Organisational barriers and bridges to crowd openness in equity crowdfunding

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

Organisational barriers and bridges to crowd openness in equity crowdfunding. / Pietro, Francesca Di; Bogers, Marcel L.A.M.; Prencipe, Andrea.

In: Technological Forecasting and Social Change, Vol. 162, 120388, 2021.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Pietro, FD, Bogers, MLAM & Prencipe, A 2021, 'Organisational barriers and bridges to crowd openness in equity crowdfunding', Technological Forecasting and Social Change, vol. 162, 120388. https://doi.org/10.1016/j.techfore.2020.120388

APA

Pietro, F. D., Bogers, M. L. A. M., & Prencipe, A. (2021). Organisational barriers and bridges to crowd openness in equity crowdfunding. Technological Forecasting and Social Change, 162, [120388]. https://doi.org/10.1016/j.techfore.2020.120388

Vancouver

Pietro FD, Bogers MLAM, Prencipe A. Organisational barriers and bridges to crowd openness in equity crowdfunding. Technological Forecasting and Social Change. 2021;162. 120388. https://doi.org/10.1016/j.techfore.2020.120388

Author

Pietro, Francesca Di ; Bogers, Marcel L.A.M. ; Prencipe, Andrea. / Organisational barriers and bridges to crowd openness in equity crowdfunding. In: Technological Forecasting and Social Change. 2021 ; Vol. 162.

Bibtex

@article{dc3fccc054aa461c8d941d8fcff56037,
title = "Organisational barriers and bridges to crowd openness in equity crowdfunding",
abstract = "Entrepreneurs can leverage investor networks generated in the course of equity-based crowdfunding campaigns to obtain extra financial resources. While much is known about how the resources that improve venture success are configured, less attention has been paid to the organisational challenges involved in their utilisation and how to overcome them. These challenges represent an impediment to crowd openness for new ventures. Through an in-depth qualitative study of 60 European equity crowdfunded ventures, we identify the organisational barriers—resource gap, trust gap and information gap—to crowd openness. We also identify specific bridges—coordination technology, crowd stratification, mapping investors{\textquoteright} expertise and network and direct and proactive communication—that reduce these barriers and facilitate engagement with external actors.",
keywords = "Crowd openness, Equity crowdfunding, Open innovation, Organisational barriers, Organisational bridges",
author = "Pietro, {Francesca Di} and Bogers, {Marcel L.A.M.} and Andrea Prencipe",
year = "2021",
doi = "10.1016/j.techfore.2020.120388",
language = "English",
volume = "162",
journal = "Technological Forecasting and Social Change",
issn = "0040-1625",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - Organisational barriers and bridges to crowd openness in equity crowdfunding

AU - Pietro, Francesca Di

AU - Bogers, Marcel L.A.M.

AU - Prencipe, Andrea

PY - 2021

Y1 - 2021

N2 - Entrepreneurs can leverage investor networks generated in the course of equity-based crowdfunding campaigns to obtain extra financial resources. While much is known about how the resources that improve venture success are configured, less attention has been paid to the organisational challenges involved in their utilisation and how to overcome them. These challenges represent an impediment to crowd openness for new ventures. Through an in-depth qualitative study of 60 European equity crowdfunded ventures, we identify the organisational barriers—resource gap, trust gap and information gap—to crowd openness. We also identify specific bridges—coordination technology, crowd stratification, mapping investors’ expertise and network and direct and proactive communication—that reduce these barriers and facilitate engagement with external actors.

AB - Entrepreneurs can leverage investor networks generated in the course of equity-based crowdfunding campaigns to obtain extra financial resources. While much is known about how the resources that improve venture success are configured, less attention has been paid to the organisational challenges involved in their utilisation and how to overcome them. These challenges represent an impediment to crowd openness for new ventures. Through an in-depth qualitative study of 60 European equity crowdfunded ventures, we identify the organisational barriers—resource gap, trust gap and information gap—to crowd openness. We also identify specific bridges—coordination technology, crowd stratification, mapping investors’ expertise and network and direct and proactive communication—that reduce these barriers and facilitate engagement with external actors.

KW - Crowd openness

KW - Equity crowdfunding

KW - Open innovation

KW - Organisational barriers

KW - Organisational bridges

U2 - 10.1016/j.techfore.2020.120388

DO - 10.1016/j.techfore.2020.120388

M3 - Journal article

AN - SCOPUS:85092529303

VL - 162

JO - Technological Forecasting and Social Change

JF - Technological Forecasting and Social Change

SN - 0040-1625

M1 - 120388

ER -

ID: 258773314