The impact of updates in social crowd projects

Author(s)
Regina Cernicka, Andreas Mladenow, Christine Strauss
Abstract

This paper analyzes changes in funding processes over time during equity crowdfunding projects. The study used real data from the biggest German equity crowdfunding platform, which specializes in funding businesses. The results of the study showed that updates increase not only the number of investments but also the invested amount. Therefore, updates in social crowd projects can have a positive effect on the success of an equity crowdfunding project.

Organisation(s)
Faculty of Business, Economics and Statistics, Department of Accounting, Innovation and Strategy
Pages
571–578
No. of pages
8
DOI
https://doi.org/10.1145/3366030.3366033
Publication date
12-2019
Peer reviewed
Yes
Austrian Fields of Science 2012
502050 Business informatics, 502052 Business administration
Keywords
ASJC Scopus subject areas
Software, Human-Computer Interaction, Computer Vision and Pattern Recognition, Computer Networks and Communications
Portal url
https://ucrisportal.univie.ac.at/en/publications/the-impact-of-updates-in-social-crowd-projects(7e981b71-2362-4fc5-acc5-3dfc62e34b94).html