簡易檢索 / 詳目顯示

研究生: 凱貝兒
Ky, Isabelle
論文名稱: Investigating the Success of Crowdfunding:Art and Technology Related Project an Empirical Study
Investigating the Success of Crowdfunding:Art and Technology Related Project an Empirical Study
指導教授: 陳正忠
Chen, Jeng-Chung
學位類別: 碩士
Master
系所名稱: 管理學院 - 國際經營管理研究所
Institute of International Management
論文出版年: 2016
畢業學年度: 105
語文別: 英文
論文頁數: 137
中文關鍵詞:
外文關鍵詞: Reward based crowdfunding, art and technology related categories, mixed method, kicstarter, Flyingv, success factors
相關次數: 點閱:112下載:9
分享至:
查詢本校圖書館目錄 查詢臺灣博碩士論文知識加值系統 勘誤回報
  • Crowdfunding is a way of funding project using crowd contribution aroused by
    many scholars’ interest of those days based on socio-economic impact. Previous
    studies focused on the motivation to participate in this platform, the role of
    community, geography, the culture impact of it and the success factors. Unfortunately
    all of these researches created general model valuable for all project categories. We
    aim to analyze the success factors of art and technology related categories under
    reward base crowdfunding, a gap not yet resolved until now. We used the Uncertainty
    Reduction Theory to explain the success factors kept. Mixed method both secondary
    data and in-depth interview contributed to a better understanding of this topic.
    The result showed that disclosure contributes a lot in project success in
    crowdfunding for those categories mentioned above. The exchange of information and
    the time also contributed to the project success. The interview showed that good
    pre-launch preparation, good products that resonate to backers, meaningful rewards
    and word of mouths by expert in your flied make the difference. This study shed light
    on project initiator and also crowdfunding platform founder on factors they should
    focus on when targeting those types of projects

    ABSTRACT ................................................................................................................... I ACKNOWLEDGEMENTS .......................................................................................... II TABLE OF CONTENTS ............................................................................................ III LIST OF TABLES ..................................................................................................... VII LIST OF FIGURES .................................................................................................. VIII CHAPTER ONE INTRODUCTION ............................................................................ 1 1.1 Research Background and Motivation. ........................................................... 1 1.1.1 Research Background. .......................................................................... 1 1.1.2 Research Motivation. ............................................................................ 3 1.2 Research Objectives and Contribution. ........................................................... 4 1.2.1 Research Objectives. ............................................................................. 4 1.2.2 Research Contribution. ......................................................................... 5 1.3 Research Procedure. ........................................................................................ 5 CHAPTER TWO LITERATURE REVIEW................................................................. 8 2.1 Theoretical Background: Uncertainty Reduction Theory. ............................... 8 2.2 Uncertainty Reduction Theory Stages and Connection to Crowdfunding. ... 10 2.3 Literature Review. ......................................................................................... 13 2.4 Theory Axioms Operationalization in Crowdfunding. .................................. 15 2.5 Hypothesis Development. .............................................................................. 16 2.6 Main Variables and Their Definitions. ........................................................... 19 IV CHAPTER THREE RESEARCH DESIGN AND METHODOLOGY ...................... 21 3.1 Mixed Method. .............................................................................................. 21 3.2 Data Source. .................................................................................................. 22 3.2.1 Secondary Data Source. ...................................................................... 22 3.2.2 Qualitative Data Source. ..................................................................... 23 3.3 Summary of Hypotheses. ............................................................................... 24 3.4 Statistical Analysis. ........................................................................................ 24 3.5 Software. ........................................................................................................ 26 CHAPTER FOUR RESEARCH RESULTS ............................................................... 27 4.1 Quantitative Data. .......................................................................................... 27 4.1.1 Descriptive Statistics. .......................................................................... 27 4.1.2 Correlation Analysis. .......................................................................... 29 4.1.3 Multicollinearity Test. ......................................................................... 29 4.1.4 Logistic Regression. ............................................................................ 29 4.2 Qualitative Data. ............................................................................................ 33 4.2.1 Case Study Interview Procedure and Characteristics of Respondents. ............................................................................................................. 33 4.2.2 Case Study Interview Finding. ............................................................ 34 4.2.3 Kickstarter Experts’ Feedback about Theme Related to My Construct. ............................................................................................................. 37 4.2.4 In-depth Interview Result FlyingV Crowdfunding Platform. .............. 40 CHAPTER FIVE CONCLUSION AND SUGGESTIONS ........................................ 45 5.1 Research Conclusions. ................................................................................... 45 5.2 Research Discussion. ..................................................................................... 46 5.3 Research Implication. .................................................................................... 49 V 5.4 Research Limitation. ...................................................................................... 51 5.5 Future Study. .................................................................................................. 51 REFERENCES ............................................................................................................ 53 APPENDIX ................................................................................................................. 56 Appendix 1: Interview Transcript with Misen (Omar Rada Co-founder) ........... 56 Appendix 2: Interview Transcript with Mage Company (Alex and Michael Owners) ........................................................................................................ 59 Appendix 3: Interview Transcript with Monument (Project owners).................. 62 Appendix 4: Radio Interview 14 minutes Transcript with De la Soul (Founders) ...................................................................................................................... 65 Appendix 5: Crowdfunding Expert Questions Form. .......................................... 68 Appendix 6: In-depth Interview with CEO of tool man tool man (2 project found in Flyingv) .................................................................................................... 70 Appendix 7: In-depth Interview with Lulu’s Hand project CEO( 5 project in Flyingv) ........................................................................................................ 85 Appendix 8: In-depth Interview with CEO of Just Font project ....................... 96 Appendix 9: In-depth Interview with CEO of O Vena project .................. 101 Appendix 10: In-depth Interview with Project Manager of Flyingv ............... 107 Appendix 11: Nvivo11 In-depth Interview Word Cloud (100 most used words) .................................................................................................................... 120 Appendix 12: Nvivo11 In-depth Interview Nodes Structure ............................. 121 Appendix 13: Nvivo11 In-depth Interview 1 Histogram Coding by Node ....... 122 Appendix 14: Nvivo11 In-depth Interview 2 Histogram Coding by Node ....... 123 Appendix 15: Nvivo11 In-depth Interview 3 Histogram Coding by Node ....... 124 Appendix 16: Nvivo11 In-depth interview 4 Histogram Coding by Node ....... 125 VI Appendix 17: Nvivo11 In-depth Interview 5 Histogram Coding by Node ....... 126

    Ahlers, G. K., Cumming, D., Günther, C., & Schweizer, D. (2015). Signaling in
    equity crowdfunding. Entrepreneurship Theory and Practice, 39(4), 955-980.
    Andreoni, J. (1998). Toward a theory of charitable fund‐ raising. Journal of Political
    Economy, 106(6), 1186-1213.
    Antheunis, M. L., Valkenburg, P. M., & Peter, J. (2010). Getting acquainted through
    social network sites: Testing a model of online uncertainty reduction and
    social attraction. Computers in Human Behavior, 26(1), 100-109.
    Berger, C. R. (1995). Inscrutable goals, uncertain plans, and the production of
    communicative action. Communication and Social Influence Processes, 1- 28.
    Berger, C. R., & Bradac, J. J. (1982). Language and social knowledge: Uncertainty in
    interpersonal relations: E. Arnold London.
    Berger, C. R., & Calabrese, R. J. (1975). Some explorations in initial interaction and
    beyond: Toward a developmental theory of interpersonal communication.
    Human Communication Research, 1(2), 99-112.
    Briggman, S. (2014). Kickstarter crowdfunding: How the predictors of success vary
    by project category. Economics, 4198(12/12), 12.
    Burtch, G., Ghose, A., & Wattal, S. (2013a). Cultural differences and geography as
    determinants of online pro-social lending. MIS Quarterly, Forthcoming,
    14-21.
    Burtch, G., Ghose, A., & Wattal, S. (2013b). An empirical examination of the
    antecedents and consequences of contribution patterns in crowd-funded
    markets. Information Systems Research, 24(3), 499-519.
    Burtch, G., Ghose, A., & Wattal, S. (2015). The hidden cost of accommodating
    crowdfunder privacy preferences: a randomized field experiment.
    Management Science, 61(5), 949-962.
    Courtois, C., All, A., & Vanwynsberghe, H. (2012). Social network profiles as
    information sources for adolescents' offline relations. Cyberpsychology,
    Behavior, and Social Networking, 15(6), 290-295.
    Douglas, W. (1990). Uncertainty, information‐ seeking, and liking during initial
    interaction. Western Journal of Communication (includes Communication
    Reports), 54(1), 66-81.
    Ethan, R. M. (2014). The Dynamics of Crowdfunding: Determinants of Success and
    Failure. Journal of Business Venturing, 29(1).
    Galuszka, P., & Bystrov, V. (2014). Crowdfunding: A case study of a new model of
    financing music production. Journal of Internet Commerce, 13(3-4), 233-252.
    Gibbs, J. L., Ellison, N. B., & Heino, R. D. (2006). Self-presentation in online
    personals the role of anticipated future interaction, self-disclosure, and
    perceived success in internet dating. Communication Research, 33(2),
    152-177.
    54
    Gibbs, J. L., Ellison, N. B., & Lai, C.-H. (2010). First comes love, then comes Google:
    An investigation of uncertainty reduction strategies and self-disclosure in
    online dating. Communication Research, 0093650210377091.
    Gleasure, R. (2015). Resistance to crowdfunding among entrepreneurs: An impression
    management perspective. The Journal of Strategic Information Systems, 24(4),
    219-233. doi: http://dx.doi.org/10.1016/j.jsis.2015.09.001
    Greenberg, M. D., Pardo, B., Hariharan, K., & Gerber, E. (2013). Crowdfunding
    support tools: Predicting success & failure. Paper presented at the CHI'13
    Extended Abstracts on Human Factors in Computing Systems.
    Greenwood, B. N., & Gopal, A. (2015). Research Note—Tigerblood: Newspapers,
    blogs, and the founding of information technology Firms. Information Systems
    Research, 26(4), 812-828.
    Gudykunst, W. B., Ting-Toomey, S., & Chua, E. (1988). Culture and interpersonal
    communication: Sage Publications, Inc.
    Gudykunst, W. B., YANG, S. M., & Nishida, T. (1985). A Cross‐ cultural test of
    uncertainty reduction theory. Human Communication Research, 11(3),
    407-454.
    Heath, R. L., & Bryant, J. (1999). Human communication theory and research:
    Concepts, contexts, and challenges: Routledge.
    Hobbs, J., Grigore, G., Molesworth, M., & Jansen, J. (2016). Success in the
    management of crowdfunding projects in the creative industries. Internet
    Research, 26(1), 146-166.
    InfoDev. (2013). Crowdfunding's potential for the developing world. Washington DC:
    World Bank.
    Kuppuswamy, V., & Bayus, B. L. (2015). Crowdfunding creative ideas: The
    dynamics of project backers in Kickstarter. UNC Kenan-Flagler Research
    Paper(2013-15).
    Lalljee, M., & Cook, M. (1973). Uncertainty in first encounters. Journal of
    Personality and Social Psychology, 26(1), 137-141.
    Li-Barber, K. T. (2012). Self-disclosure and student satisfaction with Facebook.
    Computers in Human Behavior, 28(2), 624-630.
    Li, X., & Hitt, L. M. (2008). Self-selection and information role of online product
    reviews. Information Systems Research, 19(4), 456-474.
    Lin, M., & Viswanathan, S. (2015). Home bias in online investments: An empirical
    study of an online crowdfunding market. Management Science, 62(5),
    1393-1414.
    Lukkarinen, A., Teich, J. E., Wallenius, H., & Wallenius, J. (2016). Success drivers of
    online equity crowdfunding campaigns. Decision Support Systems.
    Mehrabian, A. (1971). Verbal and nonverbal interaction of strangers in a waiting
    situation. Journal of Experimental Research in Personality.
    Mitra, T., & Gilbert, E. (2014). The language that gets people to give: Phrases that
    predict success on kickstarter. Paper presented at the Proceedings of the 17th
    ACM conference on Computer supported cooperative work & social
    computing.
    Mollick, E. (2014). The dynamics of crowdfunding: An exploratory study. Journal of
    Business Venturing, 29(1), 1-16.
    Pavlou, P. A., & Dimoka, A. (2006). The nature and role of feedback text comments
    in online marketplaces: Implications for trust building, price premiums, and
    seller differentiation. Information Systems Research, 17(4), 392-414.
    55
    Ramos, J. (2014). Crowdfunding and the role of managers in ensuring the
    sustainability of crowdfunding platforms. Institute for prospective
    technological studies. European Union, 26596.
    Sunnafrank, M. (1986). Predicted outcome value during initial interactions: A
    reformulation of uncertainty reduction theory. Human Communication
    Research, 13(1), 3-33.
    Sunnafrank, M. (1990). Predicted outcome value and uncertainty reduction theories a
    test of competing perspectives. Human Communication Research, 17(1),
    76-103.
    Varian, H. R. (1994). Sequential contributions to public goods. Journal of Public
    Economics, 53(2), 165-186.
    Vesterlund, L. (2003). The informational value of sequential fundraising. Journal of
    Public Economics, 87(3), 627-657.
    Xu, A., Yang, X., Rao, H., Fu, W.-T., Huang, S.-W., & Bailey, B. P. (2014). Show me
    the money!: An analysis of project updates during crowdfunding campaigns.
    Paper presented at the Proceedings of the SIGCHI Conference on Human
    Factors in Computing Systems.
    Yoo, J. H. (2009). Uncertainty reduction and information valence: tests of uncertainty
    reduction theory, predicted outcome value, and an alternative explanation.
    Human Communication, 12(2), 187-198.

    下載圖示 校內:2021-11-09公開
    校外:2021-11-09公開
    QR CODE