Joint contribution and consumption through online crowdfunding campaigns

With the emergence of online social networks and entrepreneur projects, crowdfunding is gaining popularity to raise money for a new project. In the online crowdfunding platform, the members (including project initiators and supports) share ideas to solve a problem and create favourable exchange cond...

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Autor principal: Fan-Chuan Tseng
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2020
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Acceso en línea:https://doaj.org/article/f03ab32886b445c6932e95b9aa804023
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spelling oai:doaj.org-article:f03ab32886b445c6932e95b9aa8040232021-12-02T18:23:50ZJoint contribution and consumption through online crowdfunding campaigns2331-197510.1080/23311975.2020.1843308https://doaj.org/article/f03ab32886b445c6932e95b9aa8040232020-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2020.1843308https://doaj.org/toc/2331-1975With the emergence of online social networks and entrepreneur projects, crowdfunding is gaining popularity to raise money for a new project. In the online crowdfunding platform, the members (including project initiators and supports) share ideas to solve a problem and create favourable exchange conditions for the individuals’ as well as social benefits. In this study, an extended expectancy confirmation model is proposed and validated to explore the influence of supports’ individual traits, consumer values as well as their evaluation of the crowdfunding projects. Through the online questionnaire survey and quantitative analysis, the results show significant antecedents of supports’ confirmation and identify the influence of consumption value on satisfaction and future intention of online crowdfunding. This study suggests that the success of online crowdfunding campaign is not just derived from individuals’ prosocial orientation. Instead, consumers’ trait and cognition should be addressed so as to increase the benefits of collective action.Fan-Chuan TsengTaylor & Francis Grouparticleonline crowdfundingexpectancy confirmation theoryconsumer innovativenessconsumer identificationconsumption valueBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 7, Iss 1 (2020)
institution DOAJ
collection DOAJ
language EN
topic online crowdfunding
expectancy confirmation theory
consumer innovativeness
consumer identification
consumption value
Business
HF5001-6182
Management. Industrial management
HD28-70
spellingShingle online crowdfunding
expectancy confirmation theory
consumer innovativeness
consumer identification
consumption value
Business
HF5001-6182
Management. Industrial management
HD28-70
Fan-Chuan Tseng
Joint contribution and consumption through online crowdfunding campaigns
description With the emergence of online social networks and entrepreneur projects, crowdfunding is gaining popularity to raise money for a new project. In the online crowdfunding platform, the members (including project initiators and supports) share ideas to solve a problem and create favourable exchange conditions for the individuals’ as well as social benefits. In this study, an extended expectancy confirmation model is proposed and validated to explore the influence of supports’ individual traits, consumer values as well as their evaluation of the crowdfunding projects. Through the online questionnaire survey and quantitative analysis, the results show significant antecedents of supports’ confirmation and identify the influence of consumption value on satisfaction and future intention of online crowdfunding. This study suggests that the success of online crowdfunding campaign is not just derived from individuals’ prosocial orientation. Instead, consumers’ trait and cognition should be addressed so as to increase the benefits of collective action.
format article
author Fan-Chuan Tseng
author_facet Fan-Chuan Tseng
author_sort Fan-Chuan Tseng
title Joint contribution and consumption through online crowdfunding campaigns
title_short Joint contribution and consumption through online crowdfunding campaigns
title_full Joint contribution and consumption through online crowdfunding campaigns
title_fullStr Joint contribution and consumption through online crowdfunding campaigns
title_full_unstemmed Joint contribution and consumption through online crowdfunding campaigns
title_sort joint contribution and consumption through online crowdfunding campaigns
publisher Taylor & Francis Group
publishDate 2020
url https://doaj.org/article/f03ab32886b445c6932e95b9aa804023
work_keys_str_mv AT fanchuantseng jointcontributionandconsumptionthroughonlinecrowdfundingcampaigns
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