Work

Equity crowdfunding in technology transfer strategies and licensing

Year: 2018

Type: article

Abstract: The main aim of this study is to investigate to what extent equity crowdfunding could enable firms to outsource research and development activities. Likewise, the present study aims at analysing the relationship between desorptive capacity (DCAP) and equity crowdfunding performance. We also aim at studying the mediation role of ICT firm's capabilities, connective capacity and minor equity ownership. In this regard, this study intends to pioneer into connecting the knowledge management theory with the crowdfunding studies. A sample of 180 projects based on the top ten European equity crowdfunding platforms has been used. Findings indicate that desorptive capacity enables companies in developing external knowledge retention and expoitation which, in turn, enhance equity crowdfunding performance.

Source: International Journal of Technology Management

DOI: 10.1504/ijtm.2018.093943

Authors: Luca Dezi, Valentina Cillo, Antonio Usai, Paola Pisano

Institutions: Parthenope University of Naples, Link Campus University, University of Sassari, University of Turin

Language: English

Topic: FinTech, Crowdfunding, Digital Finance

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: green

OpenAlex ID: W4243045092

FWCI: 3.397

Cites:

Cited by: 17

Related to: 10