3.8 Proceedings Paper

Empirical Analysis of Factors on Crowdfunding with Trust Theory

Publisher

ELSEVIER SCIENCE BV
DOI: 10.1016/j.procs.2018.10.227

Keywords

crowdfunding; quality signal; trust theory; financing factors

Funding

  1. National Natural Science Foundation of China [61100112, 61309030]
  2. Beijing Higher Education Young Elite Teacher Project [YETP0987]
  3. CUFE Young Teacher Foundation [QJJ1706]
  4. Opening Foundation of Network and Data Security Key Laboratory of Sichuan Province [NDSMS201604]
  5. Discipline Construction Foundation of Central University of Finance and Economics
  6. State Grid Corporation of China Science and Technology Project

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In this paper, we build the crowdfunding process based on the quality signal and trust theory, and then summarize and select the useful factors by collecting data from famous crowdfunding platforms; then, we empirically analyse the factors that may impact the successful fmancing of the project. Furtherly, we introduce a new variable to improve the model. The empirical results show that these factors can significantly affect the project's successful fmancing. (C) 2018 The Authors. Published by Elsevier B.V.

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