Behavioral Insights from Crowdfunding Financing: What Do Social Media Ties, Emotional Cues and Sentiment Tell Us?
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F23%3A43923543" target="_blank" >RIV/62156489:43110/23:43923543 - isvavai.cz</a>
Alternative codes found
RIV/61989100:27510/23:10253038
Result on the web
<a href="https://doi.org/10.31577/ekoncas.2023.02.01" target="_blank" >https://doi.org/10.31577/ekoncas.2023.02.01</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.31577/ekoncas.2023.02.01" target="_blank" >10.31577/ekoncas.2023.02.01</a>
Alternative languages
Result language
angličtina
Original language name
Behavioral Insights from Crowdfunding Financing: What Do Social Media Ties, Emotional Cues and Sentiment Tell Us?
Original language description
The aim of this paper is to identify the factors that contribute to the successful funding of crowdfunding projects, with a focus on conventional, social media and affective factors. Our unique dataset contains 267,830 Kickstarter projects from the U.S., Australia, Canada, the U.K., and Europe. In addition to determinants based on conventional factors, we study the textual characteristics of a project's description and comments, including sentiment and emotional cues, extracted using a web scraper. We find that social media factors (such as social networks, comments on projects, the experience and social media capital of the project founder) as well as affective factors (emotional cues and sentiment related to project description) influence the success of projects in addition to the conventional determinants such as the funding goal, funding project duration, and project category. Our results are stable when we control for partial time periods, the geographic origin of the founder, and the founder's social media capital and experience.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GA17-25924S" target="_blank" >GA17-25924S: Comparative Study of Crowdfunding Projects in EU: Access to Finance, Risks and Regulation</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Ekonomický časopis
ISSN
0013-3035
e-ISSN
0013-3035
Volume of the periodical
71
Issue of the periodical within the volume
2
Country of publishing house
SK - SLOVAKIA
Number of pages
30
Pages from-to
89-118
UT code for WoS article
001006568700001
EID of the result in the Scopus database
2-s2.0-85160613286