Is it more than allocating funds? Exploring the effect of enterprise crowdfunding on employee engagement Benz, Carina 2021-12-24T18:23:49Z 2021-12-24T18:23:49Z 2022-01-04
dc.description.abstract Enterprise crowdfunding (ECF) has evolved as a novel form to foster innovation and collaboration inside organizations. Research has so far focused on functional aspects related to the introduction of the crowdfunding mechanisms in enterprises (e.g., proposal characteristics or decision-making styles) leaving socio-economic effects on the organization and workforce unexplored. This work investigates the relationship between enterprise crowdfunding and the engagement of participating employees. By conducting an online survey with 321 employees of a multi-national manufacturing and electronics corporation, we find increased levels of employee engagement contingent upon participation in enterprise crowdfunding. These findings contribute to the understanding of effects related to the introduction of crowd-innovation platforms and enterprise social systems. From a practical perspective, they may foster the spread of enterprise crowdfunding as a tool being recognized to promote both, crowd-based innovation and employee engagement.
dc.format.extent 10 pages
dc.identifier.doi 10.24251/HICSS.2022.843
dc.identifier.isbn 978-0-9981331-5-7
dc.language.iso eng
dc.relation.ispartof Proceedings of the 55th Hawaii International Conference on System Sciences
dc.rights Attribution-NonCommercial-NoDerivatives 4.0 International
dc.subject Socio-technical Issues in Organizational Information Technologies
dc.subject crowd-innovation platform
dc.subject employee engagement
dc.subject enterprise crowdfunding
dc.subject internal innovation community
dc.title Is it more than allocating funds? Exploring the effect of enterprise crowdfunding on employee engagement
dc.type.dcmi text
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