#VSSER25 #session4
🎙️ Welcome to Revise and Resubmit — the podcast where breakthrough academic research gets a second shot at stardom 📚✨ and YOU get smarter in under 10 minutes.
Now lean in. Closer. A little closer.
💸 You're about to lend your ear to a story about lending money — but not in the way Wall Street does it. No suits. No skyscrapers. Just heart, words, and one big question: what really makes people give?
📄 Today's featured paper is titled:
👉 “Crowdfunding in a Prosocial Microlending Environment: Examining the Role of Intrinsic versus Extrinsic Cues”
🧠 Written by the powerhouse team of Allison, Davis, Short, and Webb, this gem was published in the Entrepreneurship Theory and Practice journal — part of the elite, prestigious FT50 list 🏆📈 — the academic Ivy League of journals, if you will.
👀 What did they find? That how entrepreneurs frame their crowdfunding pitches — not just what they say — dramatically changes the outcome.
You can pitch your loan request like a business deal... or a chance to make the world better.
And here’s the twist:
🌍 When entrepreneurs frame their ask as a chance to help others? Lenders respond with open hearts and open wallets.
💼 But if the pitch sounds like just another profit play? Crickets. 🦗
This research draws from over 36,000 entrepreneurs across 51 countries. It’s real data, real impact, and one big insight: People give more when their soul is stirred than when their wallet is teased.
So now we ask…
💡 In a world obsessed with ROI, are we underestimating the power of simply doing good?
🙏 Massive thanks to the brilliant authors — Allison, Davis, Short, and Webb — and to Sage Publishers for bringing this research to life in such a top-tier, FT50 journal.
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Reference
Allison, T. H., Davis, B. C., Short, J. C., & Webb, J. W. (2015). Crowdfunding in a Prosocial Microlending Environment: Examining the Role of Intrinsic versus Extrinsic Cues. Entrepreneurship Theory and Practice, 39(1), 53-73. https://doi.org/10.1111/etap.12108
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