University of Twente Student Theses
How is the long-term growth of crowdfunding experienced by relevant stakeholders?
Bertani, Edgardo (2024) How is the long-term growth of crowdfunding experienced by relevant stakeholders?
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| Abstract: | This bachelor thesis discusses the long-term growth of crowdfunding as experienced by relevant stakeholders. Crowdfunding’s updated definition, proposed in this paper being: “an open call without standard financial intermediaries, mostly through the Internet, for the provision of financial resources either in form of donation or in exchange for monetary or non-monetary rewards to support mutually valued initiatives, by drawing on relatively small contributions from a relatively large number of individuals”. By evaluating the evolution of crowdfunding, its purpose, different types, actors, wider stakeholders and models, an updated definition was developed, in order to catch up to the rapidly- evolving industry. Having identified a knowledge gap in existing literature, an exploratory qualitative research approach was implemented in attempts to bridge this gap, with particular emphasis in the interactions within this dynamic ecosystem. By interviewing experts (n=11) with diverse perspectives, novel insights into the long-term sustainability and societal impacts of crowdfunding were uncovered, culminating into real-world advice relevant to initiators, funders, and platforms. This holistic perspective analyses the benefits, drawbacks, and opportunity costs associated with crowdfunding, avoiding biased recommendations by considering contextual factors and environmental influences that generally outweigh more broadly applicable advice. |
| Item Type: | Essay (Bachelor) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science |
| Programme: | International Business Administration BSc (50952) |
| Link to this item: | https://purl.utwente.nl/essays/99975 |
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