Corporate Crowdfunding: Does Being Part of a University Affect a Platform's Operations?

Ingram, Claire; Vaast, Emmanuelle; Teigland, Robin

doi:10.1109/hicss.2016.572

Cited by 3 publications

(8 citation statements)

References 39 publications

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“…Prior studies showed that donation and reward-based crowdfunding had been used to raise fund for educational campaigns or initiatives, ranging from operational expenses, research, scholarship, student-proposed project, and tuition fees (Ingram et al, 2016;Siva, 2014). Ingram et al (2016) conducted a case study of CrowdUni, a donation-based crowdfunding platform housed within a large North American research university, to get a comprehensive idea about university crowdfunding platform. They observed that CrowdUni aims to raise small fund for projects affiliated with the university and engages young alumni in the goings-on in the university by making small donations via CrowdUni.…”

Section: Education and Crowdfundingmentioning

confidence: 99%

Analysing Educational Campaign’s Outcome in Donation-Based Crowdfunding: Social Capital as a Determinant Factor

Sabarudin

Alma’amun

Ahmad

2021

IJBS

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A new financing alternative, known as crowdfunding, has expanded rapidly. Not all crowdfunding projects or campaigns can successfully reach the desired funding amount. Many studies have shown that social capital is a determinant of crowdfunding success, and some of it could be applied to the education domain. This study investigates the influence of the multidimensional social capital on the donation-based crowdfunding within the scope of educational campaigns belonging to higher education institutions students. This study uses the primary data extracted from the Skolafund crowdfunding site, a specialised third-party platform for higher education. This study, using the theory of multidimensional social capital as the theoretical foundation, develops a logit model linking all three social capital dimensions. The findings imply that only two social capital dimensions, namely structural and relational, are significant factors influencing the crowdfunding success likelihood. This study also finds that campaigns with lower funding targets are more likely to succeed. The practical implications of this study suggest the students should leverage their social capital to increase the fundraising amount. Higher education institutions also should consider to set up their crowdfunding platforms quickly or encourage students to utilise a third-party platform, such as Skolafund.

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Section: Education and Crowdfundingmentioning

confidence: 99%

Analysing Educational Campaign’s Outcome in Donation-Based Crowdfunding: Social Capital as a Determinant Factor

Sabarudin

Alma’amun

Ahmad

2021

IJBS

View full text Add to dashboard Cite

show abstract

“…In terms of the crowdfunding model, previous studies mention that universities have begun to engage with a donation and reward-based crowdfunding (Ingram et al, 2016;Siva, 2014). Several universities have taken the initiative to start their own platforms.…”

Section: Crowdfunding and Universitiesmentioning

confidence: 99%

“…Several issues are raised in their studies. Firstly, even though the CrowdUni governance structure shows that it is part of the University's Alumni and Development Office, Ingram, Vaast and Teigland, (2016) still believe there is an absence of a clear relationship between the crowdfunding platform and the university. They are not sure whether CrowdUni is autonomous or part of an existing unit within the university due to unclear information from the CrowdUni link on the website.…”

Section: Crowdfunding and Universitiesmentioning

confidence: 99%

“…These issues are very much related to transparency and trust. Ingram et al (2016) mention control and screening procedures have been in place to tackle these issues. Siva (2014) gives one of the screening procedure examples in the case of crowdfunding for science or medicine research in which some form of peer review is a requirement before the proposal is approved.…”

Section: Crowdfunding and Universitiesmentioning

confidence: 99%

“…Past studies have examined university crowdfunding models such as CrowdUni (Ingram et al, 2016), a crowdfunding platform offering tuition loans to university students such as Comunitae.com (Llorente & Morant, 2015), and a crowdfunding platform used by university researchers such as #SciFund (Siva, 2014). Unfortunately, universities are still not clear on the direction when they decide to use crowdfunding.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

From Government Funding to Crowdfunding: Identifying Approaches and Models for Universities

Alma’amun¹,

Kamarudin²,

Rozali³

et al. 2021

revistageintec

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Malaysian public universities are bracing for funding cuts and moving towards autonomous status causing them to be more innovative in generating income. Crowdfunding has been part of the solutions. Unfortunately, the emerging of university crowdfunding platforms in Malaysia is relatively slow as compared to the universities in the U.K. and U.S. This study aims to explore approaches and crowdfunding models used by the universities. This study highlights different approaches used by the universities in incorporating crowdfunding into their funding strategies, which can be differentiated into two main groups, namely setting up a university-operated crowdfunding platform and using existing third-party platforms. The investigation on the Skolafund crowdfunding shows that it could be an example of which the crowdfunding model fits Malaysian universities. The findings in this paper can help the universities to ease the burden due to the budget cut impact by utilising crowdfunding.

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Exploring the Implementation of Fintech Through Crowdfunding and an Appropriate Crowdfunding Model for Student Entrepreneurs

Abdullah

Mukhtar

Abdullah

et al. 2023

Industry Forward and Technology Transformation in Business and Entrepreneurship

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Corporate Crowdfunding: Does Being Part of a University Affect a Platform's Operations?

Cited by 3 publications

References 39 publications

Analysing Educational Campaign’s Outcome in Donation-Based Crowdfunding: Social Capital as a Determinant Factor

Analysing Educational Campaign’s Outcome in Donation-Based Crowdfunding: Social Capital as a Determinant Factor

From Government Funding to Crowdfunding: Identifying Approaches and Models for Universities

Exploring the Implementation of Fintech Through Crowdfunding and an Appropriate Crowdfunding Model for Student Entrepreneurs

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