720
Views
1
CrossRef citations to date
0
Altmetric
Research Article

Deriving Execution Effectiveness of Crowdfunding Projects from the Fundraiser Network

, , &

References

  • Adler, P.S.; and Kwon, S.-W. Social capital: Prospects for a new concept. Academy of Management Review, 27, 1 (2002), 17–40.
  • Agrawal, A.; Catalini, C.; and Goldfarb, A. Some simple economics of crowdfunding. In J. Lerner and S. Sterns (eds.), Innovation Policy and the Economy. Chicago: The University of Chicago Press, 2014, pp. 63–97.
  • Aigner, D.; Lovell, C.A.K.; and Schmidt, P. Formulation and estimation of stochastic frontier production function models. Journal of Econometrics, 6, 1 (1977), 21–37.
  • Aigner, D.J.; and Chu, S.-F. On estimating the industry production function. The American Economic Review, 58, 4 (1968), 826–839.
  • Battese, G.E.; and Coelli, T.J. A model for technical inefficiency effects in a stochastic frontier production function for panel data. Empirical Economics, 20, 2 (1995), 325–332.
  • Belleflamme, P.; Lambert, T.; and Schwienbacher, A. Crowdfunding: Tapping the right crowd. Journal of Business Venturing, 29, 5 (2014), 585–609.
  • Benjamin, B.A.; and Podolny, J.M. Status, quality, and social order in the California wine industry. Administrative Science Quarterly, 44, 3 (1999), 563–589.
  • Borgatti, S.; and Cross, R. A relational view of information seeking and learning in social networks. Management Science, 49, 4 (2003), 432–445.
  • Borgatti, S.; and Li, X. On social network analysis in a supply chain context. Journal of Supply Chain Management, 45, 2 (2009), 5–22.
  • Bourdieu, P.; and Wacquant, L.J.D. An Invitation to Reflexive Sociology. Chicago: The University of Chicago Press, 1992.
  • Burtch, G.; Ghose, A.; and Wattal, S. The hidden cost of accommodating crowdfunder privacy preferences: A randomized field experiment. Management Science, 61, 5 (2015), 949–962.
  • Burtch, G.; Ghose, A.; and Wattal, S. Secret admirers: An empirical examination of information hiding and contribution dynamics in online crowdfunding. Information Systems Research, 27, 3 (2016), 478–496.
  • Burtch, G.; Hong, Y.; and Liu, D. The role of provision points in online crowdfunding. Journal of Management Information Systems, 35, 1 (January 2018), 117–144.
  • Chan, K.W.; and Li, S.Y. Understanding consumer-to-consumer interactions in virtual communities: The salience of reciprocity. Journal of Business Research, 63, 9–10 (2010), 1033–1040.
  • Chen, C.M.; Delmas, M.A.; and Lieberman, M.B. Production frontier methodologies and efficiency as a performance measure in strategic management research. Strategic Management Journal, 36, 1 (2015), 19–36.
  • Colombo, M.G.; Franzoni, C.; and Rossi‐Lamastra, C. Internal social capital and the attraction of early contributions in crowdfunding. Entrepreneurship Theory and Practice, 39, 1 (2015), 75–100.
  • Courtney, C.; Dutta, S.; and Li, Y. Resolving information asymmetry: Signaling, endorsement, and crowdfunding success. Entrepreneurship Theory and Practice, 41, 2 (2017), 265–290.
  • Cumming, D.; Meoli, M.; and Vismara, S. Investors’ choices between cash and voting rights: Evidence from dual-class equity crowdfunding. Research Policy, 48, 8 (October 2019), 103740.
  • DiMaggio, P.J.; and Powell, W.W. The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. American Sociological Review, 48, 2 (1983), 147–160.
  • Dutta, S.; Narasimhan, O.M.; and Rajiv, S. Conceptualizing and measuring capabilities: Methodology and empirical application. Strategic Management Journal, 26, 3 (2005), 277–285.
  • Farrell, M.J. The measurement of productive efficiency. Journal of the Royal Statistical Society: Series A (General), 120, 3 (1957), 253–281.
  • Gaudeul, A.; and Giannetti, C. The role of reciprocation in social network formation, with an application to LiveJournal. Social Networks, 35, 3 (2013), 317–330.
  • Gleasure, R.; and Feller, J. Does heart or head rule donor behaviors in charitable crowdfunding markets? International Journal of Electronic Commerce, 20, 4 (2016), 499–524.
  • Grewal, R.; Lilien, G.L.; and Mallapragada, G. Location, location, location: How network embeddedness affects project success in open source systems. Management Science, 52, 7 (July 2006), 1043–1056.
  • Hadani, M.; Coombes, S.; Das, D.; and Jalajas, D. Finding a good job: Academic network centrality and early occupational outcomes in management academia. Journal of Organizational Behavior, 33, 5 (2012), 723–739.
  • Hong, Y.; Hu, Y.; and Burtch, G. Embeddedness, prosociality, and social influence: Evidence from online crowdfunding. MIS Quarterly, 42, 4 (2018), 1211–1224.
  • Hu, D.; Zhao, J.L.; Hua, Z.; and Wong, M. Network-based modeling and alysis of systemic risk in banking systems. MIS Quarterly, 36, 4 (2012), 1269–1291.
  • Jiang, Y.; Ho, Y.-C.; Yan, X.; and Tan, Y. Investor platform choice: Herding, platform attributes, and regulations. Journal of Management Information Systems, 35, 1 (2018), 86–116.
  • Karakaplan, M.U. Fitting endogenous stochastic frontier models in Stata. The Stata Journal, 17, 1 (2017), 39–55.
  • Kickstarter. Kickstarter Stats. 2019. https://www.kickstarter.com/help/stats.
  • Kleinberg, J.M. Authoritative sources in a hyperlinked environment. Journal of the ACM (JACM), 46, 5 (1999), 604–632.
  • Lamberton, C.; and Stephen, A.T. A thematic exploration of digital, social media, and mobile marketing: Research evolution from 2000 to 2015 and an agenda for future inquiry. Journal of Marketing, 80, 6 (2016), 146–172.
  • Leana, C.R.; and Pil, F.K. Social capital and organizational performance: Evidence from urban public schools. Organization Science, 17, 3 (2006), 353–366.
  • Li, G.; and Wang, J. Threshold effects on backer motivations in reward-based crowdfunding. Journal of Management Information Systems, 36, 2 (April 2019), 546–573.
  • Lukkarinen, A.; Teich, J.E.; Wallenius, H.; and Wallenius, J. Success drivers of online equity crowdfunding campaigns. Decision Support Systems, 87, (2016), 26–38.
  • Mishra, A.; Sinha, K.K.; Thirumalai, S.; and Van de Ven, A. Sourcing structures and the execution efficiency of information technology projects: A comparative evaluation using stochastic frontier analysis. Journal of Operations Management, 66, 3 (2019), 1–29.
  • Mollick, E. The dynamics of crowdfunding: An exploratory study. Journal of Business Venturing, 29, 1 (2014), 1–16.
  • Page, L.; Brin, S.; Motwani, R.; and Winograd, T. The PageRank Citation Ranking: Bringing Order to the Web. Stanford: Stanford InfoLab, 1999.
  • Podolny, J.M.; and Phillips, D.J. The dynamics of organizational status. Industrial and Corporate Change, 5, 2 (1996), 453–471.
  • Ravindran, K.; Susarla, A.; Mani, D.; and Gurbaxani, V. Social capital and contract duration in buyer-supplier networks for information technology outsourcing. Information Systems Research, 26, 2 (2015), 379–397.
  • Roma, P.; Petruzzelli, A.M.; and Perrone, G. From the crowd to the market: The role of reward-based crowdfunding performance in attracting professional investors. Research Policy, 46, 9 (2017), 1606-1628.
  • Saboo, A.R.; Kumar, V.; and Anand, A. Assessing the impact of customer concentration on initial public offering and balance sheet-based outcomes. Journal of Marketing, 81, 6 (November 2017), 42–61.
  • Shahriari, M.; Sichani, O.A.; Gharibshah, J.; and Jalili, M. Sign prediction in social networks based on users’ reputation and optimism. Social Network Analysis and Mining, 6, 1 (2016), 91.
  • Shane, S.; and Cable, D. Network ties, reputation, and the financing of new ventures. Management Science, 48, 3 (2002), 364–381.
  • Shipilov, A.V.; and Li, S.X. Can you have your cake and eat it too? Structural holes’ influence on status accumulation and market performance in collaborative networks. Administrative Science Quarterly, 53, 1 (2008), 73–108.
  • Siering, M.; Koch, J.-A.; and Deokar, A.V. Detecting fraudulent behavior on crowdfunding platforms: The role of linguistic and content-based cues in static and dynamic contexts. Journal of Management Information Systems, 33, 2 (April 2016), 421–455.
  • Silva, H.M. Intelligent design endangers education. Science, 357, 6354 (2017), 880.
  • Stephen, A.T.; and Toubia, O. Deriving value from social commerce networks. Journal of Marketing Research, 47, 2 (2010), 215–228.
  • Su, H.; Chen, Y.; and Kao, T. Enhancing supplier development: An efficiency perspective. Journal of Business Logistics, 39, 4 (2018), 248–266.
  • Su, H.-C.; Kao, T.-W. (Daniel); and Linderman, K. Where in the supply chain network does ISO 9001 improve firm productivity? European Journal of Operational Research, 283, 2 (June 2020), 530–540.
  • Sutanto, J.; Jiang, Q.; and Tan, C.-H. The contingent role of interproject connectedness in cultivating open source software projects. The Journal of Strategic Information Systems, (2020).
  • Thies, F.; Wessel, M.; and Benlian, A. Effects of social interaction dynamics on platforms. Journal of Management Information Systems, 33, 3 (2016), 843–873.
  • Xiao, S.; Ho, Y.-C. (Chad); and Che, H. Building the momentum: Information disclosure and herding in online crowdfunding. Production and Operations Management, n/a, n/a (2021).
  • Yuan, H.; Lau, R.; and Xu, W. The determinants of crowdfunding success: A semantic text analytics approach. Decision Support Systems, 91, (2016), 67–76.
  • Zheng, H.; Li, D.; Wu, J.; and Xu, Y. The role of multidimensional social capital in crowdfunding: A comparative study in China and US. Information & Management, 51, 4 (2014), 488–496.
  • Zhou, M.J.; Lu, B.; Fan, W.; and Wang, G.A. Project description and crowdfunding success: An exploratory study. Information Systems Frontiers, 20, 2 (2018), 259–274.
  • Zvilichovsky, D.; Inbar, Y.; and Barzilay, O. Playing Both Sides of the Market: Success and Reciprocity on Crowdfunding Platforms. Rochester, NY: Social Science Research Network, 2015.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.