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The Influence of macroeconomic factors on performance in eSports
Hlinka, Vladimír ; Šíma, Jan (advisor) ; Voráček, Josef (referee)
Title: The Influence of macroeconomic factors on performance in eSports Objectives: The main objective of this work is to find determinants of success in eSports. Furthermore, interpreting regression coefficients gives us the opportunity to point out the most important factors of success in eSports and also to compare their relative strenght in regression model. The results of the regression analysis will be put in comparison with the outcomes of similiar papers on this topic, mainly focused on the performance in traditional sports. Methods: To analyse our collected secondary data, we use multiple linear regression model. To test some of the assumptions of regression, Pearson correlation coefficient was used. The dataset was tested on the 5 % significance level. The regression model was made via IBM SPSS Statistics 27. Results: There were only 5 independent variables left in the model after testing all the linear regression assumptions. From these 5, only 4 were statistically significant: Population, School enrollment (tertiary), Internet users per 100 and High-technology exports. Population and School enrollment have the most relative strenght in the regression model. Many authors mention GDP per capita as an important predictor of success in traditional sports, however this study does not...
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Does Language Drive the Crowd? Case of Czech Reward-Based Crowdfunding
Hudcová, Tereza ; Polák, Petr (advisor) ; Schwarz, Jiří (referee)
This thesis analyses the biggest reward-based crowdfunding platform in the Czech Repub- lic using textual tools on uniquely collected microdata. The research question investigates which of the attributes of project campaigns (including the language style of project de- scriptions) have a significant impact on successful funding. Empirical analysis combines results of Bayesian Model Averaging and logistic regression. Results reveal that firstly, language style of project descriptions does not possess any significant predictive power. Secondly, that utilization of a video, size of pledging goal, or the number of contributors have a significant effect on the campaign's success, which is in line with current literature. Thirdly, it has proven to be true that project categorization plays an important role as well. On the contrary, the findings do not imply any causal claims, such as whether those factors persuade contributors to donate money. JEL Classification G23 Keywords crowdfunding, rewards, success determinants, natural language processing Author's e-mail t.hudcova@gmail.com Supervisor's e-mail polakpet@gmail.com
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Non-equity Crowdfunding: Funding Success and Dynamics on Hithit
Machová, Veronika ; Gregor, Martin (advisor) ; Švarcová, Natálie (referee)
Non-equity Crowdfunding: Funding Success and Dynamics on Hithit Veronika Machová Abstract Non-equity crowdfunding, as an innovative way of financing new ideas, has been growing enormously over recent years. Crowdfunding projects are often characterized by a predetermined monetary goal and the length of the campaign. Furthermore, potential contributors can observe the level of funding provided by others, which suggests that details of previous contributions play an essential role in funding behavior. We obtain data from the Czech crowdfunding platform Hithit, which allow us to empirically analyze the determinants of success and the funding dynamics of crowdfunding projects. Outcomes from several probit regressions indicate that shorter campaigns and campaigns offering private rewards of lower value are more likely to be successful-but these results do not demonstrate causality. A short campaign signals confidence; this positive signaling effect outweighs the marketing- opportunities effect of a long campaign. Applying fixed effects model to panel data, we show that the amount of contributions is negatively associated with the level of funding already achieved, providing evidence of free-riding effect. However, the effect of past contributions is reversed in the final phase of the campaign as the risk of...
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