The Aha Moment! The Effects of Serendipity and Innovation on Crowdfunding Performance

IF 7.8 1区管理学 Q1 BUSINESS

Entrepreneurship Theory and Practice Pub Date : 2024-05-31 DOI:10.1177/10422587241254069

Pyayt P. Oo, Arvin Sahaym, Keith M. Hmieleski, Richard Chan, Annaleena Parhankangas

引用次数: 0

Abstract

Serendipity has played a significant role in the history of invention. Yet, little is known about whether serendipitous inventions are perceived as more or less innovative and thus achieve greater success in seeking funding than those resulting from deliberate processes. The current study explores this issue using a matched-pair sample of 168 serendipitous and non-serendipitous inventions used by entrepreneurs to raise capital through crowdfunding. The results demonstrate that serendipitous inventions are more positively related to crowdfunding success than non-serendipitous ones via perceptions of product innovativeness. Thus, serendipitous inventions appear to be socially rewarded rather than penalized in the context of crowdfunding.

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啊哈时刻！偶然性和创新对众筹业绩的影响

偶然性在发明史上发挥了重要作用。然而，对于偶然性发明是否会被认为更具创新性，从而在寻求资金时比那些经过深思熟虑的发明取得更大的成功，人们却知之甚少。本研究使用了一个配对样本来探讨这个问题，该样本包含了创业者用于通过众筹筹集资金的 168 项偶然发明和非偶然发明。研究结果表明，通过对产品创新性的感知，偶然发明比非偶然发明与众筹成功更有正相关性。因此，在众筹背景下，偶然性发明似乎得到了社会奖励，而不是惩罚。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Entrepreneurship Theory and Practice BUSINESS-

CiteScore

19.00

自引率

12.40%

发文量

期刊介绍： Entrepreneurship Theory and Practice (ETP) is an interdisciplinary scholarly journal dedicated to conceptual and empirical research that advances, tests, or extends theory relating to entrepreneurship in its broadest sense. Article Topics: Topics covered in ETP include, but are not limited to: New Venture Creation, Development, Growth, and Performance Characteristics, Behaviors, and Types of Entrepreneurs Small Business Management Family-Owned Businesses Corporate, Social, and Sustainable Entrepreneurship National and International Studies of Enterprise Creation Research Methods in Entrepreneurship Venture Financing Content: The journal publishes articles that explore these topics through rigorous theoretical development, empirical analysis, and methodological innovation. ETP serves as a platform for advancing our understanding of entrepreneurship and its implications for individuals, organizations, and society.