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2023
Signals’ Influence on Crowd Funding Investment Decisions: A comparison of Taiwan and India
한국인터넷방송통신학회
이상준 외 1명
논문정보
- Publisher
- The International Journal of Internet, Broadcasting and Communication
- Issue Date
- 2023-02-28
- Keywords
- -
- Citation
- -
- Source
- -
- Journal Title
- -
- Volume
- 15
- Number
- 1
- Start Page
- 231
- End Page
- 242
- DOI
- ISSN
- 22884920
Abstract
Crowd funding faces a number of significant obstacles despite its rapid growth and popularity, with the main one being the possible asymmetric information between fundraisers and potential supporters. A study taxonomy based on signalling theory has been created to compare projects originating from Taiwan and India. This was made possible by obtaining a dataset from the crowd funding website, Kickstarter (Global platform). To make the project effective, the study’s goal is to look into how signals (e.g., goal-setting, comments, and updates) might be used to reduce the problem of information asymmetry. Thus, we applied an Ordinary Least Squares (OLS) regression. Both Taiwan and India demonstrated signal mitigation of information asymmetry, but Taiwan showed a stronger relationship between ambitious goals and successful projects than India. The relative importance of project comments has been found to be stronger in Taiwan than in India; the relative importance of project updates has been found to be weaker and negatively correlated with project success in India, in contrast to Taiwan. Notably, our findings provide a theoretical and practical framework for understanding and using signals in successful crowd funding campaigns and activities in these two emerging countries.
- 전남대학교
- KCI
- The International Journal of Internet, Broadcasting and Communication
저자 정보
| 이름 | 소속 |
|---|---|
| 이상준 | 디지털미래융합서비스협동과정 |