Crowdfunding as a Font of Entrepreneurship: Outcomes of Reward-Based Crowdfunding

Crowdfunding has attracted considerable interest as a new way of financing a variety of ventures, from creative works to for-profit companies.

Ethan Mollick

2018

Key concepts

Scholarcy highlights

  • Crowdfunding has attracted considerable interest as a new way of financing a variety of ventures, from creative works to for-profit companies.
  • As of 2017, Kickstarter, the largest reward-based crowdfunding site, has facilitated the raising of over USD 2.9 billion from over 12 million people, funding over 100,000 projects.
  • I will use data from two large-scale surveys of Kickstarter funders to shed light on the impacts of reward-based funding.
  • I will first examine whether crowdfunded projects provide their promised rewards.
  • I will delve into the wider impact of reward crowdfunding projects.

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