Herding behavior in supplier innovation crowdfunding: Evidence from Kickstarter
文献类型：期刊论文
| 作者 | Tian, Xin5,6; Song, Yan5,6; Luo, Chunlin4; Zhou, Xiaoyang2,3; Lev, Benjamin1 |
| 刊名 | INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
 |
| 出版日期 | 2021-09-01 |
| 卷号 | 239页码:14 |
| 关键词 | Herding Information cascade Word-of-mouth Herding mechanisms |
| ISSN号 | 0925-5273 |
| DOI | 10.1016/j.ijpe.2021.108184 |
| 英文摘要 | Despite a growing body of research that has investigated the impacts of social effect on the amount pledged in crowdfunding, some questions remain unclear. How does herding behavior influence the performance in supplier innovation crowdfunding, and is such behavior rational? What are the primary mechanisms of herding behavior? Based on a panel data set from Kickstarter, we find that it is rational herding rather than information cascade that has a positive effect on the performance in supplier innovation crowdfunding, that is, later backers will combine their private information about projects with others' contributions to make decisions. Prior contribution acts as the quality signal and affects the later crowdfunding performance. The empirical studies also testify that information asymmetries, word of mouth effect, network effect, and rational behavior are the primary mechanisms of herding in supplier innovation crowdfunding. |
| 资助项目 | National Natural Science Foundation of China[71932002] ; National Natural Science Foundation of China[71862014] ; National Natural Science Foundation of China[71871175] ; Beijing Natural Science Foundation[9212020] ; Natural Science Foundation of Jiangxi Province[20202BABL201012] ; Fundamental Research Funds for the Central Universities, China |
| WOS研究方向 | Engineering ; Operations Research & Management Science |
| 语种 | 英语 |
| WOS记录号 | WOS:000672719200004 |
| 出版者 | ELSEVIER |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/58968]  |
| 专题 | 中国科学院数学与系统科学研究院 |
| 通讯作者 | Tian, Xin; Luo, Chunlin; Zhou, Xiaoyang |
| 作者单位 | 1.Drexel Univ, LeBow Coll Business, Philadelphia, PA 19104 USA 2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China 3.Xi An Jiao Tong Univ, Sch Management, Xian 710049, Peoples R China 4.Jiangxi Univ Finance & Econ, Sch Informat Management, Nanchang 330013, Jiangxi, Peoples R China 5.Chinese Acad Sci, Res Ctr Fictitious Econ & Data Sci, Beijing 100190, Peoples R China 6.Univ Chinese Acad Sci, Sch Econ & Management, Beijing 100190, Peoples R China |
| 推荐引用方式 GB/T 7714 | Tian, Xin,Song, Yan,Luo, Chunlin,et al. Herding behavior in supplier innovation crowdfunding: Evidence from Kickstarter[J]. INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,2021,239:14. |
| APA | Tian, Xin,Song, Yan,Luo, Chunlin,Zhou, Xiaoyang,&Lev, Benjamin.(2021).Herding behavior in supplier innovation crowdfunding: Evidence from Kickstarter.INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,239,14. |
| MLA | Tian, Xin,et al."Herding behavior in supplier innovation crowdfunding: Evidence from Kickstarter".INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS 239(2021):14. |
入库方式： OAI收割
来源：数学与系统科学研究院
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