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/7e981b71-2362-4fc5-acc5-3dfc62e34b94