Abstract
This paper examines the impact of signaling in reward-based crowdfunding systems from the project initiators’ perspective. In order to reduce the information gap between the project initiator and the crowd, different signals can be applied in order to increase the project success. The paper identifies opportunities and challenges of reward-based crowdfunding systems. As the major advantages of reward-based crowdfunding factors such as the low costs in terms of communication, search as well as transaction costs, could be identified.
| Original language | English |
|---|---|
| Pages (from-to) | 999-1014 |
| Number of pages | 16 |
| Journal | CEUR Workshop Proceedings |
| Volume | 3171 |
| Publication status | Published - 2022 |
| Event | 6th International Conference on Computational Linguistics and Intelligent Systems, COLINS 2022 - Volume I: Main - Gliwice, Poland Duration: 12 May 2022 → 13 May 2022 |
Austrian Fields of Science 2012
- 502054 Entrepreneurship
- 502050 Business informatics
Keywords
- applied intelligent systems
- community
- crowdfunding systems
- crowdsourcing
- Quality Signals
- reward-based crowdfunding
- Signaling
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