IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01862855.html
   My bibliography  Save this paper

Crowdfunding success and failure: what actually happens during a campaign

Author

Listed:
  • Paolo Crosetto

    (GAEL - Laboratoire d'Economie Appliquée de Grenoble - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - INRA - Institut National de la Recherche Agronomique - CNRS - Centre National de la Recherche Scientifique - UGA [2016-2019] - Université Grenoble Alpes [2016-2019], INRA - Institut National de la Recherche Agronomique)

  • Tobias Regner

    (Friedrich-Schiller-Universität = Friedrich Schiller University Jena [Jena, Germany])

Abstract

What is behind crowdfunding's success? Is simply asking for help enough to tap into the reservoir of altruism present on the Internet? Well, it is not so easy. Only about half of all crowdfunding campaigns actually get funded, and the extent of funding varies considerably across projects. Many dismally fail. What makes the difference to reach the project's funding goal and what actually happens in the process of the funding campaign? Are crowdfunders affected by the funding decisions of others and to what extent is project success path-dependent, determined by very early pledges? Do project launchers try to exploit the relative anonymity of the Internet to contribute to their own projects? In a recently published article, the authors explore these questions using data provided by Startnext, the biggest German crowdfunding platform. Startnext gave us access to its whole database – more than 100,000 pledges to more than 2,000 projects. The answers indicate that it is never too late to get a campaign on a successful track – provided its creator manages to get a surge in pledges rolling.

Suggested Citation

  • Paolo Crosetto & Tobias Regner, 2018. "Crowdfunding success and failure: what actually happens during a campaign," Post-Print hal-01862855, HAL.
    • Handle: RePEc:hal:journl:hal-01862855
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-01862855. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.