This study investigates how project radicalness, team creativity, and intellectual property influence the success of equity crowdfunding (ECF) campaigns. Using fuzzy-set Qualitative Comparative Analysis (fsQCA) on a sample of 42 campaigns from Italian ECF platforms, we explore the configurations of innovation-related dimensions that lead to successful fundraising outcomes. Our findings reveal that no single factor guarantees success. Rather, specific combinations of innovation dimensions are crucial. These results support a contingent perspective and offer practical insights for campaign designers and platform managers seeking to optimise innovation signalling in ECF.

Innovation, team creativity, and intellectual property in equity crowdfunding: a fuzzy and disaggregated approach

Cesaroni, Fabrizio;Fasano, Mattia;Stagliano', Raffaele
Ultimo
2025-01-01

Abstract

This study investigates how project radicalness, team creativity, and intellectual property influence the success of equity crowdfunding (ECF) campaigns. Using fuzzy-set Qualitative Comparative Analysis (fsQCA) on a sample of 42 campaigns from Italian ECF platforms, we explore the configurations of innovation-related dimensions that lead to successful fundraising outcomes. Our findings reveal that no single factor guarantees success. Rather, specific combinations of innovation dimensions are crucial. These results support a contingent perspective and offer practical insights for campaign designers and platform managers seeking to optimise innovation signalling in ECF.
2025
Inglese
Inglese
ELETTRONICO
Si
86
Article number 108997
1
7
7
Internazionale
Esperti anonimi
Equity crowdfunding, Radical innovations, Team creativity, Intellectual property, Fuzzy-set qualitative comparative analysis, (fsQCA)
no
info:eu-repo/semantics/article
Bottaro, Carlotta; Cesaroni, Fabrizio; Fasano, Mattia; Stagliano', Raffaele
14.a Contributo in Rivista::14.a.1 Articolo su rivista
4
262
open
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11570/3343577
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