How social movements influence crowdfunding success

Hsieh, Hui-Ching; Hsieh, Ying‐Che; Vu, Thi Huyen Chi

doi:10.1016/j.pacfin.2018.11.008

Cited by 23 publications

(19 citation statements)

References 39 publications

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“…The experience of musicians that release crowdfunding every time will increase the funding rate by 4.9 percent. These findings are consistent with the results of Hsieh et al (2019) andDe Crescenzo et al (2020).…”

Section: Social Media Account Disclosure and Funding Ratesupporting

confidence: 93%

“…This may be due to the self-interested motivation of supporters, including expecting a reward (Bretschneider and Leimeister, 2017). In model (4) of the baseline regression, adding one more reward raises the funding rate by roughly 1.8 percent, which is consistent with the research of Hsieh et al (2019). The previous crowdfunding experience of the fundraisers can significantly improve the funding rate because trust has an important influence on investor behaviour and potential investors.…”

Section: Social Media Account Disclosure and Funding Ratesupporting

confidence: 64%

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From self‐entertainment to being appreciated: how does social media transfer talent to business?

Chen

Ding

et al. 2021

Accounting & Finance

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This study investigates the influence of social media information disclosure on crowdfunding rates. Using a sample of 1,844 projects from a music crowdfunding platform in China, we find that fundraisers who disclosed their social media accounts contributed to a greater funding rate. Social media account disclosure appears to be more significant for projects created by individuals and accompanied by videos and more images, as well as negative descriptions. Furthermore, the disclosure of social media presence information can improve the funding rate by enabling digital reputations and breaking geographical restrictions. Robust tests and 2SLS estimations support our conclusion.

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Section: Social Media Account Disclosure and Funding Ratesupporting

confidence: 93%

Section: Social Media Account Disclosure and Funding Ratesupporting

confidence: 64%

From self‐entertainment to being appreciated: how does social media transfer talent to business?

Chen

Ding

et al. 2021

Accounting & Finance

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“…Thus, the extracted construct could be seen as a dimensional measurement covering social, environmental, and economic considerations. Compared with previous measurements, the construct echoes Hsieh et al's [32] environmental and social aspects of measurements, Jeong et al's [84] product value measurements (including design, price, storytelling, and branding), and Cosma et al's [79] measurements covering a variety of partners.…”

Section: Theoretical Contributions (1) Contribution To Product Life C...mentioning

confidence: 69%

“…Practically, Taiwan implemented sustainability measures, including Green Building Material Labels [28], the Taiwan Green-Mark [29], and a plastic products restriction policy [30]. Recently, crowdfunding has attracted public attention in Taiwan and generated corresponding platforms [31,32]. Therefore, the research location provided sufficient geographic and social bases for this study.…”

mentioning

confidence: 99%

Construct and Priority Ranking of Factors Affecting Crowdfunding for Green Products

Zhang

et al. 2022

Processes

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This article aims to target the key factors that could positively affect crowdfunding success for green products in order to promote crowdfunding efficiency and green supply chain management. Methods: Data were collected through expert interviews and questionnaires and then processed through analytic hierarchy process (AHP) analysis. Statistical tool: This study used Expert Choice as the software for AHP analysis. Sampling: There were 20 participants (20 effective) in pretesting and 30 (23 effective) in formal testing. Participants were followers of green products in Taiwan. Results: (1) Twenty-four factors were abstracted to form the final construct; (2) the 24 key factors could be divided into 2 hierarchies, with 5 primary factors and 19 secondary factors; (3) among the 5 primary factors, “green diversified context” was the most influential; (4) among the 19 secondary factors, “product material is safe and non-toxic” was the most important. Conclusions: Funders would be likely to finance green products on crowdfunding platforms if these products fit the 24 key factors in orders. Implications: This research contributes to product life cycle theory and crowdfunding theory and practically improves the sustainability of green products.

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“…One example of the creativity born from innovators with technological advances is the emergence of social entrepreneurs by incorporating the concept of business to social movements, a crowdfunding platform. Hsieh et al (2019) argued that social movements significantly influence the chances of successful crowdfunding. The crowdfunding platform is very welcome in the community because able to solve various social problems such as infrastructure development, disaster, medical assistance, scholarship, nature conservation, and other social movements, especially in developing countries like Indonesia.…”

Section: Resultsmentioning

confidence: 99%

Managing creativity and innovation in the 4th industrial revolution: Learning from giants

Rassanjani

Herizal

Mukhrijal

et al. 2021

JIBE

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This article highlights an idea of the importance of creativity and innovation in the face of a change that will inevitably occur in global competition, where technological sophistication is the main prerequisite to lead. The research relies on secondary data primarily from books, journals, published reports, online news, and others. This study observes business giants like Google as the best example of maximizing creativity and innovation in global competition and kitabisa.com as Indonesia's local social entrepreneurship pioneer. Then Nokia and Yahoo are examples of failure to implement creativity and innovation. From many theories, there are four theories to draw the relationship among creativity, innovation, and technology, namely: technology S-curve, punctuated equilibrium, dominant design, and absorptive capacity. However, many theories of creativity and innovation developed by scientists have their advantages and disadvantages. This study is expected to provide new insight for individuals, groups, practitioners, or stakeholders to overcome industrial revolution challenges.

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How social movements influence crowdfunding success

Cited by 23 publications

References 39 publications

From self‐entertainment to being appreciated: how does social media transfer talent to business?

From self‐entertainment to being appreciated: how does social media transfer talent to business?

Construct and Priority Ranking of Factors Affecting Crowdfunding for Green Products

Managing creativity and innovation in the 4th industrial revolution: Learning from giants

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