The impacts of fundraising periods and geographic distance on financing music production via crowdfunding in Brazil

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dc.contributor.authorMENDES-DA-SILVA, W.
dc.contributor.authorROSSONI, L.
dc.contributor.authorCONTE, B. S.
dc.contributor.authorGATTAZ, C. C.
dc.contributor.authorFRANCISCO, E. R.
dc.date.accessioned2022-01-12T21:59:13Z
dc.date.available2022-01-12T21:59:13Z
dc.date.issued2015-05-01
dc.description.abstract© 2015, The Author(s).We conduct an analysis of 1835 pledges to 10 music production projects hosted on the largest Brazilian crowdfunding platform, namely the Catarse Web site, and we assess the relation between the fundraising accumulation period, the donor–entrepreneur distance and the propensity of donors to back projects. Our results suggest a significantly negative association between distance and the value of capital pledged to projects, which is consistent with the notion that the entrepreneur’s network of close contacts might play a central role in funding. Furthermore, our results contradict the idea that crowdfunding reduces the inhibiting effect of donor–entrepreneur distance. In addition, the results show that a long project exposure is associated with higher values of pledges. These results suggest practical implications for the study of crowdfunding as a financing platform. This study contributes to the literature on the use of crowdfunding as an alternative funding source in a major emerging market.
dc.description.firstpage75
dc.description.issuenumber1
dc.description.lastpage99
dc.description.volume40
dc.identifier.citationMENDES-DA-SILVA, W.; ROSSONI, L.; CONTE, B. S.; GATTAZ, C. C.; FRANCISCO, E. R. The impacts of fundraising periods and geographic distance on financing music production via crowdfunding in Brazil. Journal of Cultural Economics. v. 40, n. 1, p. 75-99, mayo. 2015.
dc.identifier.doi10.1007/s10824-015-9248-3
dc.identifier.issn1573-6997
dc.identifier.urihttps://repositorio.fei.edu.br/handle/FEI/3915
dc.relation.ispartofJournal of Cultural Economics
dc.rightsAcesso Aberto
dc.rights.licenseCreative Commons "Este é um artigo publicado em acesso aberto sob uma licença Creative commons (CC BY 4.0). Fonte: https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84954296663&origin=inward. Acesso em: 03 jan. 2023.
dc.subject.otherlanguageBrazilian music
dc.subject.otherlanguageCrowdfunding
dc.subject.otherlanguageFinancial innovation
dc.subject.otherlanguageFundraising period
dc.subject.otherlanguageGeographic dispersion
dc.subject.otherlanguageSocial networks
dc.titleThe impacts of fundraising periods and geographic distance on financing music production via crowdfunding in Brazil
dc.typeArtigo
fei.scopus.citations59
fei.scopus.eid2-s2.0-84954296663
fei.scopus.updated2024-07-01
fei.scopus.urlhttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84954296663&origin=inward
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