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  • September 2020
  • Article
  • Journal of Business Research

How Multimedia Shape Crowdfunding Outcomes: The Overshadowing Effect of Images and Videos on Text in Campaign Information

By: J Yang, Y Li, Goran Calic and Anton Shevchenko
  • Format:Print
  • | Pages:13
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Abstract

This study aims to explore the moderating effect of the number of images and videos on the relationship between text length in crowdfunding campaign descriptions and crowdfunding outcomes. We use data from 13,622 technology campaigns on the Kickstarter website to test our hypotheses. The findings indicate that an increased number of images and videos improves fundraising performance but weakens the positive effect of description length on the fundraising performance of technology campaigns. In other words, on the Kickstarter website, we find an overshadowing effect between multimedia. The term “overshadowing effect” proposed in this paper suggests that redundant media can obscure the effect of other media in working memory. This study is among the first to explore the interaction between multimedia types from the theoretical perspective of cognitive load.

Keywords

Crowdfunding; Media; Cognition and Thinking; Performance Effectiveness; Entrepreneurial Finance

Citation

Yang, J., Y Li, Goran Calic, and Anton Shevchenko. "How Multimedia Shape Crowdfunding Outcomes: The Overshadowing Effect of Images and Videos on Text in Campaign Information." Journal of Business Research 117 (September 2020): 6–18.
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More from the Authors

    • February 2025
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    Seeing the Whole: Configurational Cognition and New Venture Resource Mobilization

    By: Goran Calic, François Neville, Santi Furnari and C. S. Richard Chan
    • December 5, 2024
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    A Consensus Definition of Creativity in Surgery: A Delphi Study Protocol

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    Characteristics of Creative Individuals: An Umbrella Review Protocol

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More from the Authors
  • Seeing the Whole: Configurational Cognition and New Venture Resource Mobilization By: Goran Calic, François Neville, Santi Furnari and C. S. Richard Chan
  • A Consensus Definition of Creativity in Surgery: A Delphi Study Protocol By: Alex Thabane, Tyler McKechnie, Phillip Staibano, Vikram Arora, Goran Calic, Jason W. Busse, Sameer Parpia and Mohit Bhandari
  • Characteristics of Creative Individuals: An Umbrella Review Protocol By: Alex Thabane, Tyler McKechnie, Phillip Staibano, Goran Calic, Colin Kruse, Jason W. Busse, Samee Parpia and Mohit Bhandari
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