Crowdfunding: Outlining the New Era of Fundraising

Michael M. Gierczak (), Ulrich Bretschneider, Philipp Haas, Ivo Blohm and Jan Marco Leimeister
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Michael M. Gierczak: Kassel University
Ulrich Bretschneider: Kassel University
Philipp Haas: University of St. Gallen
Ivo Blohm: University of St. Gallen
Jan Marco Leimeister: Kassel University

A chapter in Crowdfunding in Europe, 2016, pp 7-23 from Springer

Abstract: Abstract Crowdfunding is increasingly gaining attention in theory and practice. Various platforms have emerged, offering entrepreneurs and project owners the possibility to raise money from an undefined group of online users (“crowd”). In this article we aim to provide a deeper understanding of the rise of crowdfunding as an alternative funding opportunity by discussing its main characteristics, the market development, different classification approaches, its fields of application and by providing directions for future research.

Keywords: Crowdfunding; Crowdinvesting; Crowdsourcing; Crowdfunding types; Crowdfunding platforms (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/978-3-319-18017-5_2

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