Ross Malaga, Stanislav Mamonov and Janet Rosenblum
Title II of the Jumpstart Our Business Startups Act aims to make it easier for new ventures to raise funds from accredited investors via equity crowdfunding. The purpose of this…
Abstract
Purpose
Title II of the Jumpstart Our Business Startups Act aims to make it easier for new ventures to raise funds from accredited investors via equity crowdfunding. The purpose of this paper is to understand whether Title II equity crowdfunding represents an opportunity for women-owned companies (those that have one or more female owners/founders) to raise capital at rates similar to companies owned by men.
Design/methodology/approach
The authors conduct an exploratory analysis using a data set containing 6,234 Title II equity crowdfunded offerings aggregated across 17 crowdfunding platforms between September 2013 and December 2015.
Findings
The authors find that women-owned companies constitute only 15.2 per cent of the ventures seeking funding in this data set; however, gender had no effect on the likelihood of successful fundraising under Title II.
Originality/value
This study is the first to examine the roll of gender on the success of equity crowdfunding campaigns the USA. It provides empirical evidence that crowdfunding has had limited impact on democratizing access to capital for woman-owned startups and small businesses. The data reveal that woman-owned companies are underrepresented in Title II equity crowdfunding to an even greater extent than they are underrepresented in angel and venture capital (VC) investments. The results of this study also highlight the importance of examining the role of gender in equity crowdfunding across different countries.
Details
Keywords
Stanislav Mamonov and Richard Peterson
The purpose of this paper is to review and integrate cross-disciplinary research on the role of information technology (IT) on innovation published in the past 10 years.
Abstract
Purpose
The purpose of this paper is to review and integrate cross-disciplinary research on the role of information technology (IT) on innovation published in the past 10 years.
Design/methodology/approach
The study follows the recommendations for systematic integrative literature review. The authors focus on the manuscripts published in the period between 2009 and 2018 in the top 8 Information Systems journals. Further, the authors specifically focus on the studies conducted at the individual and/or group level of analysis.
Findings
First, the authors find that there has been relatively little research published focusing on the role of IT in innovation at the individual and/or group level of analysis. Among the published studies the authors find equivocal insights on the role of IT in innovation. While IT can support innovation, it can also cause technostress and become an impeding element by institutionalizing established organizational practices.
Originality/value
Despite the importance of the topic, there has been little research on the role of IT in supporting innovation published in the small-and medium-size enterprise development journals. Through cross-disciplinary integration, the authors’ provide a foundation for future research on the topic.
Details
Keywords
Stanislav Mamonov and Raquel Benbunan-Fich
This study examines the factorial structure of salient user beliefs associated with smart locks. We also examine the predictive value of the identified constructs on the smart…
Abstract
Purpose
This study examines the factorial structure of salient user beliefs associated with smart locks. We also examine the predictive value of the identified constructs on the smart lock adoption intention and we evaluate gender differences in the predictive value of the identified constructs.
Design/methodology/approach
The study assumes pragmatic epistemological stance and it leverages mixed-methods research design. The research progresses through three stages: belief elicitation, exploratory factor analysis and confirmatory factor analysis within a nomological network. New groups of participants were recruited for each stage of the study.
Findings
We find that while potential adopters express a broad range of perceived benefits and concerns associated with smart locks, only the perceived relative advantage of smart locks vis-à-vis conventional locks in providing safety and security is significantly correlated with adoption intention for both genders. We also find that perceived novel benefits are a significant predictor of the smart lock adoption intention for women, but not for men.
Research limitations/implications
Our results indicate that perceived relative advantage can be the singular critical consideration in the adoption of smart home technologies that replace incumbent solutions. The results also demonstrate that gender-specific models can better capture gender effects that influence technology adoption and use.
Practical implications
Smart home technology vendors would need to convince prospective users that new technology is better than the incumbent solutions on the core affordances of the incumbent technology. Men and women differ in the consideration of novel benefits afforded by novel technologies.
Originality/value
This is among the first studies to examine salient beliefs that affect smart home technology adoption. The findings suggest that the traditional models (TAM, UTAUT) do not capture the key salient beliefs that can influence innovative smart home technology adoption. The study also suggests that gendered models are needed to understand technology adoption in contexts where technology adoption intersects with gender roles.