IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i8p2677-d160894.html
   My bibliography  Save this article

Agricultural Internet Entrepreneurs’ Social Network Behaviors and Entrepreneurship Financing Performance

Author

Listed:
  • Zichun Yan

    (Economics and Management College, Civil Aviation University of China, Tianjin 300300, China)

  • Kai Wang

    (College of Business Administration, Capital University of Economics and Business, Beijing 100070, China)

  • Ze-Yu Wang

    (Institute of Economics, Chinese Academy of Social Science, Beijing 100045, China)

  • Jian Yu

    (Research Center for Environment and Sustainable Development of the China Civil Aviation, Civil Aviation University of China, Tianjin 300300, China)

  • Sang-Bing Tsai

    (Zhongshan Institute, University of Electronic Science and Technology of China, Zhongshan 528402, China)

  • Guodong Li

    (Economics and Management College, Civil Aviation University of China, Tianjin 300300, China)

Abstract

From the perspective of social network behavior, our paper discusses the relationship between agricultural entrepreneurial social network behavior and entrepreneurial financing performance in an Internet crowdfunding setting, and investigates the moderating role of entrepreneurial team size. In this paper, the data-mining method is used to capture and collate data regarding 7585 venture projects on an Internet crowdfunding platform between 2014 and 2017. Ordinary least squares (OLS) and Probit models are applied to the empirical test. The results show that first, compared with other industries, the effect of agricultural entrepreneurs’ quality information disclosure on entrepreneurship financing performance is lower, whereas the effect of their social network interaction is higher. Second, the entrepreneurial team size has a positive moderating role on the former and a negative moderating role on the latter. Our research is of significance for agricultural enterprises to raise their financial performance in Internet crowdfunding, especially for Chinese agricultural micro-enterprises.

Suggested Citation

  • Zichun Yan & Kai Wang & Ze-Yu Wang & Jian Yu & Sang-Bing Tsai & Guodong Li, 2018. "Agricultural Internet Entrepreneurs’ Social Network Behaviors and Entrepreneurship Financing Performance," Sustainability, MDPI, vol. 10(8), pages 1-17, July.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:8:p:2677-:d:160894
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/8/2677/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/10/8/2677/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Patrick J. Murphy & Jill Kickul & Saulo Dubard-Barbosa & Lindsay Titus, 2007. "Expert capital and perceived legitimacy: Female-run entrepreneurial venture signalling and performance," Post-Print halshs-00155792, HAL.
    2. Cheng Shu & Sharon A. Simmons, 2018. "Firm survival in traded industries: does localization moderate the effects of founding team experience?," Small Business Economics, Springer, vol. 50(3), pages 643-655, March.
    3. Massimo G. Colombo & Chiara Franzoni & Cristina Rossi–Lamastra, 2015. "Internal Social Capital and the Attraction of Early Contributions in Crowdfunding," Entrepreneurship Theory and Practice, , vol. 39(1), pages 75-100, January.
    4. Petit, Olivier & Kuper, Marcel & Ameur, Fatah, 2018. "From worker to peasant and then to entrepreneur? Land reform and agrarian change in the Saïss (Morocco)," World Development, Elsevier, vol. 105(C), pages 119-131.
    5. Robert S. Huckman & Bradley R. Staats, 2011. "Fluid Tasks and Fluid Teams: The Impact of Diversity in Experience and Team Familiarity on Team Performance," Manufacturing & Service Operations Management, INFORMS, vol. 13(3), pages 310-328, July.
    6. Dias, Cláudia & Franco, Mário, 2018. "Cooperation in tradition or tradition in cooperation? Networks of agricultural entrepreneurs," Land Use Policy, Elsevier, vol. 71(C), pages 36-48.
    7. Y. Lisa Zhao & Michael Song & Gregory L. Storm, 2013. "Founding Team Capabilities and New Venture Performance: The Mediating Role of Strategic Positional Advantages," Entrepreneurship Theory and Practice, , vol. 37(4), pages 789-814, July.
    8. Tohidi, Hamid & Tarokh, Mohammad Jafar, 2006. "Productivity outcomes of teamwork as an effect of information technology and team size," International Journal of Production Economics, Elsevier, vol. 103(2), pages 610-615, October.
    9. Sinan Aral & Dylan Walker, 2014. "Tie Strength, Embeddedness, and Social Influence: A Large-Scale Networked Experiment," Management Science, INFORMS, vol. 60(6), pages 1352-1370, June.
    10. Deng, Ziliang & Wang, Zeyu, 2016. "Early-mover advantages at cross-border business-to-business e-commerce portals," Journal of Business Research, Elsevier, vol. 69(12), pages 6002-6011.
    11. Kiron Ravindran & Anjana Susarla & Deepa Mani & Vijay Gurbaxani, 2015. "Social Capital and Contract Duration in Buyer-Supplier Networks for Information Technology Outsourcing," Information Systems Research, INFORMS, vol. 26(2), pages 379-397, June.
    12. Jack, Sarah L. & Anderson, Alistair R., 2002. "The effects of embeddedness on the entrepreneurial process," Journal of Business Venturing, Elsevier, vol. 17(5), pages 467-487, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. İlkay Unay-Gailhard & Mark A. Brennen, 2022. "How digital communications contribute to shaping the career paths of youth: a review study focused on farming as a career option," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 39(4), pages 1491-1508, December.
    2. Miaomiao Yin & Asghar Afshar Jahanshahi, 2018. "Developing Knowledge-Based Resources: The Role of Entrepreneurs’ Social Network Size and Trust," Sustainability, MDPI, vol. 10(10), pages 1-15, September.
    3. Kuldeep Singh & Madhvendra Misra, 2021. "Developing an agricultural entrepreneur inclination model for sustainable agriculture by integrating expert mining and ISM–MICMAC," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 5122-5150, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yuho Chung & Yiwei Li & Jianmin Jia, 2021. "Exploring embeddedness, centrality, and social influence on backer behavior: the role of backer networks in crowdfunding," Journal of the Academy of Marketing Science, Springer, vol. 49(5), pages 925-946, September.
    2. Kosmynin, Mikhail & Jack, Sarah L., 2022. "Alternative investing as brokering: The embedding process of a Social Impact Bond model in a local context," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    3. Friedemann Polzin & Helen Toxopeus & Erik Stam, 2018. "The wisdom of the crowd in funding: information heterogeneity and social networks of crowdfunders," Small Business Economics, Springer, vol. 50(2), pages 251-273, February.
    4. Dahlander, Linus & Beretta, Michela & Thomas, Arne & Kazemi, Shahab & Fenger, Morten H.J. & Frederiksen, Lars, 2023. "Weeding out or picking winners in open innovation? Factors driving multi-stage crowd selection on LEGO ideas," Research Policy, Elsevier, vol. 52(10).
    5. Han Liang & Gang Liu & Jianling Yin, 2019. "Venture capital reputation: a blessing or a curse for entrepreneurial firm innovation—a contingent effect of industrial distance," Frontiers of Business Research in China, Springer, vol. 13(1), pages 1-25, December.
    6. Gina Santos & Carla Susana Marques & João Ferreira, 2021. "The Influence of Embeddedness on Entrepreneurship, Innovation and Strategy: A Gender Perspective in the Agri-Food Sector," Sustainability, MDPI, vol. 13(16), pages 1-29, August.
    7. Mariia Petryk & Michael Rivera & Siddharth Bhattacharya & Liangfei Qiu & Subodha Kumar, 2022. "How Network Embeddedness Affects Real-Time Performance Feedback: An Empirical Investigation," Information Systems Research, INFORMS, vol. 33(4), pages 1467-1489, December.
    8. Michael A. Abebe & Pingshu Li & Keshab Acharya & Joshua J. Daspit, 2020. "The founder chief executive officer: A review of current insights and directions for future research," Corporate Governance: An International Review, Wiley Blackwell, vol. 28(6), pages 406-436, November.
    9. Shingo Yoshida & Hironori Yagi, 2021. "Long-Term Development of Urban Agriculture: Resilience and Sustainability of Farmers Facing the Covid-19 Pandemic in Japan," Sustainability, MDPI, vol. 13(8), pages 1-23, April.
    10. Jan Wiers & Didier Chabaud, 2022. "Bibliometric analysis of immigrant entrepreneurship research 2009–2019," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 441-464, December.
    11. Murphy Patrick J. & Pollack Jeff & Nagy Brian & Rutherford Matthew & Coombes Susan, 2019. "Risk Tolerance, Legitimacy, and Perspective: Navigating Biases in Social Enterprise Evaluations," Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-19, October.
    12. Douglas Cumming & Lars Hornuf & Moein Karami & Denis Schweizer, 2023. "Disentangling Crowdfunding from Fraudfunding," Journal of Business Ethics, Springer, vol. 182(4), pages 1103-1128, February.
    13. Jean–Luc Arregle & Bat Batjargal & Michael A. Hitt & Justin W. Webb & Toyah Miller & Anne S. Tsui, 2015. "Family Ties in Entrepreneurs’ Social Networks and New Venture Growth," Entrepreneurship Theory and Practice, , vol. 39(2), pages 313-344, March.
    14. Jascha-Alexander Koch & Michael Siering, 2019. "The recipe of successful crowdfunding campaigns," Electronic Markets, Springer;IIM University of St. Gallen, vol. 29(4), pages 661-679, December.
    15. Wang, Le & Luo, Xin (Robert) & Li, Han, 2022. "Envy or conformity? An empirical investigation of peer influence on the purchase of non-functional items in mobile free-to-play games," Journal of Business Research, Elsevier, vol. 147(C), pages 308-324.
    16. Das, Willy & Das, Satyasiba, 2018. "Role of Heuristic Principles On Crowd-Funder's Investment Decision Making," 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disruptive Change (Dubrovnik, 2018), in: 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disrupt, pages 443-452, Governance Research and Development Centre (CIRU), Zagreb.
    17. Sylvain Dejean, 2020. "The role of distance and social networks in the geography of crowdfunding: evidence from France," Regional Studies, Taylor & Francis Journals, vol. 54(3), pages 329-339, March.
    18. Pushkarskaya, Helen & Fortunato, Michael W.-P. & Breazeale, Nicole & Just, David R., 2021. "Enhancing measures of ESE to incorporate aspects of place: Personal reputation and place-based social legitimacy," Journal of Business Venturing, Elsevier, vol. 36(3).
    19. Asante, Eric Adom & Affum-Osei, Emmanuel, 2019. "Entrepreneurship as a career choice: The impact of locus of control on aspiring entrepreneurs' opportunity recognition," Journal of Business Research, Elsevier, vol. 98(C), pages 227-235.
    20. Nan Langowitz & Maria Minniti, 2007. "The Entrepreneurial Propensity of Women," Entrepreneurship Theory and Practice, , vol. 31(3), pages 341-364, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:8:p:2677-:d:160894. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.