s success. The last part of the paper also includes the limitations of the performed analysis and suggestions for further analysis of crowdfunding.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány > HB3 Economic systems / gazdasági rendszerek
Q Science / természettudomány > QA Mathematics / matematika > QA75 Electronic computers. Computer science / számítástechnika, számítógéptudomány
Depositing User: Andrea Tankó
Date Deposited: 28 Jul 2022 09:58
Last Modified: 28 Jul 2022 09:58

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