The Key Factors of Successful Internet Crowdfunding Projects - An Empirical Study Based on Different Platforms

Zhiyuan Tian, Lei Guan, Meilin Shi

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    7 Citations (Scopus)

    Abstract

    Crowdfunding, as a new conception in fundraising, provides access to get fund in the background of Internet. This paper has conducted a research on the key factors to highly successful crowdfunding based on two biggest crowdfunding platforms in China - JingDong crowdfunding platform and TaoBao crowdfunding platform. By using Logistic regression model, we find that different platform designs and different mechanisms have effect on the project success. Meanwhile, quality signals that the founders show and their own experience do have a positive association with high success of projects. Other factors that are visible directly on crowdfunding website are also been discussed.

    Original languageEnglish
    Title of host publication2018 15th International Conference on Service Systems and Service Management, ICSSSM 2018
    PublisherInstitute of Electrical and Electronics Engineers Inc.
    ISBN (Print)9781538651780
    DOIs
    Publication statusPublished - 13 Sept 2018
    Event15th International Conference on Service Systems and Service Management, ICSSSM 2018 - Hangzhou, China
    Duration: 21 Jul 201822 Jul 2018

    Publication series

    Name2018 15th International Conference on Service Systems and Service Management, ICSSSM 2018

    Conference

    Conference15th International Conference on Service Systems and Service Management, ICSSSM 2018
    Country/TerritoryChina
    CityHangzhou
    Period21/07/1822/07/18

    Keywords

    • JingDong platform
    • Logistic model
    • TaoBao platform
    • crowdfunding

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