Open Access Journal Article

What Determines the Success of Video Game Crowdfunding Campaigns? The Role of Different Success Definitions and Funding Goals

by Nico Wille a,*
a
Department of Economics: Chair of Money and Credit, University of Rostock, Rostock, Germany
*
Author to whom correspondence should be addressed.
FEL  2024 3(4):38; https://doi.org/10.58567/fel03040003
Received: 6 May 2024 / Accepted: 13 June 2024 / Published Online: 27 December 2024
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Abstract

In the dynamic landscape of exponential growth in the games industry, crowdfunding has emerged as an important funding method for indie games. Previous research has provided inconsistent results on the factors behind its success. This study closes this gap by examining which factors influence success and how success factors vary with different definitions of success and funding goals. The results show that caution is needed when interpreting the results as they depend on model specifications even within the same dataset. Furthermore, the study proposes a framework, supported by an empirical analysis of 1,967 campaigns, to increase the probability of crowdfunding success.

Keywords: Crowdfunding; Success Factors; Interrelationship; Kickstarter; Entrepreneurship; Reward-Based; Entrepreneurial Financing;
Copyright: © 2024 by Wille. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Wille, N. What Determines the Success of Video Game Crowdfunding Campaigns? The Role of Different Success Definitions and Funding Goals. Financial Economics Letters, 2024, 3, 38. https://doi.org/10.58567/fel03040003
AMA Style
Wille N. What Determines the Success of Video Game Crowdfunding Campaigns? The Role of Different Success Definitions and Funding Goals. Financial Economics Letters; 2024, 3(4):38. https://doi.org/10.58567/fel03040003
Chicago/Turabian Style
Wille, Nico 2024. "What Determines the Success of Video Game Crowdfunding Campaigns? The Role of Different Success Definitions and Funding Goals" Financial Economics Letters 3, no.4:38. https://doi.org/10.58567/fel03040003
APA style
Wille, N. (2024). What Determines the Success of Video Game Crowdfunding Campaigns? The Role of Different Success Definitions and Funding Goals. Financial Economics Letters, 3(4), 38. https://doi.org/10.58567/fel03040003

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