The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
Internal Social Capital and the Attraction of Early Contributions in Crowdfunding
Open accessAbstract
The nascent crowdfunding literature has highlighted the existence of a self–reinforcing pattern whereby contributions received in the early days of a campaign accelerate its success. After discussing what sustains this pattern, we maintain that the internal social capital that proponents may develop inside the crowdfunding community provides crucial assistance in igniting a self–reinforcing mechanism. Results of an econometric analysis of a sample of 669 Kickstarter projects are consistent with this view. Moreover, the effect of internal social capital on the success of a campaign is fully mediated by the capital and backers collected in the campaign's early days.
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Citations
Cites
Bowling Alone: America's Declining Social Capital
Putnam, R. D. (1995) · Journal of Democracy · doi:10.1353/jod.1995.0002 · Cited by 14,037
Asymptotic Confidence Intervals for Indirect Effects in Structural Equation Models
Sobel, M. E. (1982) · Sociological Methodology · doi:10.2307/270723 · Cited by 12,810
Social Capital: Its Origins and Applications in Modern Sociology
Portes, A. (1998) · Annual Review of Sociology · doi:10.1146/annurev.soc.24.1.1 · Cited by 12,037 · cited 4×
“Second, a proponent benefits from a norm of generalized reciprocity within the online community built around the platform when he or she has backed many projects in the past (Faraj & Johnson, 2011; Portes, 1998).”
BackgroundInfluentialSocial Capital: Prospects for a New Concept
Adler, P. S., & Kwon, S.-W. (2002) · The Academy of Management Review · doi:10.2307/4134367 · Cited by 9,665
Structural Holes and Good Ideas
Burt, R. S. (2004) · American Journal of Sociology · doi:10.1086/421787 · Cited by 5,642
Experimental Study of Inequality and Unpredictability in an Artificial Cultural Market
Salganik, M. J., Dodds, P. S., & Watts, D. J. (2006) · Science · doi:10.1126/science.1121066 · Cited by 2,231
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
Disruption of financial intermediation by FinTech: a review on crowdfunding and blockchain
Cai, C. W. (2018) · Accounting & Finance · doi:10.1111/acfi.12405 · Cited by 319
Ghio, N., Guerini, M., & Rossi-Lamastra, C. (2019) · Small Business Economics · doi:10.1007/s11187-017-9958-3 · Cited by 82
Self-citationRomero-Sánchez, A., Perdomo-Charry, G., & Burbano-Vallejo, E. L. (2024) · Heliyon · doi:10.1016/j.heliyon.2024.e27258 · Cited by 43
Metadata
- Authors
- Colombo, M. G., Franzoni, C., & Rossi–Lamastra, C.
- Venue
- Entrepreneurship Theory and Practice
- Publisher
- SAGE Publications
- Published
- 2015-01
- Volume
- 39
- Issue
- 1
- Pages
- 75-100
- ISSN
- 1042-2587 (ISSN-L)
- 1540-6520
- OpenAlex
- W2060164253
- Cited by
- 1,022
- References
- 6
- FWCI
- 124.15
- Type
- journal article
- Language
- en
- Open access
- green
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