Journal Press India^®

Author Details ( * ) denotes Corresponding author

Crowdfunding is a new financial phenomenon that solicits contributions from online communities and social networks for a cause and concern. It has emerged as one of the agile, angel and algorithm driven investment vehicle for investors, kick starters, entrepreneurs and businesses. The constituents inter alia include the lead investors; backers; entrepreneurs; platforms such as syndicates and policy makers. This article is to explore the ways in which our evolving and reconfigured conceptions and experiences of crowds, clouds, and community are challenging the communication discipline, from our theoretical approaches to the ways we engage in our research, our profession, and ICA itself and offer suggestions for Nex-Gen Entrepreneurs and Kick Starters. In dictum, the future, progress and prosperity of crowdfunding rely on the ignited interests, innovative ideas, and inspiring involvement of Gen-Z entrepreneurs, intrapreneurs, investors, and policy makers.

Keywords

Crowdfunding; Investment; Start-up; DIPP

1. Agarwal, A., Catalini, C. & Goldfarb, A., (2016). Are syndicates the killer app of equity Crowdfunding. Journal of University of California, Berkeley, 58(2), 111-124.
2. Aitamurto, T. (2011). The impact of crowd-funding on journalism. Journalism Practice, 5(XI), 29-45.
3. Daly, A. (2018). The crowdsources: get smart, get funded, and kickstart your next big idea, perseus books, 1^st Edition, New York, USA.
4. Arora, R. (2008). Price bundling and framing strategies for complementary products. Journal of Product & Brand Management, 17(7), 475-484.
5. Belleflamme, T. L., & Schwienbacher, A. (2012). Crowdfunding: Tapping the right crowd. Journal of Business Venturing, xxx, 1-25. Retrieved from https://perso.uclouvain.be/paul.belleflamme/papers/JBV2013.pdf
6. Benkler, Y. (2006). The wealth of networks: How social production transformed markets and freedom. New Haven, CT: Yale University Press.
7. Bennett, W. L., & Segerberg, A. (2012). The logic of connective action: Digital media and the personalization of contentious politics. Information, Communication & Society, 15(5), 739-768.
8. Chen, T. (2011). Life in the digital cloud. IEE Network. Retrieved from ieeexplore.ieee.org/stamp/stampCumming.
9. Cosh, A., Cumming, D., & Hughes, A. (2009). Outside entrepreneurial capital. Economic Journal, 119(540), 1494-1533.
10. Cumming, D. J., Leboeuf, G., & Schwienbacher, A. (2014). Crowdfunding models: Keep it-all vs. all-or-nothing. EURO FIDAI-AFFI Paper, Paris. Retrieved from https://www.eurofidai.org/Schwienbacher_2014.pdf
11. Gillette, D.C. (2018). Crowdfunding scenarios explained: If, how, and when to tax money from Crowdfunding. New York, USA: Morgan James Publishing.
12. Cumming, D. & Hornuf, L. (2018). The economics of Crowdfunding: Startups, portals and investor behaviour. Munich, Germany: Palgrave Macmillan.
13. Dushnistsky, G., EvilaPiva, M. & Rossi-Lanastra, C. (2016). Crowdfunding in Europe: Determinants of platform creation across countries. Journal of University of California, Berkeley, 58(2), 44-71.
14. Estelles-Arolas, E., & de-Guevara, F. G. L. (2012). Towards an integrated crowdsourcing definition. Journal of Information Science, XX(X), 1-14.
15. Gulliarati, R. (1988 Aug 21). Australian dealmaker : John Cornell, The man who sold hollywood on ‘Crocodile Dondee. New York Times, p. 11.
16. Hammon, L. & Hippner, H. (2012). Crowdsourcing as a practice-driven phenomenon. Wirtschaftsinf, 54(3), 165-168
17. Kleemann, F.G., Voss, G., & Rieder, K. (2008). Un(der)paid innovators: The commercial utilization of consumer work through crowdsourcing. Science, Technology & Innovation Studies, 4(1), 5-26.
18. Kshetri, N. (2015). Success of crowd-based online technology in fundraising: An institutional perspective. Journal of International Management, Elsevier, 21(2), 100-116.
19. Epstein, M. J. (2017). Crowdfunding basics in 30 minutes: How to use Kickstarter, Indiegogo, and other Crowdfunding platforms to support your entrepreneurial and creative dreams, 1^st Edition. Philippines: i3D Publications.
20. Mollick, E. & Robb, A. (2016). Democratizing innovation and capital access: The role of Crowdfunding. University of California Press 58(2), 72-87.
21. Mollick, E. (2014). The dynamics of Crowdfunding: An exploratory study. Journal of Business Venturing, 29(1), 1-16.
22. Naidu, T. A. (2018, Oct 26). Crowdfunding weddings as an art. The Hindu, p. 1.
23. PCQ Bureau (Dec, 18- 2017). KPMG Cyber Crime Survey Report.
24. Rubinton, B. J. (2011). Crowdfunding: Disintermediated investment banking. McGill University. SSRN 1807204.
25. Briggman, S. (2018). Equity Crowdfunding explained. Create Space Independent Publishing Platform, USA.
26. Schwienbacher, A., & Larralde, B. (2010). Crowdfunding of small entrepreneurial Ventures\Handbook of entrepreneurial finance. UK: Oxford University Press.
27. Wexler, M. N. (2011). Reconfiguring the sociology of the crowd: Exploring crowdsourcing. International Journal of Sociology and Social Policy, 31(2), 6-20.