کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5103872 1377406 2017 23 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
From the crowd to the market: The role of reward-based crowdfunding performance in attracting professional investors
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
From the crowd to the market: The role of reward-based crowdfunding performance in attracting professional investors
چکیده انگلیسی
We focus on new technology-based entrepreneurial ventures engaging in reward-based crowdfunding and examine the effect of their performance in such funding channel on the likelihood of securing subsequent funding from professional investors. We also study how this effect is influenced by the presence of patents granted for the new product idea and the entrepreneur social capital. Results from a sample of technology projects launched on Kickstarter demonstrate that pledging a higher amount of money in crowdfunding can ignite professional investors' interest and thus help secure subsequent funding. However, this positive evidence is effective only when complemented by the presence of patents or a large network of social ties.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Research Policy - Volume 46, Issue 9, November 2017, Pages 1606-1628
نویسندگان
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