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dc.contributor.authorLasrado, L.
dc.contributor.authorLugmayr, Artur
dc.date.accessioned2017-01-30T11:37:02Z
dc.date.available2017-01-30T11:37:02Z
dc.date.created2015-10-29T04:09:06Z
dc.date.issued2013
dc.identifier.citationLasrado, L. and Lugmayr, A. 2013. Crowdfunding in Finland - A new alternative disruptive funding instrument for businesses. Proceedings of the 17th International Academic MindTrek Conference: "Making Sense of Converging Media", MindTrek 2013, pp. 194-201.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/13439
dc.description.abstract

The phenomenon of the crowd on the Internet is widely well known, as well as its collaborative power. Companies use the power of the crowd to improve their products, for marketing campaigns, or co-create their products in collaboration with the consumer. Recently a new phenomenon emerged - crowdfunding (CF). Platforms such as Kickstarter assist to raise funds for various projects. In Finland very successful ventures, such as e.g. Timo Vuorensola's campaigns for the new movie Iron Sky demonstrated the possibilities. Within the scope of this research work we elaborate the power of crowdfunding, and particularly explore its possibilities in the Finnish context. We conducted a qualitative study based on interviews to explore crowdfunding as alternative mechanism to existing fundraising mechanism, pinpoint to legal pitfalls, risks, and benefits for entrepreneurs. The study rounds up with a thorough discussion how crowdfunding can be a disruption for traditional financing mechanisms in Finland. Copyright © 2013 ACM.

dc.titleCrowdfunding in Finland - A new alternative disruptive funding instrument for businesses
dc.typeConference Paper
dcterms.source.startPage194
dcterms.source.endPage201
dcterms.source.titleProceedings of the 17th International Academic MindTrek Conference: "Making Sense of Converging Media", MindTrek 2013
dcterms.source.seriesProceedings of the 17th International Academic MindTrek Conference: "Making Sense of Converging Media", MindTrek 2013
dcterms.source.isbn9781450319928
curtin.departmentDepartment of Film and Television
curtin.accessStatusFulltext not available


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