In January, two new MBS Working Papers were published. Both papers originally originate from master’s theses and were edited accordingly for their publication as MBS Working Papers.
The paper entitled “Volunteering bei Sportveranstaltungen. Erfolgsfaktoren für die langfristige Bindung von freiwilligen Helfern an ein Event” by MBS alumna Sandra Keller and MBS professors Dr. Christian Schmidkonz and Dr. Barbara Scheck deals with the involvement of volunteers in the context of sporting events. Based on three central volunteering motives – utilitarian, affective and normative – the authors derive concrete success factors for the successful integration and retention of these central supporters along the volunteering process (before, during and after the event) and present them in a specially developed model. Thus, the working paper provides practical support for the professionalization of volunteering management at events and discusses possible starting points for further scientific research.
The full paper can be viewed here.
The second working paper by MBS alumna Lisha Du and MBS professors Dr. Florian Bartolomae and Dr. Eva Stumpfegger, in contrast, is situated in the area of equity crowdfunding. It is titled “What Factors are relevant for Success in UK Equity Crowdfunding?” and examines the impact of retained equity, business angels backing, grants, and intellectual property rights on the success of equity crowdfunding, which has been gaining more and more relevance as an alternative way for entrepreneurs to raise capital. By analyzing and evaluating the data set using three empirical methods – logistic, multiple linear, and negative binomial regression – the authors find that retained equity has a significantly negative impact on funding success. Support from business angels, on the other hand, can help entrepreneurs achieve a funding success. Grants and intellectual property rights are not (directly) relevant for funding success. Furthermore, the working paper concludes that the corona crisis does not cause structural changes in relevance of success factors.
The full research paper can be read here.