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Research Article

Raising funds on crowdfunding platforms: A meta-analysis connecting the platform and fund provider characteristics to funding intention online

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Published online: 29 Jun 2024
 

ABSTRACT

This meta-analytic study investigates the key factors influencing the funder’s intention on the crowdfunding platforms. Our meta-analysis has developed a conceptual framework with five platform features and four funder characteristics with four Hofstede cultural moderators influencing the funding intention. This article analyzed the data from 50 articles (51 studies) representing the sample size of around 19,700 projects. Our results highlight the significance of all nine hypothesized relationships, with eight positive and one negative. The moderator results indicate that all four cultural dimensions moderate majority of the relationships. Finally, implications for future research and practice, limitations, and recommendations have been discussed.

Disclosure statement

No potential conflict of interest was reported by the author(s).

Supplementary material

Supplemental data for this article can be accessed online at https://doi.org/10.1080/10580530.2024.2372267

Additional information

Funding

The author(s) reported there is no funding associated with the work featured in this article.

Notes on contributors

Sandeep Goyal

Sandeep Goyal is a techno-management consultant having more than 18 years of professional experience in the technology industry. He is currently teaching Strategy and Technology related courses in LM Thapar School of Management, India. Regarding academics, he holds a Fellow in Strategic Management and visited the Martin Prosperity Institute (Rotman School of Management, University of Toronto, Canada) as a Research Scholar in Apr-Jun 2013. The research interests involve Business Models in Emerging Markets, E-commerce, Social Entrepreneurship, Shared Value, Circular Economy, and Sustainable Development. He takes courses in the areas of E-Commerce, Strategic Management, International Business, Business Models, and Social Entrepreneurship.

Sumedha Chauhan

Sumedha Chauhan is a Professor of Information Systems and Analytics at O. P. Jindal Global University, India. Her research interests include e-commerce and e-business. She has published multiple research papers in reputed journals such as the European Journal of Information Systems, Communications of the Association for Information Systems, Journal of Business Research, International Journal of Information Management, Sustainable Production and Consumption, Information Systems Frontiers, Computers & Education, Information Systems Management, and Journal of Enterprise Information Management, etc.

Parul Gupta

Parul Gupta holds a doctorate and master’s degree in law, having specialization in Mercantile Law. She earned a Ph.D. from the Faculty of Law - Jamia Milia Islamia, New Delhi in the year 2010. Her expertise lies in Business law and Environmental law. She has published a number of research papers in journals of repute which include International Business Review (IBR), Journal of World Business (JWB), and case studies published by Ivey Publications. She is the author of two books and her research interest lies in Corporate Environmental Responsibility, Social Entrepreneurship, Public Policy and Corporate Governance.

Luvai Motiwalla

Luvai Motiwalla Professor of IS at the University of Massachusetts Lowell and is past Chair of the Operations and Information Systems (OIS) Department. Dr. Motiwalla earned his Ph.D. from the University of Arizona. His research focuses on behavioral science, design science, privacy, and analytics. He has two books, and several articles in journals, and presented at numerous national and international conferences. Professor Motiwalla has consulted or worked on research projects funded by NSF, NIH, DoE, and others. He is on the board of the New England AIS chapter (NEAIS) and has supervised 60+ business analytics capstone projects with the industry.

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