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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
1

Effect of Storytelling on Crowdfunding Campaign Success

Girimaji, Abhay, Abdul Rahman, Thameez January 2019 (has links)
Storytelling is an important skillset for an entrepreneur to possess in order to appeal to funders. Crowdfunding is a relatively new funding mechanism, involving the crowd to fund projects or ideas. The evolution of crowdfunding has created an alternative to traditional means of funding such as bank loans, venture capital and angel investors. This paper examines the effects of storytelling on an entrepreneur’s ability to secure funding at crowdfunding platforms. We argue that stories help leverage funding by conveying a comprehensible story with a clear sequence of events and entrepreneurial identity for the project. Quantitative analysis of 60 Kickstarter crowdfunding campaigns within technology sector reveal that successful crowdfunding campaigns have more comprehensive stories than unsuccessful crowdfunding campaigns. Also, an increase in the comprehensiveness of the stories has a positive influence on the funding success. Findings inform research on storytelling in entrepreneurship and innovation and, research on mobilization of resources from crowds.

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