Equity-Based Crowdfunding to Finance Business Startups

9 Pages Posted: 15 Nov 2019

See all articles by Sentot Imam Wahjono

Sentot Imam Wahjono

Universitas Muhamadiyah Surabaya

Anna Marina

University Muhammadiyah Surabaya

Fam Soo Fen

Universiti Teknikal Malaysia, Melaka - Faculty of Technology Management and Technopreneurship

Date Written: August 29, 2019

Abstract

[enter Abstract Body]Abstract: The aim of this research is to determine the social capital that can affect the success rate of the equity-based crowdfunding project and which is the most influential factor towards the success rate of an equity-based crowdfunding project. Hence, the researcher uses the descriptive to design quantitative questionnaires. It consists of the social network, obligation and shared meaning. Thus, three independent variables will be proceeding by distributing questionnaire online. The researcher will use Google Form as one of the tools to distribute a questionnaire and collect back 267 respondents from online. After collect data, only 167 respondents involved in this research. Pearson's correlation and multiple regression use to test the relationship and significant effect between the independent variable and dependent variable. Through the statistic of SPSS, it was found the research objective was achieved when the hypothesis of three-factor for the successfulness of equity-based crowdfunding is proving.

Keywords: Equity-based crowdfunding, Social capital, Obligation, Shared meaning, success rate project.

Suggested Citation

Wahjono, Sentot Imam and Marina, Anna and Fen, Fam Soo, Equity-Based Crowdfunding to Finance Business Startups (August 29, 2019). International Conference on Science, Technology & Environment (ICoSTE) 2019, Available at SSRN: https://ssrn.com/abstract=3487161 or http://dx.doi.org/10.2139/ssrn.3487161

Sentot Imam Wahjono (Contact Author)

Universitas Muhamadiyah Surabaya ( email )

Anna Marina

University Muhammadiyah Surabaya

Jalan Sutorejo 59
Surabaya, 60113
Indonesia

Fam Soo Fen

Universiti Teknikal Malaysia, Melaka - Faculty of Technology Management and Technopreneurship ( email )

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