TY - GEN
T1 - The Impact of Innovativeness on the Financing Performance of Corwdfunding Projects
T2 - 15th International Conference on Service Systems and Service Management, ICSSSM 2018
AU - Liu, Ningyue
AU - Su, Xin
N1 - Publisher Copyright:
© 2018 IEEE.
PY - 2018/9/13
Y1 - 2018/9/13
N2 - Using the data from the Chinese crowdfunding platform, Demo Hour, from November 2017 to March 2018, this paper investigates the impact of innovativeness on the financial performance of corwdfunding projects moderating by incremental and radical innovation. The results indicate that the financing performance of radical innovation projects is lower than that of incremental innovation projects, and for incremental innovation projects, the higher the degree of innovation, the higher the financing performance of corwdfunding projects is. For radical innovation projects, however, the higher the degree of innovation, the lower the financing performance of incremental innovation projects is. The findings help to eliminate the misunderstanding on the relationship between innovativeness and the financing performance of corwdfunding projects by the sponsors of the crowdfunding project with the shortage of original funds. Furthermore, this study guides the RD team of crowdfunding project to develop new projects which are more in line with public preference, thus to improve the financing performance of corwdfunding projects.
AB - Using the data from the Chinese crowdfunding platform, Demo Hour, from November 2017 to March 2018, this paper investigates the impact of innovativeness on the financial performance of corwdfunding projects moderating by incremental and radical innovation. The results indicate that the financing performance of radical innovation projects is lower than that of incremental innovation projects, and for incremental innovation projects, the higher the degree of innovation, the higher the financing performance of corwdfunding projects is. For radical innovation projects, however, the higher the degree of innovation, the lower the financing performance of incremental innovation projects is. The findings help to eliminate the misunderstanding on the relationship between innovativeness and the financing performance of corwdfunding projects by the sponsors of the crowdfunding project with the shortage of original funds. Furthermore, this study guides the RD team of crowdfunding project to develop new projects which are more in line with public preference, thus to improve the financing performance of corwdfunding projects.
KW - Financing Performance
KW - Incremental Innovation
KW - Innovativeness
KW - Radical Innovation
UR - http://www.scopus.com/inward/record.url?scp=85054349278&partnerID=8YFLogxK
U2 - 10.1109/ICSSSM.2018.8464985
DO - 10.1109/ICSSSM.2018.8464985
M3 - Conference contribution
AN - SCOPUS:85054349278
SN - 9781538651780
T3 - 2018 15th International Conference on Service Systems and Service Management, ICSSSM 2018
BT - 2018 15th International Conference on Service Systems and Service Management, ICSSSM 2018
PB - Institute of Electrical and Electronics Engineers Inc.
Y2 - 21 July 2018 through 22 July 2018
ER -