This article studies whether some salient characteristics of the geographical area in which a crowdfunding campaign is launched affect its success. Drawing on a data set of 792 crowdfunded projects, we conduct an empirical study aimed at studying the role played by geographical clusters (GCs) in fostering the crowdfunding of new entrepreneurial ventures. The results offer insights into the phenomenon of crowdfunding and shed light on the role of GCs in the success of reward-based crowdfunding campaigns of early-stage entrepreneurial projects.

中文翻译：

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地理集群在基于奖励的众筹活动成功中的作用

本文研究发起众筹活动的地理区域的一些显着特征是否会影响其成功。利用 792 个众筹项目的数据集，我们进行了一项实证研究，旨在研究地理集群 (GC) 在促进新创业企业众筹方面的作用。结果提供了对众筹现象的见解，并阐明了 GC 在早期创业项目基于奖励的众筹活动成功中的作用。