The DOI matches its Crossref record; 140 of the 140 references it cites were found in a registry or an index.
The power of positivity? The influence of positive psychological capital language on crowdfunding performance
Open accessAbstract
Abstract We extend the entrepreneurship literature to include positive psychological capital — an individual or organization's level of psychological resources consisting of hope, optimism, resilience, and confidence — as a salient signal in crowdfunding. We draw from the costless signaling literature to argue that positive psychological capital language usage enhances crowdfunding performance. We examine 1726 crowdfunding campaigns from Kickstarter, finding that entrepreneurs conveying positive psychological capital experience superior fundraising performance. Human capital moderates this relationship while social capital does not, suggesting that costly signals may, at times, enhance the influence of costless signals. Post hoc analyses suggest findings generalize across crowdfunding types, but not to IPOs.
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Cites
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POSITIVE PSYCHOLOGICAL CAPITAL: MEASUREMENT AND RELATIONSHIP WITH PERFORMANCE AND SATISFACTION
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“, 2007), thematically, passion and positive psychological capital overlap in that they both provide an individual with increased motivation (e.g., Cardon et al., 2009; Luthans et al., 2007).”
BackgroundMethodInfluential
Cited by
Initial coin offerings (ICOs) to finance new ventures
Fisch, C. (2019) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2018.09.007 · Cited by 533
Signaling Theory in Entrepreneurship Research: A Systematic Review and Research Agenda
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Chandler, J. A., Johnson, N. E., Jordan, S. L., B, D. K., & Short, J. C. (2023) · The Leadership Quarterly · doi:10.1016/j.leaqua.2022.101660 · Cited by 105
Self-citationThe sandwich game: Founder-CEOs and forecasting as impression management
Collewaert, V., Vanacker, T., Anseel, F., & Bourgois, D. (2021) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2020.106075 · Cited by 47
Metadata
- Authors
- Anglin, A. H., Short, J. C., Drover, W., Stevenson, R. M., McKenny, A. F., & Allison, T. H.
- Venue
- Journal of Business Venturing
- Publisher
- Elsevier BV
- Published
- 2018-07
- Volume
- 33
- Issue
- 4
- Pages
- 470-492
- ISSN
- 0883-9026 (ISSN-L)
- OpenAlex
- W2796302824
- Cited by
- 451
- References
- 140
- FWCI
- 48.33
- Type
- journal article
- Language
- en
- Open access
- green
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- Anglin, A. H., Short, J. C., Drover, W., Stevenson, R. M., McKenny, A. F., & Allison, T. H. (2018). The power of positivity? The influence of positive psychological capital language on crowdfunding performance. Journal of Business Venturing. https://doi.org/10.1016/j.jbusvent.2018.03.003
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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