Journal
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
Volume 162, Issue -, Pages -Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.techfore.2020.120412
Keywords
Crowdfunding dynamics; Social capital; Systematic review
Categories
Funding
- China Scholarship Council (CSC) [201706050160]
Ask authors/readers for more resources
Literature reviews categorize crowdfunding research into different perspectives, but theory development remains limited. The social capital lens offers a promising approach for understanding crowdfunding, with most studies showing a positive and dynamic impact of social capital on crowdfunding activities. Further research directions include analyzing negative aspects and causal effects of social capital.
Several literature reviews on crowdfunding categorise crowdfunding research into different perspectives but provide limited theory development. The social capital literature offers a promising lens for understanding crowdfunding. We provide a comprehensive review of how internal social capital develops through crowdfunding activities and how both external and internal social capital affect crowdfunding campaign dynamics, including early-stage performance, general process, funding performance and post-campaign performance. Most researchers report a positive but dynamic impact of social capital on crowdfunding activities over time. We apply a dynamic view to develop a conceptual model that explains how external and internal social capital affect crowdfunding campaigns. We conclude with proposed directions for future research, including an analysis of the negative aspects and the causal effects of social capital.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available