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  • × author_ss:"Du, Q."
  • × author_ss:"Fan, W."
  • × year_i:[2020 TO 2030}
  1. Du, Q.; Li, J.; Du, Y.; Wang, G.A.; Fan, W.: Predicting crowdfunding project success based on backers' language preferences (2021) 0.00 
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    Abstract
    Project success is critical in the crowdfunding domain. Rather than the existing project-centric prediction methods, we propose a novel backer-centric prediction method. We identify each backer's preferences based on their pledge history and calculate the cosine similarity between backer's preferences and the project as each backer's persuasibility. Finally, we aggregate all the backers' persuasibility to predict project success. To validate our method, we crawled data on 183,886 projects launched during or before December 2014 on Kickstarter, a crowdfunding website. We selected 4,922 backers with a total of 442,793 pledges to identify backers' preferences. The results show that a backer is more likely to be persuaded by a project that is more similar to the backer's preferences. Our findings not only demonstrate the efficacy of backers' pledge history for predicting crowdfunding project success but also verify that a backer-centric method can supplement the existing project-centric approaches. Our model and findings enable crowdfunding platform agencies, fund-seeking entrepreneurs, and investors to predict the success of a crowdfunding project.
    Type
    a
  2. Liu, Q.; Yang, Z.; Cai, X.; Du, Q.; Fan, W.: ¬The more, the better? : The effect of feedback and user's past successes on idea implementation in open innovation communities (2022) 0.00 
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    Abstract
    Establishing open innovation communities has evolved as an important product innovation and development strategy for companies. Yet, the success of such communities relies on the successful implementation of many user-submitted ideas. Although extant literature has examined the impact of user experience and idea characteristics on idea implementation, little is known from the information input perspective, for example, feedback. Based on the information overload theory and knowledge content framework, we propose that the amount and types of feedback content have different effects on the likelihood of subsequent idea implementation, and such effects depend on the level of users' success experience. We tested the research model using a panel logistic model with the data of MIUI Forum. The study results revealed that the amount of feedback has an inverted U-shaped effect on idea implementation, and such effect is moderated by a user's past success. Moreover, the type of feedback content (cost and benefit-related feedback and functionality-related feedback) positively affects idea implementation, and a user's past success positively moderated the above effects. Finally, we discuss the theoretical and practical implications, limitations of our research, and suggestions for future research.
    Type
    a

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