Crowdfunding Practices In and Outside the US

46 Pages Posted: 21 Feb 2015 Last revised: 22 May 2016

See all articles by Massimiliano Barbi

Massimiliano Barbi

University of Bologna - Department of Management

Marco Bigelli

University of Bologna - Department of Management

Multiple version iconThere are 2 versions of this paper

Date Written: March 11, 2016

Abstract

We analyze all Kickstarter projects till December 2013. Their success is driven by the presence of a video, a higher number of rewards, a shorter campaign, and a lower goal. A more extensive description signals higher quality and helps the funding, unless it becomes too prolix. We study the distribution of non-US projects. Categories have different concentrations across countries, but the funding determinants are comparable, as Kickstarter taps the same world crowd. UK and Canada openings increase the number of projects and reduce the probability of success, due to a diminished quality and a lower “collective attention” from worldwide backers.

Keywords: Crowdfunding, Entrepreneurship, Kickstarter, Geography, Start-up

JEL Classification: G32, G34

Suggested Citation

Barbi, Massimiliano and Bigelli, Marco, Crowdfunding Practices In and Outside the US (March 11, 2016). Available at SSRN: https://ssrn.com/abstract=2567399 or http://dx.doi.org/10.2139/ssrn.2567399

Massimiliano Barbi

University of Bologna - Department of Management ( email )

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HOME PAGE: http://www.sites.google.com/site/massimilianobarbifinance/

Marco Bigelli (Contact Author)

University of Bologna - Department of Management ( email )

Via Capo di Lucca 34
Bologna, 40126
Italy
+39 051 2098060 (Phone)
+39 051 6390612 (Fax)

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