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http://dx.doi.org/10.5392/JKCA.2020.20.12.013

An Empirical Analysis on the Success Factors of Crowdfunding: Focusing on the Movie Category Project  

Lee, Do-Yeon (성균관대학교 미디어커뮤니케이션학과)
Chang, Byeng-Hee (성균관대학교 미디어커뮤니케이션학과)
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Abstract
This study aims to find out success factors of crowdfunding on movie projects. For empirical analysis, we collected 583 data of the movie projects from the crowdfunding platform 'Tumblbug'. To figure out the success factors, we examined effects of 10 independent variables on 1 dependent variable. The independent variable includes target amount, project information, reward options, creator funding power, editor recommendation, creator contents power, movie type, number of comments, number of replies, and number of SNS information. The final achievement rate of crowdfunding was set as dependent variable. This study found that the target amount, number of text information, number of video information, editor recommendation, number of backers' reply, and number of SNS information had a significant impact on the achievement rate of the movie crowdfunding project. This study has implications in that it has discovered a variable of editor recommendation and the number of SNS information, and both of them have a positive effect on crowdfunding achievement.
Keywords
Crowdfunding; Movie Project; Success Factor; Empirical Analysis;
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Times Cited By KSCI : 2  (Citation Analysis)
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