Solving the Puzzle of Crowdfunding: Where Technology Affordances and Institutional Entrepreneurship Collide

10 Pages Posted: 27 Jun 2013

See all articles by Claire Ingram

Claire Ingram

Stockholm School of Economics - Department of Marketing and Strategy

Robin Teigland

Stockholm School of Economics - Department of Marketing and Strategy

Emmanuelle Vaast

McGill University - Desautels Faculty of Management

Date Written: June 15, 2013

Abstract

Crowdfunding has been embraced by entrepreneurs across the globe as an alternative to traditional sources of funding. However, it is not clear that Swedish ICT entrepreneurs have embraced it as warmly, despite the potential benefits it offers. The paper explores this empirical puzzle in light of two complementary theoretical literatures: institutional entrepreneurship and technology affordances. It first examines existing institutional logics around investment before turning to the features of crowdfunding and whether ICT entrepreneurs perceive these as affordances. It then turns to the tension between these affordances, institutional logics and the crowdfunding platform providers’ attempts as an institutional entrepreneur to become “taken for granted” as a legitimate part of the Swedish start-up institutional field.

Keywords: crowdfunding, institutional entrepreneurship, affordances, ICT entrepreneurs

Suggested Citation

Ingram, Claire and Teigland, Robin and Vaast, Emmanuelle, Solving the Puzzle of Crowdfunding: Where Technology Affordances and Institutional Entrepreneurship Collide (June 15, 2013). Available at SSRN: https://ssrn.com/abstract=2285426 or http://dx.doi.org/10.2139/ssrn.2285426

Claire Ingram (Contact Author)

Stockholm School of Economics - Department of Marketing and Strategy ( email )

Box 6501
Stockholm, Stockholm 113 65
Sweden

Robin Teigland

Stockholm School of Economics - Department of Marketing and Strategy ( email )

Box 6501
Stockholm, Stockholm 113 65
Sweden

HOME PAGE: http://www.knowledgenetworking.org

Emmanuelle Vaast

McGill University - Desautels Faculty of Management ( email )

1001 Sherbrooke St. West
Montreal, Quebec H3A1G5 H3A 2M1
Canada

Register to save articles to
your library

Register

Paper statistics

Downloads
292
Abstract Views
1,065
rank
102,513
PlumX Metrics