{"id":"https://openalex.org/W4391743902","doi":"https://doi.org/10.1007/s12599-024-00854-x","title":"Hedonic Signals in Crowdfunding","display_name":"Hedonic Signals in Crowdfunding","publication_year":2024,"publication_date":"2024-02-12","ids":{"openalex":"https://openalex.org/W4391743902","doi":"https://doi.org/10.1007/s12599-024-00854-x"},"language":"en","primary_location":{"id":"doi:10.1007/s12599-024-00854-x","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s12599-024-00854-x","pdf_url":"https://link.springer.com/content/pdf/10.1007/s12599-024-00854-x.pdf","source":{"id":"https://openalex.org/S27339233","display_name":"Business & Information Systems Engineering","issn_l":"1867-0202","issn":["1867-0202","2363-7005"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business & Information Systems Engineering","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007/s12599-024-00854-x.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5058181708","display_name":"Ivo Blohm","orcid":"https://orcid.org/0000-0003-2422-5952"},"institutions":[{"id":"https://openalex.org/I202963720","display_name":"University of St.Gallen","ror":"https://ror.org/0561a3s31","country_code":"CH","type":"education","lineage":["https://openalex.org/I202963720"]}],"countries":["CH"],"is_corresponding":true,"raw_author_name":"Ivo Blohm","raw_affiliation_strings":["Institute of Information Systems and Digital Business (IWI-HSG), University of St. Gallen, St. Gallen, Switzerland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Institute of Information Systems and Digital Business (IWI-HSG), University of St. Gallen, St. Gallen, Switzerland","institution_ids":["https://openalex.org/I202963720"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5004994445","display_name":"Moritz Schulz","orcid":"https://orcid.org/0000-0002-9962-2074"},"institutions":[{"id":"https://openalex.org/I202963720","display_name":"University of St.Gallen","ror":"https://ror.org/0561a3s31","country_code":"CH","type":"education","lineage":["https://openalex.org/I202963720"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Moritz Schulz","raw_affiliation_strings":["Institute of Information Systems and Digital Business (IWI-HSG), University of St. Gallen, St. Gallen, Switzerland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Institute of Information Systems and Digital Business (IWI-HSG), University of St. Gallen, St. Gallen, Switzerland","institution_ids":["https://openalex.org/I202963720"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5031171331","display_name":"Jan Marco Leimeister","orcid":"https://orcid.org/0000-0002-1990-2894"},"institutions":[{"id":"https://openalex.org/I106157433","display_name":"University of Kassel","ror":"https://ror.org/04zc7p361","country_code":"DE","type":"education","lineage":["https://openalex.org/I106157433"]},{"id":"https://openalex.org/I202963720","display_name":"University of St.Gallen","ror":"https://ror.org/0561a3s31","country_code":"CH","type":"education","lineage":["https://openalex.org/I202963720"]}],"countries":["CH","DE"],"is_corresponding":false,"raw_author_name":"Jan Marco Leimeister","raw_affiliation_strings":["Chair for Information Systems, University of Kassel, Kassel, Germany","Institute of Information Systems and Digital Business (IWI-HSG), University of St. Gallen, St. Gallen, Switzerland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Chair for Information Systems, University of Kassel, Kassel, Germany","institution_ids":["https://openalex.org/I106157433"]},{"raw_affiliation_string":"Institute of Information Systems and Digital Business (IWI-HSG), University of St. Gallen, St. Gallen, Switzerland","institution_ids":["https://openalex.org/I202963720"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5058181708"],"corresponding_institution_ids":["https://openalex.org/I202963720"],"apc_list":{"value":3590,"currency":"USD","value_usd":3590},"apc_paid":{"value":3590,"currency":"USD","value_usd":3590},"fwci":1.6332,"has_fulltext":true,"cited_by_count":4,"citation_normalized_percentile":{"value":0.85832042,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":94,"max":97},"biblio":{"volume":"66","issue":"6","first_page":"757","last_page":"775"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10987","display_name":"Microfinance and Financial Inclusion","score":0.9973999857902527,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12392","display_name":"Sharing Economy and Platforms","score":0.9909999966621399,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.3651944398880005},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.36105385422706604},{"id":"https://openalex.org/keywords/internet-privacy","display_name":"Internet privacy","score":0.3420148491859436}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3651944398880005},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.36105385422706604},{"id":"https://openalex.org/C108827166","wikidata":"https://www.wikidata.org/wiki/Q175975","display_name":"Internet privacy","level":1,"score":0.3420148491859436}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1007/s12599-024-00854-x","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s12599-024-00854-x","pdf_url":"https://link.springer.com/content/pdf/10.1007/s12599-024-00854-x.pdf","source":{"id":"https://openalex.org/S27339233","display_name":"Business & Information Systems Engineering","issn_l":"1867-0202","issn":["1867-0202","2363-7005"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business & Information Systems Engineering","raw_type":"journal-article"},{"id":"pmh:oai:econstor.eu:10419/315721","is_oa":true,"landing_page_url":"https://hdl.handle.net/10419/315721","pdf_url":"https://www.econstor.eu/bitstream/10419/315721/1/12599_2024_Article_854.pdf","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"doc-type:article"},{"id":"pmh:oai:RePEc:spr:binfse:v:66:y:2024:i:6:d:10.1007_s12599-024-00854-x","is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s12599-024-00854-x","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:aisel.aisnet.org:bise-1809","is_oa":false,"landing_page_url":"https://aisel.aisnet.org/bise/vol66/iss6/6","pdf_url":null,"source":{"id":"https://openalex.org/S30879505","display_name":"Journal of the Association for Information Systems","issn_l":"1536-9323","issn":["1536-9323"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310321080","host_organization_name":"Association for Information Systems","host_organization_lineage":["https://openalex.org/P4310321080"],"host_organization_lineage_names":["Association for Information Systems"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Business & Information Systems Engineering","raw_type":"text"}],"best_oa_location":{"id":"doi:10.1007/s12599-024-00854-x","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s12599-024-00854-x","pdf_url":"https://link.springer.com/content/pdf/10.1007/s12599-024-00854-x.pdf","source":{"id":"https://openalex.org/S27339233","display_name":"Business & Information Systems Engineering","issn_l":"1867-0202","issn":["1867-0202","2363-7005"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business & Information Systems Engineering","raw_type":"journal-article"},"sustainable_development_goals":[{"display_name":"Partnerships for the goals","id":"https://metadata.un.org/sdg/17","score":0.5099999904632568}],"awards":[],"funders":[{"id":"https://openalex.org/F4320311363","display_name":"Universit\u00e4t St. Gallen","ror":"https://ror.org/0561a3s31"}],"has_content":{"grobid_xml":false,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4391743902.pdf"},"referenced_works_count":123,"referenced_works":["https://openalex.org/W430137803","https://openalex.org/W759278891","https://openalex.org/W1788836429","https://openalex.org/W1843246605","https://openalex.org/W1887050506","https://openalex.org/W1913957972","https://openalex.org/W1951724000","https://openalex.org/W1953606201","https://openalex.org/W1966585319","https://openalex.org/W1983903351","https://openalex.org/W1987364024","https://openalex.org/W2000186419","https://openalex.org/W2001442493","https://openalex.org/W2002396782","https://openalex.org/W2020254916","https://openalex.org/W2025929695","https://openalex.org/W2050251515","https://openalex.org/W2060388708","https://openalex.org/W2063849612","https://openalex.org/W2077425059","https://openalex.org/W2112256230","https://openalex.org/W2112283624","https://openalex.org/W2115747715","https://openalex.org/W2119681300","https://openalex.org/W2123601949","https://openalex.org/W2129105917","https://openalex.org/W2138432709","https://openalex.org/W2154478757","https://openalex.org/W2163553687","https://openalex.org/W2268382952","https://openalex.org/W2294381801","https://openalex.org/W2306322367","https://openalex.org/W2307809938","https://openalex.org/W2324089429","https://openalex.org/W2336079952","https://openalex.org/W2340818853","https://openalex.org/W2366898614","https://openalex.org/W2461141799","https://openalex.org/W2517256778","https://openalex.org/W2519632545","https://openalex.org/W2550225360","https://openalex.org/W2553469637","https://openalex.org/W2560297938","https://openalex.org/W2561330752","https://openalex.org/W2562494278","https://openalex.org/W2568284083","https://openalex.org/W2573596416","https://openalex.org/W2586173317","https://openalex.org/W2598438981","https://openalex.org/W2610299010","https://openalex.org/W2619261098","https://openalex.org/W2685831646","https://openalex.org/W2735610417","https://openalex.org/W2738298231","https://openalex.org/W2761801686","https://openalex.org/W2766107744","https://openalex.org/W2770220120","https://openalex.org/W2774486220","https://openalex.org/W2791312487","https://openalex.org/W2796302824","https://openalex.org/W2799460056","https://openalex.org/W2800017307","https://openalex.org/W2800311145","https://openalex.org/W2804155281","https://openalex.org/W2886443073","https://openalex.org/W2888560294","https://openalex.org/W2889990775","https://openalex.org/W2896457183","https://openalex.org/W2898354906","https://openalex.org/W2901309198","https://openalex.org/W2901551053","https://openalex.org/W2913175050","https://openalex.org/W2916166632","https://openalex.org/W2921146377","https://openalex.org/W2947494978","https://openalex.org/W2947839146","https://openalex.org/W2956407285","https://openalex.org/W2964981395","https://openalex.org/W2979826702","https://openalex.org/W2979860911","https://openalex.org/W2981881664","https://openalex.org/W2989648698","https://openalex.org/W2997067452","https://openalex.org/W3040382539","https://openalex.org/W3048617038","https://openalex.org/W3062381461","https://openalex.org/W3087832202","https://openalex.org/W3094456288","https://openalex.org/W3106166071","https://openalex.org/W3121545263","https://openalex.org/W3121716941","https://openalex.org/W3121993247","https://openalex.org/W3122045485","https://openalex.org/W3122061554","https://openalex.org/W3122634626","https://openalex.org/W3123229517","https://openalex.org/W3123751977","https://openalex.org/W3124067722","https://openalex.org/W3124284538","https://openalex.org/W3124706040","https://openalex.org/W3125393355","https://openalex.org/W3125484175","https://openalex.org/W3126098980","https://openalex.org/W3127184532","https://openalex.org/W3130190880","https://openalex.org/W3132604161","https://openalex.org/W3133901284","https://openalex.org/W3134589701","https://openalex.org/W3135474044","https://openalex.org/W3180647157","https://openalex.org/W3200803346","https://openalex.org/W3206189480","https://openalex.org/W3211297832","https://openalex.org/W4210810424","https://openalex.org/W4212868688","https://openalex.org/W4220859362","https://openalex.org/W4225248769","https://openalex.org/W4247389303","https://openalex.org/W4251778269","https://openalex.org/W4253213343","https://openalex.org/W4283359919","https://openalex.org/W4291202634","https://openalex.org/W4294236009"],"related_works":["https://openalex.org/W2748952813","https://openalex.org/W2390279801","https://openalex.org/W2358668433","https://openalex.org/W2376932109","https://openalex.org/W2001405890","https://openalex.org/W2382290278","https://openalex.org/W2478288626","https://openalex.org/W2350741829","https://openalex.org/W2530322880","https://openalex.org/W1596801655"],"abstract_inverted_index":{"Abstract":[0],"This":[1,116],"study":[2,117],"draws":[3],"on":[4,17,76,102,111,135],"signaling":[5],"theory":[6],"to":[7,119,139],"investigate":[8],"the":[9,22,50,60,66,88,125,136,142],"effect":[10,23],"of":[11,24,45,52,62,72,90,127,144],"hedonic":[12,25,53,74,91,128],"signals":[13,26,54,75,92,129],"in":[14,55,130,148],"crowdfunding":[15,32,57,121,131,146,149],"projects":[16],"funding":[18,77,98],"performance.":[19,78],"It":[20],"compares":[21],"across":[27,84],"reward-,":[28],"equity-,":[29],"and":[30,41,113,132],"donation-based":[31],"platforms":[33,40,147],"by":[34,93,100,123],"combining":[35],"archival":[36],"data":[37],"from":[38],"18":[39],"a":[42,69],"large-scale":[43],"panel":[44],"64":[46],"experts":[47],"that":[48],"rate":[49],"strength":[51,89],"108":[56],"projects.":[58],"Through":[59],"application":[61],"mixed":[63],"linear":[64],"modeling,":[65],"findings":[67],"indicate":[68],"positive":[70],"influence":[71],"stronger":[73],"However,":[79],"there":[80,106],"are":[81,107],"substantial":[82],"differences":[83],"platform":[85],"types.":[86],"Increasing":[87],"one":[94],"standard":[95],"deviation":[96],"increases":[97],"performance":[99],"28.9%":[101],"reward":[103],"platforms,":[104],"while":[105],"no":[108],"systematic":[109],"effects":[110],"equity":[112],"donation":[114],"platforms.":[115],"contributes":[118],"existing":[120],"research":[122],"clarifying":[124],"role":[126],"shedding":[133],"light":[134],"increasing":[137],"need":[138],"better":[140],"consider":[141],"characteristics":[143],"different":[145],"research.":[150]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":3}],"updated_date":"2026-07-23T08:03:31.855105","created_date":"2025-10-10T00:00:00"}