Host: The Japan Society for Management Information
Name : Annual Conference of Japan Society for Management Information 2019 Autumn
Location : [in Japanese]
Date : October 19, 2019 - October 20, 2019
The domestic crowdfunding (CF) market size in FY 2017 was ¥ 170.0 billion, up 127.5% over the previous year and the market is expected to expand further. Although the CF market is attracting attention as a new way to raise funds, not all projects have succeeded in raising funds. Therefore, this research examines the factors that lead to the success of financing using data of a major CF platform on the Internet. The research uses a Python program crawler to collect data, and conducts a statistical analysis over nearly 8000 collected data. By clarifying the success factors of the CF project, it is expected that the efficiency of project support in the CF market will be further enhanced.