Exploring the effects of social capital on crowdfunding performance: A holistic analysis from the empirical and predictive views

Technology Project Summaries as a Predictor of Crowdfunding Success

“…That said, most research on crowdfunding success has aimed at identifying the antecedents of successfully raising capital, rather than on project implementation. Hence, similar to Yan et al ( 2016), Sahaym et al (2021) and Zhang et al (2022), "crowdfunding success" in our study refers to the fundraising success of a project, addressing specifically whether or not the project's initial funding goal is met. Naturally, the higher a project's funding goal is, the less likely it will be reached (Koch & Siering, 2019).…”

“…Naturally, the higher a project's funding goal is, the less likely it will be reached (Koch & Siering, 2019). Nonetheless, prediction models that aim to understand crowdfunding success from the fundraising perspective typically include a large number of various antecedents, ranging from the creator's age and gender (Johnson et al, 2018;Ba et al, 2021), education (Allison et al, 2017), and social capital (Ba et al, 2021;Zhang et al, 2022), to web presence and social network ties (Hoegen et al, 2018), replies, updates, comments and blog entry counts on the project (Kraus et al, 2016;Wang et al, 2018;Yeh et al, 2019), word count of the project's introduction, video count (Bi et al, 2017), and project type and funding level (Liang et al, 2019). Cordova et al (2015) investigated the roles of funding goal, project duration, and daily amount of money contributions in predicting fundraising success.…”

“…Likewise important were the degree to which the functional benefits of the project outcome serve a functional need of the individual funder 2019; Pomeroy et al, 2019). Online platforms such as Kickstarter or Indiegogo serve as intermediaries that charge fees to creator fundraisers, while funders are not required to pay fees to the platform (Kraus et al, 2016;Zhang et al, 2022). Crowdfunding platforms not only allow creators to raise money, but also enable them to gain public attention, connect with others, run marketing campaigns, test and validate new products and services, and obtain feedback from a platform crowd (Cordova et al, 2015;Bi et al, 2017;Wehnert et al, 2019).…”

Lender retention of online prosocial lending: a self-determination perspective

“…Zhao et al, 2022a). Researchers in the IS discipline have broadly examined all types of crowdfunding, they are equity-based and lending-based crowdfunding, rewardbased crowdfunding, donation-based crowdfunding and online prosocial lending, which are displayed in Table 1 (Allison et al, 2015;Althoff and Leskovec, 2015;Burtch et al, 2014;Xiao and Yue, 2021;Zakhlebin and Horv at, 2019;Zhang et al, 2020Zhang et al, , 2022Zhao et al, 2020). More specifically, Belleflamme et al (2014) suggested that individual equity-based or lendingbased crowdfunding is a way to develop a venture through the process of fundraising.…”

“…, 2015; Althoff and Leskovec, 2015; Burtch et al. , 2014; Xiao and Yue, 2021; Zakhlebin and Horvát, 2019; Zhang et al ., 2020, 2022; Zhao et al. , 2020).…”