Crowdfunding

Definition

Crowdfunding is an innovative strategy for financing a new business venture from the general public instead of seeking funds in traditional ways, such as issuing bonds or bank lending. This study aims to identify the determinants affecting the success of a crowdfunding campaign and how different measurements for crowdfunding success, different crowdfunding models, and the selection of subdivided determinants influence the determinants’ impacts on crowdfunding success.​

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KIVA

Kiva uses crowdfunded microloans as a force for good, creating a space where people can have a one-to-one impact, and together, expand financial access for all.​ The community has funded over $1.6 billion in loans.

Reference

Crowdfunding Platforms​

Crowdfunding platforms​: Entrepreneurs: Indiegogo https://www.indiegogo.com/​ Startups: SeedInvest https://www.seedinvest.com/​ Technology: Mightycause https://www.mightycause.com/​ Investing: StartEngine https://www.startengine.com/​ Individuals: GoFundMe https://www.gofundme.com​ Creative Professionals: Patreon https://www.patreon.com/​

How Do We Study Crowdfunding? an Overview of Methods and Introduction to the New Research Agenda​

Crowdfunding is a global phenomenon of rising significance and impact on different areas of business and social life, investigated across many academic disciplines. The goal of the article is to present the variety of methods applied in crowdfunding research, assess their strengths and weaknesses, offer the typology of methodological approaches, and suggest the most promising direction for further studies.

Methodology

Motivations for Participation in a Crowdsourcing Application to Improve Public Engagement in Transit Planning​

Governments increasingly turn to the Internet to aid in transparency, accountability, and public participation activities, and there is growing interest in innovative online problem-solving models to serve the public good. One such model, the crowdsourcing model, leverages the collective intelligence of online communities for specific purposes. Understanding how and why people participate in these kinds of activities is important for developing better new media tools for the public good going forward.