Download or read book Forecasting the Success Rate of Reward Based Crowdfunding Projects written by Ivelin Elenchev and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The present paper develops three models that help predict the success rate and attainable investment levels of online crowdfunding ventures. This is done by applying standard economic theory and machine learning techniques from computer science to the novel sector of on-line crowd-based micro- financing. In contrast with previous research in the area, this paper analyzes transaction-level data in addition to information about completed crowdfunding projects. This provides an unique perspective in the ways crowd finance ventures develop. The models reach an average of 83% accuracy in predicting the outcome of a crowdfunding campaign at any point throughout its duration. These ndings prove that a number of product and project specifi c parameters are indicative of the success of the venture. Subsequently, the paper provides guidance to capital seekers and investors on the basis of these criteria, and allows participants in the crowdfunding marketplace to make more rational decisions.

Download or read book Advances in Crowdfunding written by Rotem Shneor and published by Springer Nature. This book was released on 2020 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book presents a comprehensive and up-to-date collection of knowledge on the state of crowdfunding research and practice. It considers crowdfunding models and their different manifestations across a variety of geographies and sectors, and explores the perspectives of fundraisers, backers, platforms, and regulators. Gathering insights from a wide range of influential researchers in the field, the book balances concepts, theory, and case studies. Going beyond previous research on crowdfunding, the contributors also investigate issues of community, sustainability, education, and ethics. A vital resource for anyone researching crowdfunding, this book offers readers a deep understanding of the characteristics, business models, user-relations, and behavioural patterns of crowdfunding.

Download or read book Crowdfunding with Enhanced Reputation Monitoring Mechanism Fame written by Omid Torabi and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-02-10 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crowdfunding is increasingly becoming a method of mobilizing project finance ventures, particularly in a sharing economy. Moreover, the element of risk sharing which is found in equity crowdfunding makes up the essence of Islamic finance. However, as with any type of risk-sharing contract, Islamic crowdfunding faces the problem of lack of trust and information asymmetry. The author employs a game theory approach to Islamic crowdfunding as a means to tackle the issue of information asymmetry through a "reputation mechanism" which is touted as one of the latest means of solving information asymmetry in web-based social networks. The primary objective of the reputation mechanism is to enable more efficient transactions in communities where cooperation is compromised by post-contractual opportunism or information asymmetry. The game theory approach in this study involves two different games: "without Fame" and "with Fame", and it is proposed that a "with Fame" crowdfunding game produces better results. The reputational mechanism in this research was also designed specifically to eliminate any potential moral hazards and minimize information asymmetry. In this study, "Fame" refers to the credibility of every individual within the crowdfunding system. Fame is a form of systematic, measurable and computable (implicit and explicit) reputation, which allows other members of the crowdfunding social network to better learn about the individual and their credibility.

Download or read book Crowdfunding in the Public Sector written by Regina Lenart-Gansiniec and published by Springer Nature. This book was released on 2021-07-27 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, crowdfunding has become important and it has been enthusiastically used not only by commercial organizations but also by the public sector. This alternative source of financing in times of constrained government budgets enables citizens to vote with their dollars online to bring ideas into reality. This book sheds light on the developing concept of crowdfunding in the public sector, with an overview of current academic discussions and best practices on crowdfunding in the public sector. The volume approaches crowdfunding in the public sector from an integrated perspective, addressing the dearth of publications on the subject. The book gathers a wealth of theoretical information, ideas, best practices and lessons learned in the context of executing concrete crowdfunding projects, and assess methodological approaches to integrating the topic of crowdfunding in public organizations curricula. The book provides definitions, insights and examples of this managerial perspective resulting in a theoretical framework of crowdfunding in the public sector. The contributors also explore different crowdfunding applications in public sectors such as local government, higher education, schools, arts & culture organizations, healthcare, energy sector, and police services, which are presented in several case studies. This is a unique book in the field that points the way forward both for policymakers and for the research community in terms of thinking about crowdfunding in the public sector and the complex issues surrounding its development.

Download or read book Strategic Approaches to Successful Crowdfunding written by Assadi, Djamchid and published by IGI Global. This book was released on 2015-12-02 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of technology into entrepreneurial initiatives has led to the use of online communities to raise funds for projects and ventures. Through the use of social media platforms and the social web, crowdfunding has provided an innovative, large-scale fundraising solution for both personal and professional initiatives. Strategic Approaches to Successful Crowdfunding brings together a collection of research-based chapters relating to the use of the social web to raise funds and provide financial support for start-up companies, individual pursuits, and philanthropic endeavors. Focusing on a diverse set of topics relating to e-commerce, capital investment, peer-to-peer lending, digital philanthropy, and virtual communities, this timely publication is an essential reference source for academicians, researchers, professionals, and graduate students interested in understanding the dynamics, best practices, and managerial solutions for drawing funds and financial support from online communities.

Download or read book Crowdfunding and Entrepreneurial Finance written by Richard Harrison and published by Routledge. This book was released on 2017-10-02 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: An increase in the restrictions on the availability of funding for new and growing businesses in the aftermath of the global financial crisis has been accompanied by the emergence and growth of crowdfunding as an alternative method of raising capital. Crowdfunding contributes towards the disintermediation of the finance market as funders and promoters are brought together directly, democratising both fundraising by businesses and investment by individuals. This book extends entrepreneurial finance research to the study of crowdfunding. Contributions review the history, status and future of crowdfunding, analyse the patterns of fundraising, assess the potential of crowdfunding for the financing of social ventures in particular, and discuss the regulatory implications of recent developments. What is clear from this collection is that the crowdfunding space is still evolving, institutional forms are still developing as models are refined, new institutional collaborations (e.g. between equity platforms and business angel networks) are emerging, and new challenges, particularly regulatory challenges, are being encountered. While crowdfunding is not a universal solution for SME finance in a post-crisis financial landscape, it remains too early to determine whether crowdfunding represents a large-scale transformation of the early stage risk capital market or a minor addition to it. This book was originally published as a special issue of Venture Capital.

Download or read book Long term Study of Crowdfunding Platform written by Jinwook Chung and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Crowdfunding that is the combination word of crowdsourcing and funding makes people can start a business easily. Legislating JOBS act in US played a major role in removing restricted barriers of crowdfunding on public offerings of fence and private funds for small business. The growth speed of crowdfunding takes some beating. Through Kickstarter that is a popular crowdfunding platform and being considered the typical case of crowdfunding, 480 million dollars and more than half a billion dollars were invested in about 19 thousand and 22 projects for 2013 and 2014 respectively. But in spite of the rapid growth, the successful rate of projects at large is decreasing because of imprudent project launching. People just imagine a success story of some triumphant projects without any kind of preparedness when they launch a project. Up to now most of papers researched based on Kickstarter platform because it is the biggest crowdfunding site. But there is no research paper studying with the entire data yet. So, we gathered all the project's main pages in Kickstarter that are finished whether a project is funded or not from its launched date on 2009 to September, 2014. And we also collected all users' profile pages including initiators and backers. The goal of this research project is to analyze evolution of projects and users, investigate techniques and predict successfully funded projects and expected pledged funding levels, and providing intelligent search and discovery based on time series patterns of projects. To successfully achieve the goal, we propose to analyze all projects and users in Kickstarter toward understanding evolution of them over time and thus develop statistical models to automatically predict successfully funded projects and expected funding level. We used as many features as possible such as features being obtainable from text (project main, reward and biography description). Our result will be very helpful for people especially a person preparing a crowdfunding project to fulfill a dream.

Download or read book Neural Computing for Advanced Applications written by Haijun Zhang and published by Springer Nature. This book was released on 2022-10-20 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: The two-volume Proceedings set CCIS 1637 and 1638 constitutes the refereed proceedings of the Third International Conference on Neural Computing for Advanced Applications, NCAA 2022, held in Jinan, China, during July 8–10, 2022. The 77 papers included in these proceedings were carefully reviewed and selected from 205 submissions. These papers were categorized into 10 technical tracks, i.e., neural network theory, and cognitive sciences, machine learning, data mining, data security & privacy protection, and data-driven applications, computational intelligence, nature-inspired optimizers, and their engineering applications, cloud/edge/fog computing, the Internet of Things/Vehicles (IoT/IoV), and their system optimization, control systems, network synchronization, system integration, and industrial artificial intelligence, fuzzy logic, neuro-fuzzy systems, decision making, and their applications in management sciences, computer vision, image processing, and their industrial applications, natural language processing, machine translation, knowledge graphs, and their applications, Neural computing-based fault diagnosis, fault forecasting, prognostic management, and system modeling, and Spreading dynamics, forecasting, and other intelligent techniques against coronavirus disease (COVID-19).

Download or read book Venture Capital and the Finance of Innovation written by Andrew Metrick and published by John Wiley and Sons. This book was released on 2011-06-15 with total page 1153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This useful guide walks venture capitalists through the principles of finance and the financial models that underlie venture capital decisions. It presents a new unified treatment of investment decision making and mark-to-market valuation. The discussions of risk-return and cost-of-capital calculations have been updated with the latest information. The most current industry data is included to demonstrate large changes in venture capital investments since 1999. The coverage of the real-options methodology has also been streamlined and includes new connections to venture capital valuation. In addition, venture capitalists will find revised information on the reality-check valuation model to allow for greater flexibility in growth assumptions.

Download or read book When Investors Meet Consumers written by Haibing Gao and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Crowdfunding has changed the way startups, entrepreneurs, and individuals raise capital by harnessing the power of the crowd. Reward-based crowdfunding is an established and attractive fundraising option for entrepreneurs with creative projects. Recently, investment-based crowdfunding has also gained popularity thanks to the progress of related regulations. A growing number of startups are beginning to seek funding opportunities using both types of crowdfunding. Crowdfunding backers on different types of platforms exhibit distinct motivations. Understanding the behavior and interaction of different types of backers is critical for a startup to launch a successful crowdfunding campaign across distinct platforms. To address this issue, we conducted a field study on a popular crowdfunding platform, where each campaign offered both reward- and investment-based funding. Interestingly, we find a positive relationship between investors' contributions in the early stage of the campaign and the likelihood of the campaign's success. We propose two mechanisms to explain this pattern: a screening effect, in which early investors can better extract information about the innovation project to predict crowdfunding success, and a cheerleading effect, in which early investors voluntarily act as sales agents to encourage purchases by potential consumers of reward-based crowdfunding. Moreover, our empirical analysis reveals that despite these critical roles (predictors and sales agents) of early investors, the funding goal of a successful campaign is mainly accomplished by consumers in the later stage. These results are consistent with several robustness checks. Our findings provide relevant managerial implications for entrepreneurs and valuable insights towards platform design.

Download or read book The Economics of Crowdfunding written by Douglas Cumming and published by Springer. This book was released on 2018-01-30 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on various types of crowdfunding and the lessons learned from academic research. Crowdfunding, a new and important source of financing for entrepreneurs, fills a funding gap that was traditionally difficult to close. Chapters from expert contributors define and carefully evaluate the various market segments: donation-based and reward-based crowdfunding, crowdinvesting and crowdlending. They further provide an assessment of startups, market structure, as well as backers and investors for each segment. Attention is given to the theoretical and empirical findings from the recent economics and finance literature. Furthermore, the authors evaluate relevant regulatory efforts in several jurisdictions. This book will appeal to finance, entrepreneurship and legal scholars as well as entrepreneurs and platform operators.

Download or read book The Crowdfunding Chronicles written by Putra Halomoan Hasibuan and published by . This book was released on 2024-08-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the evolving landscape of global finance, 'The Crowdfunding Chronicles: Unveiling the Future of Finance' provides an exhaustive exploration of the crowdfunding phenomenon through a meticulously curated collection of journal articles. This anthology delves into the multifaceted aspects of crowdfunding, from its socioeconomic impacts to the regulatory challenges faced across various regions. The book opens with a critical analysis of Indonesia's need for clear legal frameworks for donation-based crowdfunding, underscoring the urgent requirement for regulatory evolution to safeguard stakeholders. Another chapter highlights the inclusive potential of equity crowdfunding, demonstrating how ethnic and gender similarities influence investment behaviors, thus promoting financial inclusivity. Significant insights into the success factors of reward-based crowdfunding are explored, providing a comparative view on why certain campaigns excel. The rapid growth and development of crowdfunding in China and Europe are discussed, with a focus on policy shifts and the challenges posed by fragmented markets. Crowdfunding's role in driving sustainability-focused projects is examined, revealing high success rates for environmentally-driven initiatives. The impact of global crises like COVID-19 on crowdfunding dynamics is also analyzed, providing contemporary insights into changing investment patterns. With a focus on equity crowdfunding, this collection discusses its effects on corporate performance and employment outcomes, offering crucial data for policymakers and investors. 'The Crowdfunding Chronicles' also reflects on future research and practical dilemmas that will shape this dynamic field. This comprehensive compilation is indispensable for academics, practitioners, policymakers, and anyone interested in the evolution of finance and inclusivity through crowdfunding. Quality Research Publishing is dedicated to making knowledge more accessible to the general public by curating a topical compilation of the latest research on various subjects and providing plain language summaries. Each of the articles in this book is available individually and digitally without cost. However, we believe it is important for the contextualizing and sharing of educational and scientific work to curate this research in a way that is understandable and helpful to the average person seeking deeper knowledge of a particular subject. The research articles compiled for this book were published under a permissive Creative Commons license, are in the public domain, or have no copyright restrictions, permitting their use in this book. If you have questions about the licensing of any article, please visit qualityresearchpublishing.com.

Download or read book Handbook of Research on Organizational Transformations through Big Data Analytics written by Tavana, Madjid and published by IGI Global. This book was released on 2014-11-30 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Big data analytics utilizes a wide range of software and analytical tools to provide immediate, relevant information for efficient decision-making. Companies are recognizing the immense potential of BDA, but ensuring the data is appropriate and error-free is the largest hurdle in implementing BDA applications. The Handbook of Research on Organizational Transformations through Big Data Analytics not only catalogues the existing platforms and technologies, it explores new trends within the field of big data analytics (BDA). Containing new and existing research materials and insights on the various approaches to BDA; this publication is intended for researchers, IT professionals, and CIOs interested in the best ways to implement BDA applications and technologies.

Download or read book Reward and Donation Crowdfunding written by Rohit Gupta and published by Notion Press. This book was released on 2018-12-06 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is informative, apt details for both beginners and experienced Fundraisers. This book covers the basic idea of Reward Based Crowdfunding and Donation Based Crowdfunding. The main headlines of this book are:- • Reward-based crowdfunding: This type of Crowdfunding is also known as the non-equity way of funding your project. It has been widely used for funding campaigns like supporting a free development of software, promotion of motion pictures, aiding scientific research and development of inventions, etc. The people who are funding are hopeful of returns from the project. • Donation-based Crowdfunding: The best example for this would be raising funds from individuals to support personal or social causes. Applications Of Crowdfunding 1. Crowdfunding for personal & Individual Use 2. Crowdfunding for real estate 3. Crowdfunding for startups 4. Crowdfunding for businesses 5. Crowdfunding loans 6. Crowdfunding college debt

Download or read book The Oxford Handbook of Entrepreneurial Finance written by Douglas Cumming and published by OUP USA. This book was released on 2012-03-22 with total page 937 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive picture of issues dealing with different sources of entrepreneurial finance and different issues with financing entrepreneurs. The Handbook comprises contributions from 48 authors based in 12 different countries.

Download or read book Reward based Crowdfunding Influence of Virtuous and Entrepreneurial Orientation Rhetoric on Campaign Performance written by Artem Milkov and published by GRIN Verlag. This book was released on 2021-05-19 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2020 in the subject Business economics - General, grade: 1,0, Technical University of Munich, language: English, abstract: This paper extends academic literature on reward-based crowdfunding and examines the influence of entrepreneurial rhetoric on campaign performance through the lens of the social role theory. It explores how altruistic values shared by its participants redefine the social role of an entrepreneur. It demonstrates how this peculiarity can be exploited in favour of various disadvantaged demographic groups through an appropriate use of the language reflective of virtuous and entrepreneurial orientations. Despite their apparent importance, these two types of rhetoric have been largely neglected by scholars studying online funding platforms. Based on a quantitative analysis of 8,459 Kickstarter campaigns using a multilevel regression technique, the author discovered that virtuous orientation has a positive and entrepreneurial orientation negative effect on reward-based crowdfunding performance. Furthermore, in line with the social role theory, Caucasian women and racial minority men benefit greater than white males from the use of virtuous rhetoric and get punished more for using entrepreneurial rhetoric. However, these effects are reversed for racial minority females, who appear to be rewarded for violating the behaviour associated with their sex and race. Overall, the findings confirm that rhetoric is an important tool at entrepreneurs’ disposal, and they can improve their chances of success in reward-based crowdfunding by using it appropriately and in accordance with their social role. Crowdfunding is on course to become the leading source of capital for new venture financing, which is one of the most challenging tasks entrepreneurs have to face. Notwithstanding considerable progress, our understanding of its underlying processes remains inadequate.

Download or read book Investigations of Reward based Crowdfunding Success written by Liang Zhao and published by . This book was released on 2018 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurial financing affects the survival and growth of new ventures. Because of the “liability of newness”, traditional financing channels may be hesitant to finance new ventures. Thus, new channels should be discovered and developed for new venture financing. Crowdfunding has recently emerged as an innovative and feasible channel for start-up financing in addition to traditional fundraising sources. Although research on crowdfunding has been popular in past decades, researchers’ understanding of the crucial success factors of crowdfunding remains limited. Therefore, taking reward-based crowdfunding as the research context, this thesis comprehensively explores the possible success determinants of crowdfunding campaigns through three different theoretical aspects: supporters’ utilitarian value, hedonic value and motivations The findings of this thesis shows that the pleasure obtained during the crowdfunding process is positively associated with crowdfunding success. Besides, entrepreneurs’ empathy and impression management are also significantly associated with reward-based crowdfunding results. In addition, this thesis also explores why the satisfaction of backer’s extrinsic motivation may not always lead to crowdfunding success. The findings of this thesis not only provide meaningful insights into the literature about crowdfunding in general, but also offer practical tips for both entrepreneurs and crowdfunding platform administrators.