Influence of Entrepreneur’s Action Logics on His Intention to Adopt Crowdfunding: A Pecking Order Theory Perspective

Omenguele René Guy () and Mbouolang Yimpi Cédric
Additional contact information
Omenguele René Guy: Department of Finance and Accounting, Faculty of Economics and Management, University of Dschang, Dschang, Cameroon
Mbouolang Yimpi Cédric: Research Laboratory in Management, University of Dschang, P.O. Box

Journal of Enterprising Culture (JEC), 2023, vol. 31, issue 04, 427-457

Abstract: Crowdfunding (CF), a new funding channel, is prompting more research on the non-financial determinants of its adoption. This paper is part of this emerging current and aims to explain using the logic of entrepreneurial action, the entrepreneur intention to adopt CF. The binomial logistic regression test on a simplified intention model based on the Unified Theory of Acceptance and Use of Technology model (UTAUT) reveals that the intention to adopt CF varies according to the entrepreneur’s commitment to entrepreneurial act logic and his management logic. These results reveal the validity of the pecking order theory and highlight the importance of incitation to risk-taking and entrepreneurial transparency, catalyst factors for participation in CF.

Keywords: Crowdfunding; entrepreneur; action logic; intention; adoption (search for similar items in EconPapers)
JEL-codes: G15 G23 L26 O16 O35 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0218495823500140
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:jecxxx:v:31:y:2023:i:04:n:s0218495823500140

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0218495823500140

Access Statistics for this article

Journal of Enterprising Culture (JEC) is currently edited by Teck-Meng Tan

More articles in Journal of Enterprising Culture (JEC) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().