Record Details

The Impact of Social Capital on Crowdfunding Performance

South East Asian Journal of Management

View Archive Info
 
 
Field Value
 
Title The Impact of Social Capital on Crowdfunding Performance
 
Creator Lady Aprilia; Universitas Indonesia
Sigit S. Wibowo; Universitas Indonesia
 
Subject Crowdfunding, Agency Theory, Social Capital, Social Entrepreneurship
 
Description This study aims to analyze the effects of social capital—namely structural,relational, and cognitive dimensions—on crowdfunding performance usingKitabisa.com as a case study for 2013-2015. Using robust ordinary least squares methods, we find two important results. Structural dimension, which is measured by Facebook friends owned by an entrepreneur, affects crowdfundingsuccess. The cognitive dimension, which is measured by the number of wordsthat are written by entrepreneurs in the platform, also affects crowdfundingopportunities in order to wage a successful campaign. Using logistic regressiontechnique, this study finds the same result, namely that the structural dimensionand cognitive dimension have a positive relationship to the performance ofcrowdfunding. From a logistic regression, we can conclude that the number ofFacebook friends and the amount of words to describe the project significantlypositively influence the chances of success of the project; the more the number offriends and the number of words on a project, the greater chance of a project toachieve success. This study concludes Facebook friends owned by entrepreneurand number of words affect positively crowdfunding opportunities toward asuccessful campaign.
 
Publisher Department of Management, Faculty of Economics and Business, Universitas Indonesia
 
Contributor —
 
Date 2017-05-30
 
Type Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.ui.ac.id/index.php/tseajm/article/view/7737
 
Source The South East Asian Journal of Management; Vol 11, No 1 (2017): April 2017
 
Language en
 
Rights Journal Publishing Agreement (JPA)The South East Asian Journal of Management (SEAM)The South East Asian Journal of Management (SEAM) reserves all rights to the published scientific manuscript. Please read this form carefully and sign it if you agree to its terms as your written acceptance of this JPA is required before your article can be published. Please return the signed JPA via email to seam@ui.ac.id.Authorship CriteriaAs the corresponding author, I declare on behalf of myself and my-coauthors that:1. The article is an original work and does not involve fraud, fabrication, or plagiarism.2. The article has not been published previously and is not currently under consideration for publication elsewhere. If accepted by the SEAM, the article will not be submitted for publication to any other journal.3. The article contains no defamatory or unlawful statements and does not contain any materials that infringe upon individual privacy, proprietary rights, or any statutory copyright.4. We have obtained written permission from owners for any excerpts from copyrighted works that are included and have credited the sources from where they were obtained.5. All authors have made significant contributions to the study including the conception and design of the article, the analysis of the data, and the writing of the manuscript.6. All authors have reviewed the manuscript, take responsibility for its content, and approve its publication.7. All authors are aware of and agree to the terms of this publishing agreement and I am signing on their behalf.Copyright Transfer AgreementI hereby assign and transfer to The South East Asian Journal of Management all exclusive rights of copyright ownership to the above work. This includes, but is not limited to, the right to publish, republish, derivate, distribute, transmit, sell, or otherwise use the work and other related material worldwide, in whole, or in part, in all languages, in electronic, printed, or any other forms of media, now known or hereafter developed and the right to authorize or license third parties to do any of the above. I understand that these exclusive rights will become the property of The South East Asian Journal of Management from the date the article is accepted for publication. I also understand that The South East Asian Journal of Management, as a copyright owner, has sole authority to license and permit reproductions of the article. I understand that, except for copyright, other proprietary rights related to the work (e.g. patents or other rights to any process or procedure) shall be retained by the authors. To reproduce any text, figures, tables, or illustrations from this article in the future works of their own, the authors must obtain written permission from The South East Asian Journal of Management; such permission cannot be unreasonably withheld by The South East Asian Journal of Management.Conflict of Interest DisclosureI confirm that all funding sources that supported the work and all institutions and people who contributed to the work, but do not meet the criteria for authors are acknowledged. I also confirm that all commercial affiliation, stock ownership, equity interests, or patent-licensing arrangements that could be considered to pose a financial conflict of interest in connection with the article have been disclosed.