A Non-Liner Decision Model for Green Crowdfunding Project Success: Evidence from China
Abstract
:1. Introduction
2. Theoretical Background
2.1. Green Crowdfunding Project
2.2. Crowdfunding Project Success
3. Hypotheses Development
3.1. Goal Setting
3.2. Project Duration
3.3. Funds Pledge
4. Methodology
4.1. Data Collection
4.2. Measures
4.3. Data Analysis and Results
4.4. Robustness Check
4.5. Key Findings
5. Implications and Conclusions
5.1. Implications
5.2. Limitations and Future Research
5.3. Conclusions
Author Contributions
Funding
Conflicts of Interest
References
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Variables | Min | Max | Mean | Std. Deviation |
---|---|---|---|---|
Goal setting | 1000 | 30,000,000.000 | 338,089.642 | 1,232,957.197 |
Project duration | 1 | 1940 | 106.12 | 119.954 |
Funds pledge | 1 | 182,072 | 2,509.110 | 9,815.229 |
Project success | 0.00001 | 2.157 | 0.433 | 0.412 |
Variables | Model 1 | Model 2 | Model 3 | Model 4 |
---|---|---|---|---|
Funds pledge | 0.309 ** | 0.343 ** | 0.213 ** | 0.245 ** |
Goal setting | −0.073 ** | −0.442 ** | −0.046 | −0.338 ** |
Duration | −0.276 ** | −0.272 ** | −0.668 ** | −0.643 ** |
GoalSetting2 | 0.401 ** | 0.315 ** | ||
Duration2 | 0.517 ** | 0.487 ** | ||
∆R2 | 0.121 | 0.026 | 0.080 | 0.016 |
R2 | 0.121 | 0.147 | 0.201 | 0.217 |
Adjusted R2 | 0.119 | 0.144 | 0.199 | 0.214 |
Observations | 1389 | 1389 | 1389 | 1389 |
Full Model | |
---|---|
Variables | |
Funds pledge | 0.268 ** |
Goal setting | −0.392 * |
Duration | −0.479 ** |
GoalSetting2 | 0.336 * |
Duration2 | 0.457 ** |
∆R2 | 0.016 |
R2 | 0.189 |
Adjusted R2 | 0.183 |
Observations | 705 |
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Share and Cite
Yang, J.; Liu, L.; Yin, C. A Non-Liner Decision Model for Green Crowdfunding Project Success: Evidence from China. Int. J. Environ. Res. Public Health 2019, 16, 187. https://doi.org/10.3390/ijerph16020187
Yang J, Liu L, Yin C. A Non-Liner Decision Model for Green Crowdfunding Project Success: Evidence from China. International Journal of Environmental Research and Public Health. 2019; 16(2):187. https://doi.org/10.3390/ijerph16020187
Chicago/Turabian StyleYang, Jinbi, Libo Liu, and Chunxiao Yin. 2019. "A Non-Liner Decision Model for Green Crowdfunding Project Success: Evidence from China" International Journal of Environmental Research and Public Health 16, no. 2: 187. https://doi.org/10.3390/ijerph16020187