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Determinants of funding intention of crowdfunding campaigns from India – a subregional cultural variation and transnational migrants perspective

Lookup NU author(s): Dr Saurabh BhattacharyaORCiD, Dionysios Vroulias

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This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).

Abstract

Purpose-This paper aims to explore how sub-national or regional cultural differences influence backers’ willingness to crowdfund projects. The paper also explores how migrant transnationalism influences the impact of backer’s sub-national culture and crowdfunding relationships. Design/methodology/approach- This paper is based on the experimental design technique using analysis of covariance methods. The authors tested the study hypotheses on a sample of 790 respondents.Findings- The study results suggest that individuals differ in their intent to crowdfund product campaigns depending on value congruence between their cultural values derived from the region to which they belong and the nature of the product category, such as environmentally friendly or happiness-enhancing products.Originality/value- This paper explores the role of regional cultural differences in determining the intention to crowdfund different campaigns based on the nature of the product. Value congruence, as driven by regional cultural differences with crowdfunding campaigns, has not been explored before.

Publication metadata

Author(s): Agnihotri A, Bhattacharya S, Vrontis D

Publication type: Article

Publication status: Published

Journal: Multinational Business Review

Year: 2024

Volume: 32

Issue: 3

Pages: 405-424

Print publication date: 02/08/2024

Online publication date: 16/04/2024

Acceptance date: 09/03/2024

Date deposited: 13/08/2024

ISSN (electronic): 1525-383X

Publisher: Emerald

URL: https://doi.org/10.1108/MBR-06-2023-0108

DOI: 10.1108/MBR-06-2023-0108

ePrints DOI: 10.57711/wr5b-rw08

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