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Comparative Analysis of Factors Affecting Efficiency of Crowdfunding Projects: Boomstarter and Kickstarter

P. 106–118.
Крайникова В. А., Горячев Е. М., Киприн И. А., Veretennik E. V.

Crowdfunding platforms develop as a valuable business model in sharing economy.  Through intensive market development, a question arises: what it takes for a crowdfunding  project  to  succeed.  This  paper  aims  to  identify  the  features  of  crowdfunding  projects  influencing the outcome.  The country‐of‐origin effect is taken into account to compare the  outcomes in Russian crowdfunding platform and the worldwide known Kickstarter platform.   Machine  learning  methods  are  applied  to  primary  data  regarding  projects  on  these  two  platforms to determine and to compare the influence of factors. The results show that there  is  a  difference  in  strength  of  factors’  influence  on  the  Russian  platform  as  compared  to  Kickstarter. 

Language: English
Full text
Keywords: machine learningcrowdfundingboomstarterkickstarter

In book

Proceedings of the International Conference Theory and Applications in the Knowledge Economy TAKE 2018 – Poznan, Poland, 11 to 13 July 2018
Poznan: Poznan University of Economics and Business and E4 Conferences , 2018.
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