The Dynamics of Crowdfunding: An Exploratory Study

@article{Mollick2014TheDO,
  title={The Dynamics of Crowdfunding: An Exploratory Study},
  author={Ethan Mollick},
  journal={Journal of Business Venturing},
  year={2014},
  volume={29},
  pages={1-16}
}
View via Publisher
doi.org
2,801 Citations
Highly Influential Citations
563
Background Citations
1,318
Methods Citations
231
Results Citations
168

Figures and Tables from this paper

2,801 Citations

Citation Type

Citation Type

Understanding the Overfunding in Crowdfinancing: The Elements of Attractiveness
TLDR
This work investigates the drivers of the overfunding success stories of overfunded projects and confirms that an active attitude of the project’s owner, as seen through news reports and previous project experience, and crowd participation, have the positive influence on the probability of a higher overfunding rate.
Raising Money on Crowdfunding Platforms: The Components of Success
Crowdfunding differs significantly from standard business and personal financing since it allows those in need of funds to collect small contributions from the community of internet users. This…
Crowdfunding Creative Ideas: The Dynamics of Project Backers
Entrepreneurs are turning to crowdfunding as a way to finance their creative ideas. Crowdfunding involves relatively small contributions of many consumer-investors over a fixed time period (generally…
Crowdfunding Creative Ideas: The Dynamics of Project Backers in Kickstarter
Entrepreneurs are turning to crowdfunding as a way to finance their creative ideas. Crowdfunding involves relatively small contributions of many consumer-investors over a fixed time period (generally…
Emerging Dynamics in Crowdfunding Campaigns
TLDR
An exploratory analysis of the time series of money pledges to campaigns in Kickstarter to investigate the extent to which simple inflows and first-order derivatives can predict the eventual success of campaigns found that there were discrete stages in money pledges that predicted the success of crowdfunding campaigns.
Crowdfunding: Determinants of success and funding dynamics
Over the past years crowdfunding emerged as an alternative funding channel for entrepreneurs. In contrast to traditional financiers (banks, venture capital firms or angel investors), crowdfunding…
Crowdfunding: A Review and Research Agenda
Crowdfunding is an alternative model for project financing, where a large and dispersed audience participates through relatively small financial contributions, in exchange for physical, financial or…
1. Crowdfunding: an introduction
Crowdfunding can be defined as ‘efforts by individual entrepreneurs or groups to fund their ventures by drawing small contributions from large groups of individuals over the internet without using…
Predicting the success of entrepreneurial campaigns in crowdfunding: a spatio-temporal approach
As an alternative to traditional venture capital investment, crowdfunding has emerged as a novel method and potentially disruptive innovation for financing a variety of new entrepreneurial ventures…
Crowdfunding: Antecedents of Number of Backers and Success of a Project
This paper offers a discussion of the projects of a crowdfunding platform and exposes the determinants of the success and failure dynamics of crowdfunding projects. We have shown with two different…
...
...

References

SHOWING 1-10 OF 87 REFERENCES
Crowdfunding Creative Ideas: The Dynamics of Project Backers in Kickstarter
Entrepreneurs are turning to crowdfunding as a way to finance their creative ideas. Crowdfunding involves relatively small contributions of many consumer-investors over a fixed time period (generally…
Crowdfunding: Tapping the Right Crowd
The basic idea of crowdfunding is to raise external finance from a large audience (the “crowd”), where each individual provides a very small amount, instead of soliciting a small group of…
An Empirical Examination of the Antecedents and Consequences of Contribution Patterns in Crowd-Funded Markets
TLDR
It is found that the duration of funding and the degree of exposure that a pitch receives over the course of the funding process, are positively associated with readership upon the story’s publication, which appears to validate the widely held belief that a key benefit of the crowdfunding model is the potential it offers for awareness and attention-building around causes and ventures.
Proceed at Your Peril: Crowdfunding and the Securities Act of 1933
A promising Web-based funding model for small business firms has emerged over the past few years. Crowdfunding (as this model has come to be known) actually includes a variety of business models, all…
Crowdfunding of Small Entrepreneurial Ventures
An inherent problem that entrepreneurs face at the very beginning of their entrepreneurial initiative is to attract outside capital, given the lack of collateral and sufficient cash flows and the…
A Crowdfunding Exemption? Online Investment Crowdfunding and U.S. Securities Regulation
In recent years, artists, entrepreneurs, and nonprofits (collectively “promoters”) have tapped the collaborative power of the online crowds to fund a wide range of charities, creative projects, and…
Strategic networks and entrepreneurial ventures
Much research suggests that social networks shape the emergence and development of nascent ventures. Scholars have argued that founders' and firms' networks influence innovation and the…
The Value of Crowdsourcing: Can Users Really Compete with Professionals in Generating New Product Ideas?
TLDR
It is suggested that, at least under certain conditions, crowdsourcing might constitute a promising method to gather user ideas which can complement those of a firm’s professionals at the idea generation stage in NPD.
Experienced entrepreneurial founders, organizational capital, and venture capital funding
Interorganizational Endorsements and the Performance of Entrepreneurial Ventures
This paper investigates how the interorganizational networks of young companies affect their ability to acquire the resources necessary for survival and growth. We propose that, faced with great…
...
...