Understanding the importance of interaction between creators and backers in crowdfunding success

被引:139
|
作者
Wang, Nianxin [1 ]
Li, Qingxiang [1 ]
Liang, Huigang [2 ]
Ye, Taofeng [1 ]
Ge, Shilun [1 ]
机构
[1] Jiangsu Univ Sci & Technol, Sch Econ & Management, Nanjing, Jiangsu, Peoples R China
[2] East Carolina Univ, Coll Business, Greenville, NC 27858 USA
基金
美国国家科学基金会;
关键词
Creator-backer interaction; Crowdfunding; Computer-mediated communication; Participant interactions; Perceived interactivity; Sentiment analysis; ONLINE CONSUMER REVIEWS; PERCEIVED INTERACTIVITY; SENTIMENT ANALYSIS; COMMUNICATION; QUALITY; SATISFACTION; PRODUCT; MEDIA; MODEL; TIME;
D O I
10.1016/j.elerap.2017.12.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
Crowdfunding has received a lot of attention from IS academics, and it is important to understand what led to crowdfunding success. Many studies examined determinants of crowdfunding success, but little attention has been paid to the interaction between creators and backers. We examine effects of comment (including quantity, sentiment, and length) and reply (including ratio, length, and speed) to understand the importance of creator-backer interaction in crowdfunding success. A total of 959 projects from a major crowdfunding platform in China were collected and analyzed. The results indicate that comment quantity, comment score, reply length, and reply speed are positively associated with the fundraising success. In addition, comment sentiment positively moderates the effect of comment quantity on crowdfunding success. The findings demonstrate the importance of interaction between creators and backers in crowdfunding success, providing both theoretical and practical implications. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码:106 / 117
页数:12
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