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Sustainable aim or personal gain? Effects of Personal and Sustainable Value on Crowdfunding Success

Siebeneicher, Sven ; Bock, Carolin (2022)
Sustainable aim or personal gain? Effects of Personal and Sustainable Value on Crowdfunding Success.
In: Academy of Management proceedings, 22 (1)
doi: 10.5465/AMBPP.2022.14306abstract
Artikel, Bibliographie

Kurzbeschreibung (Abstract)

We extend the entrepreneurship literature on crowdfunding by investigating how the relation between personal value and shared sustainable value affects crowdfunding success. To define shared sustainable value, we disaggregate sustainability into three interrelated dimensions: ecologic value, economic value, and social value. Relying on signaling theory, we identify the value proposed in campaign teasers and descriptions by deriving and utilizing reliable word lists for text analysis. Our findings suggest that “first impression matters”. Teasers and descriptions both have significant effects, and crowdfunding can be employed to foster altruistic behavior. For our analysis, we rely on a sample of 45,608 Kickstarter campaigns.

Typ des Eintrags: Artikel
Erschienen: 2022
Autor(en): Siebeneicher, Sven ; Bock, Carolin
Art des Eintrags: Bibliographie
Titel: Sustainable aim or personal gain? Effects of Personal and Sustainable Value on Crowdfunding Success
Sprache: Englisch
Publikationsjahr: 6 Juli 2022
Verlag: Academy of Management
Titel der Zeitschrift, Zeitung oder Schriftenreihe: Academy of Management proceedings
Jahrgang/Volume einer Zeitschrift: 22
(Heft-)Nummer: 1
DOI: 10.5465/AMBPP.2022.14306abstract
URL / URN: https://journals.aom.org/doi/10.5465/AMBPP.2022.14306abstrac...
Kurzbeschreibung (Abstract):

We extend the entrepreneurship literature on crowdfunding by investigating how the relation between personal value and shared sustainable value affects crowdfunding success. To define shared sustainable value, we disaggregate sustainability into three interrelated dimensions: ecologic value, economic value, and social value. Relying on signaling theory, we identify the value proposed in campaign teasers and descriptions by deriving and utilizing reliable word lists for text analysis. Our findings suggest that “first impression matters”. Teasers and descriptions both have significant effects, and crowdfunding can be employed to foster altruistic behavior. For our analysis, we rely on a sample of 45,608 Kickstarter campaigns.

Freie Schlagworte: emergenCITY_SG
Zusätzliche Informationen:

82nd Annual Meeting of the Academy of Management, 04.-10.08.2022 , Seattle, USA

Fachbereich(e)/-gebiet(e): LOEWE
LOEWE > LOEWE-Zentren
LOEWE > LOEWE-Zentren > emergenCITY
Hinterlegungsdatum: 21 Dez 2022 11:35
Letzte Änderung: 10 Mai 2023 05:49
PPN: 498834875
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