How Much Is Too Much? The Impact of Update Frequency on Crowdfunding Success

Eliran Solodoha ()
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Eliran Solodoha: Department of Business Administration, Peres Academic Center, Rehovot 7610202, Israel

Administrative Sciences, 2024, vol. 14, issue 12, 1-13

Abstract: This research seeks to clarify the uncertainty in crowdfunding literature regarding the relationship between the number of updates and campaign success. By integrating signal theory and the notion of information overload, this study posits a curved, inverted U-shaped relationship between the number of updates and campaign success. Empirical evidence to support this hypothesis is drawn from an analysis of 2852 projects sourced from a reward-based crowdfunding platform. The aim of this inquiry is to provide insights into the intricate dynamics that influence how the number of updates impacts the results of crowdfunding campaigns.

Keywords: crowdfunding; signals; number of updates; information overload; success (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2024
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