The Effect of Crowdfunding Methods and Processes on Entrepreneurship Freedom of Innovation and Value of Creation: A Study in Business Incubators in Jordan

Authors

  • Hanadi Salameh Al-Ahliyya Amman University Amman
  • Enad Quandah Al-Ahliyya Amman University Amman,
  • Dr. Hanadi

DOI:

https://doi.org/10.24203/ajbm.v6i4.5347

Keywords:

Crowdfunding, Entrepreneurship, Freedom of Innovation, Startup Business

Abstract

This research investigates the effect of crowdfunding on entrepreneurship. The population of the study includes Jordanian entrepreneurs, (200) questionnaires were distributed among 200 Jordanian entrepreneurs; the (200) questionnaires were all collected. The researcher used the quantitative research methods in the form of simple liner regression and multi regression. The study confirms that there is a positive impact of crowdfunding on entrepreneurship in general as well as entrepreneurs’ freedom of innovation and value of creation. In addition, it was realized that out of the four investigated crowdfunding methods:  reward, pre-purchasing, donation, equity and lending, the pre-purchasing method has the most positive influence on entrepreneurship freedom of innovation and value of creation. On the other hand, reward, equity, and lending did not contribute any significant effect on entrepreneurship’s value of creation and freedom of innovation compared to the latter two. Furthermore, both crowdfunding processes of all-or- nothing and keep-it-all have significant effect on entrepreneurship with the latter process having a more significant effect than the former.  This study confirmed the positive effect of crowdfunding methods and processes on Jordanian entrepreneurship in term of value of creation and freedom of innovation.

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Published

2018-08-17

How to Cite

Salameh, H., Quandah, E., & Hanadi, D. (2018). The Effect of Crowdfunding Methods and Processes on Entrepreneurship Freedom of Innovation and Value of Creation: A Study in Business Incubators in Jordan. Asian Journal of Business and Management, 6(4). https://doi.org/10.24203/ajbm.v6i4.5347

Issue

Vol. 6 No. 4 (2018): August 2018

Section

Articles

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