Social Ties in Organizational Crowdfunding

Müller, Michael; Keough, Mary Ellen; Wafer, John; Geyer, Werner; Saez, Alberto Alvarez; Leip, David; Viktorov, Cara

doi:10.1145/2818048.2819955

Cited by 9 publications

(6 citation statements)

References 46 publications

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“…Universities in Midwest (IN, MI, OH, WI, IL, IA), Northeast (CT, DC, DE, MA, MD, ME, NH, NJ, NY, RI, VT, PA), and Pacific (CA, OR, WA) states were coded as located in research hubs (1), we coded all other institutions as located outside research hubs (0). We also controlled for the existence of a project video for the number of team members given prior evidence of their positive impact on funding levels (Mollick, 2014; Muller et al, 2016).…”

Section: Methodsmentioning

confidence: 99%

“…On the demand side, some studies have focused on the importance of social ties both offline and online, and more generally on the existence of a community as a requirement for crowdfunding success. Such studies have generally found that many founders rely on existing friends and family for funding (Davidson and Poor, 2015; Hui et al, 2014; Hui and Gerber, 2015; Muller et al, 2016; Wang, 2016). Hence, the role of social hierarchies in crowdfunding has been identified indirectly as the reliance on friends and family signals that those from more affluent backgrounds might be more likely to financially benefit from links to affluent close others.…”

Section: Literature Reviewmentioning

confidence: 99%

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The contribution of supply and demand factors to the reproduction of hierarchies online: The case of crowdfunding of scientific research

Davidson

Tsfati

2019

Public Underst Sci

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We conceptualize mechanisms that explain how social uses of media technologies, especially online platforms and crowds, reproduce, or modify inequalities, and explore these in the context of the crowdfunding of science. We distinguish between “supply side” factors related to the ability of actors given their institutional standing to use this funding approach, and “demand side” factors related to the crowd’s sensitivity to the institutional standing of those actors. We collected data on scientists requesting funding for their studies on Experiment.com , arguably the most popular scientific crowdfunding platform, and investigated the factors contributing to initiation and success. Supply side factors were important: crowdfunding appeals tended to come from scientists affiliated with larger, wealthier, and more active and prestigious institutions. However, demand side factors were not as important at the institutional level. Crowdfunding projects’ success was not predicted by the institution’s status, but rather by the number of appeals from an institution.

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Section: Methodsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

The contribution of supply and demand factors to the reproduction of hierarchies online: The case of crowdfunding of scientific research

Davidson

Tsfati

2019

Public Underst Sci

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“…Gender is a categorical variable taking the value 1 if the campaign creator is a female, 2 for male, and 3 for a gender-mixed team. Female entrepreneurs are likely to have a higher success rate than male entrepreneurs, but we expect that teams will outperform individuals, both male and female (Beier and Wagner, 2014;Muller et al, 2016;Malmström et al, 2017;Horvat and Papamarkou, 2017;Vismara et al, 2017;Cha, 2017;Ewens and Townsend, 2020;Ullah and Zhou, 2020;Elitzur and Solodoha, 2021;Gafni et al, 2021;Prokop and Wang, 2022).…”

Section: Variablesmentioning

confidence: 99%

Financing Organic Farming through Crowdfunding: Is the Wisdom of Crowds More Supportive for Mixed Gender Teams?

Ljumović,

Pavlović,

Knežević

2024

ekoncas

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Organic production is on the upswing, owing to consumer preferences for safer products manufactured with environmentally friendly methods. It is frequently promoted to achieve economic development, poverty alleviation, and female empowerment. Crowdfunding is considered an ideal mechanism for mobilizing financial resources for people with limited access to traditional sources, such as women. This paper aims to analyze the gender gap in organic farming crowdfunding and estimate which characteristics foster the likelihood of crowdfunding success in organic production campaigns. We used a sample of crowdfunding campaigns from the Kickstarter platform and employed a binary logistic regression model to investigate the main research question. Our findings show that the crowd primarily supports gender-mixed teams. We also found that having more information about the campaign and project quality, a more realistic goal, and a shorter campaign duration increases the likelihood of succeeding. This paper contributes to the growing literature and policy initiatives to promote and develop gender equality in crowdfunding.

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“…Person-focused leadership was intended to support the group by maintaining close social relationships with team members. In addition to leadership, social ties and social interactions help people gain support in achieving collaborative goals [19,40,53,54].…”

Section: Social Roles In Online Communitiesmentioning

confidence: 99%

Multi-level Modeling of Social Roles in Online Micro-lending Platforms

Sun

Kraut

Yang

2019

Proc. ACM Hum.-Comput. Interact.

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In many teams, members play distinct roles, from leader to disrupter to social networker. Understanding the roles that contributors enact in micro-lending platforms is both psychologically and socially important for sustaining members' motivation and coordinating their joint efforts. Knowing what roles exist in these communities or which additional ones might be needed can also help teams function more effectively. In this paper, we identify social roles in Kiva.org, a peer-to-peer micro-funding platform, by utilizing members' lending behaviors, social network behaviors and communication behaviors to model their social roles at three levels. At the individual level, this method discovered active lenders who made many loans, earlybird lenders who made loans well before deadlines, and lurkers who rarely lent. At the topical level, our method differentiated those who had broad interests and lent to many causes from those who made loans only to borrowers in certain geographic regions or industry sectors. At the team level, the method revealed eight team-oriented functional roles such as encouragers, reminders, competitors, followers, and welcomers. To demonstrate the utility of the team roles, we used regression analysis to show how the distribution of social roles within teams influences the amount of money teams lent. Implications for identifying roles and understanding their contributions to teams are discussed. CCS Concepts: • Human-centered computing → Computer supported cooperative work; Empirical studies in collaborative and social computing.

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Social Ties in Organizational Crowdfunding

Cited by 9 publications

References 46 publications

The contribution of supply and demand factors to the reproduction of hierarchies online: The case of crowdfunding of scientific research

The contribution of supply and demand factors to the reproduction of hierarchies online: The case of crowdfunding of scientific research

Financing Organic Farming through Crowdfunding: Is the Wisdom of Crowds More Supportive for Mixed Gender Teams?

Multi-level Modeling of Social Roles in Online Micro-lending Platforms

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