Crowdfunding Platform as an Open Innovation Model: The Importance of Effective Platform Governance
Oktalia Juwita,
R. Rizal Isnanto,
Agung B. Prasetijo
et al.
Abstract:Crowdfunding Platform (CFP) is another financing model that is different from the traditional financial institutions. CFP serves not only as a fundraising tool but also as a source of knowledge. CFP has several forms, namely equity-based, lending-based, reward-based, and donation-based. These forms of CFP divided into two classes, investment-based and non-investment-based. CFP is one form of platform Open Innovation (OI), where multiple stakeholders are involved in a funded project. OI refers to the collaborat… Show more
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