Funding from the crowd: An internet-based crowdfunding platform to support business set-ups from universities
Journal
International Journal of Cooperative Information Systems (IJCIS)
ISSN
0218-8430
ISSN-Digital
1793-6365
Type
journal article
Date Issued
2013-09
Author(s)
Research Team
IWI6
Abstract
This research-in-progress paper presents a research project that aims at developing, piloting and evaluating a crowdfunding platform to support financing for start-ups emerging from university. Currently, universities' own financial resources to support setting up businesses from universities are limited. Universities' business foundation consultancy can often only intermediate between entrepreneurs on the one side and restricted funding programs or few investors on the other side. A crowdfunding platform enables many individuals of the (university) crowd to support promising business ideas with little investments cumulating to a greater sum in total. Thus, it has the potential to extend universities' opportunities to support entrepreneurs. In addition, tasks like idea communication, idea evaluation and investment decisions can be outsourced to the crowd. The idea, research setting, first results and a future outlook of this research project are discussed in this paper.
Language
English
Keywords
Crowdfunding
entrepreneurship
start-ups; CCC
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
World Scientific
Publisher place
New Jersey [u.a.]
Volume
22
Number
3
Start page
1
End page
12
Pages
12
Subject(s)
Division(s)
Eprints ID
226197
File(s)![Thumbnail Image]()
open.access
Name
JML_438.pdf
Size
258.59 KB
Format
Adobe PDF
Checksum (MD5)
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