Abstract
We investigated the impact of social capital, publicity, experience, and the reputation of the entrepreneur on the success of crowdfunding projects in the emerging market from 2011 to 2016. We developed a research model and conducted comparative study using objective data collected from several emerging countries. Our study found that social capital under structural dimension (e.g., network ties), relational dimension (e.g., obligation), and cognitive dimension (e.g., shared meaning); publicity; and prior experience of success on the part of the entrepreneur are positively significant in influencing a crowdfunding project's probability to be successfully funded. Our study also shown that there is a different probability of success in each country. Through this study, we provided literature reference for crowdfunding study in the emerging markets that is still rarely available.
Original language | English |
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Title of host publication | Business and Management Issues in the Global and Digital Era |
Subtitle of host publication | Indonesian Perspectives |
Publisher | Nova Science Publishers, Inc. |
Pages | 205-220 |
Number of pages | 16 |
ISBN (Electronic) | 9781536165302 |
ISBN (Print) | 9781536162752 |
Publication status | Published - 11 Nov 2019 |
Keywords
- Crowdfunding
- Emerging market
- Financial innovation
- Publicity
- Reputation
- Social capital