Investigating the impact of multidimensional social capital on equity crowdfunding performance

作者：

Highlights：

• This study explores how social capital, in the multidimensional perspective, influences equity-crowdfunding performance.

• The research focuses on the impact of cognitive, relational, structural dimensions on funds collected and number of investors.

• The findings demonstrate that cognitive dimensions in part affects ECF performance.

• Both obligation and trustworthiness (relational dimension) positively influence ECF performance.

• Social network ties has a positive effect on ECF performance, social interactions has a positive impact on funding collected.

摘要

•This study explores how social capital, in the multidimensional perspective, influences equity-crowdfunding performance.•The research focuses on the impact of cognitive, relational, structural dimensions on funds collected and number of investors.•The findings demonstrate that cognitive dimensions in part affects ECF performance.•Both obligation and trustworthiness (relational dimension) positively influence ECF performance.•Social network ties has a positive effect on ECF performance, social interactions has a positive impact on funding collected.

论文关键词：Crowdfunding,Entrepreneurship,Social capital,Equity,Campaigns

论文评审过程：Received 1 June 2020, Revised 3 August 2020, Accepted 19 August 2020, Available online 31 August 2020, Version of Record 31 August 2020.

论文官网地址：https://doi.org/10.1016/j.ijinfomgt.2020.102230