عنوان انگلیسی مقاله:
Investigating the impact of multidimensional social capital on equity crowdfunding performance
ترجمه فارسی عنوان مقاله:
بررسی تأثیر سرمایه اجتماعی چند بعدی بر عملکرد سرمایه گذاری جمعی سهام
Sciencedirect - Elsevier - International Journal of Information Management, 55 (2020) 102230: doi:10:1016/j:ijinfomgt:2020:102230
This research explores how social capital, in the multidimensional perspective using cognitive, relational and structural dimensions influences equity-crowdfunding (ECF) performance considering both the number of investors engaged and the funds collected. Our results demonstrate that cognitive dimensions in part affects ECF performance, in fact shared meaning has a little positive impact on both funding collected and the number of investors, while shared language has a negative effect on the investors involved. Both obligation and trust- worthiness (relational dimension) positively influence ECF performance. Regarding the structural dimension, social network ties has positive effects on ECF performance, while social interactions has a positive impact on funding collected. The research contributes to the current literature on ECF and highlights new factors affecting ECF performance. The study has implications from both a theoretical and a practical perspective. The study findings will be relevant for entrepreneurs, platforms managers and policymakers and offers avenues for further research.
Keywords: Crowdfunding | Entrepreneurship | Social capital | Equity | Campaigns