Reward crowdfunding campaigns: Time-to-success analysis

Detalhes bibliográficos
Autor(a) principal: Felipe, Israel
Data de Publicação: 2021
Outros Autores: Mendes-da-Silva, Wesley, Leal, Cristiana Cerqueira, Santos, Danilo
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://hdl.handle.net/1822/74176
Resumo: The time-to-success of reward crowdfunding campaigns constitutes a relevant topic that has been neglected in business literature. In this study, we employ parametric and semi-parametric models of survival analysis to identify the determining factors of the duration of success of these campaigns. Based on more than 4,200 reward crowdfunding campaigns, our results are robust for controls and reveal that the campaigns that attain success most rapidly are located predominantly in cities with greater income inequality. These are cities that are characterized by lower fundraising targets and receive a larger number of pledges. In addition, our covariates indicate a non-constant influence on time-to-success during the fundraising period.
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spelling Reward crowdfunding campaigns: Time-to-success analysiscrowdfundingentrepreneurial financefintechsurvival analysisfinancial innovationCiências Sociais::Economia e GestãoThe time-to-success of reward crowdfunding campaigns constitutes a relevant topic that has been neglected in business literature. In this study, we employ parametric and semi-parametric models of survival analysis to identify the determining factors of the duration of success of these campaigns. Based on more than 4,200 reward crowdfunding campaigns, our results are robust for controls and reveal that the campaigns that attain success most rapidly are located predominantly in cities with greater income inequality. These are cities that are characterized by lower fundraising targets and receive a larger number of pledges. In addition, our covariates indicate a non-constant influence on time-to-success during the fundraising period.Fundação para a Ciência e Tecnologia (FCT)Universidade do MinhoFelipe, IsraelMendes-da-Silva, WesleyLeal, Cristiana CerqueiraSantos, Danilo20212021-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/1822/74176enghttps://nipe.eeg.uminho.pt/publicacoes-nipe/info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:35:29Zoai:repositorium.sdum.uminho.pt:1822/74176Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:31:21.021742Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Reward crowdfunding campaigns: Time-to-success analysis
title Reward crowdfunding campaigns: Time-to-success analysis
spellingShingle Reward crowdfunding campaigns: Time-to-success analysis
Felipe, Israel
crowdfunding
entrepreneurial finance
fintech
survival analysis
financial innovation
Ciências Sociais::Economia e Gestão
title_short Reward crowdfunding campaigns: Time-to-success analysis
title_full Reward crowdfunding campaigns: Time-to-success analysis
title_fullStr Reward crowdfunding campaigns: Time-to-success analysis
title_full_unstemmed Reward crowdfunding campaigns: Time-to-success analysis
title_sort Reward crowdfunding campaigns: Time-to-success analysis
author Felipe, Israel
author_facet Felipe, Israel
Mendes-da-Silva, Wesley
Leal, Cristiana Cerqueira
Santos, Danilo
author_role author
author2 Mendes-da-Silva, Wesley
Leal, Cristiana Cerqueira
Santos, Danilo
author2_role author
author
author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Felipe, Israel
Mendes-da-Silva, Wesley
Leal, Cristiana Cerqueira
Santos, Danilo
dc.subject.por.fl_str_mv crowdfunding
entrepreneurial finance
fintech
survival analysis
financial innovation
Ciências Sociais::Economia e Gestão
topic crowdfunding
entrepreneurial finance
fintech
survival analysis
financial innovation
Ciências Sociais::Economia e Gestão
description The time-to-success of reward crowdfunding campaigns constitutes a relevant topic that has been neglected in business literature. In this study, we employ parametric and semi-parametric models of survival analysis to identify the determining factors of the duration of success of these campaigns. Based on more than 4,200 reward crowdfunding campaigns, our results are robust for controls and reveal that the campaigns that attain success most rapidly are located predominantly in cities with greater income inequality. These are cities that are characterized by lower fundraising targets and receive a larger number of pledges. In addition, our covariates indicate a non-constant influence on time-to-success during the fundraising period.
publishDate 2021
dc.date.none.fl_str_mv 2021
2021-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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url https://hdl.handle.net/1822/74176
dc.language.iso.fl_str_mv eng
language eng
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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