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Civic crowdfunding research: challenges, opportunities, and future agenda

Stiver, Alexandra; Barroca, Leonor; Minocha, Shailey; Richards, Mike and Roberts, Dave (2015). Civic crowdfunding research: challenges, opportunities, and future agenda. New Media & Society, 17(2) pp. 249–271.

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DOI (Digital Object Identifier) Link: https://doi.org/10.1177/1461444814558914
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Abstract

Civic crowdfunding is a sub-type of crowdfunding through which citizens, in collaboration with government, fund projects providing a community service. Although in the early stages of development, civic crowdfunding is a promising area for both research and application due to its potential impact on citizen engagement, as well as its influence on the success of a wide range of civic projects ranging from physical structures to amenities and local services. However, the field remains under-addressed in academic research and underdeveloped in terms of the number of civic projects posted to crowdfunding platforms. Acknowledging these issues, we outline the history of civic crowdfunding and describe the current landscape, focusing on online crowdfunding platforms established specifically for the funding of civic projects (Citizinvestor, ioby, Neighbor.ly, Spacehive). The challenges and the opportunities of civic crowdfunding are examined, and its distinguishing characteristics are outlined, including a consideration of the impact of social media and platform features. We then propose a research agenda to help shape the future of this emergent field.

Item Type: Journal Item
Copyright Holders: 2014 The Authors
ISSN: 1461-7315
Extra Information: 23 pp.
Keywords: civic crowdfunding; online community; social media
Academic Unit/School: Faculty of Science, Technology, Engineering and Mathematics (STEM) > Computing and Communications
Faculty of Science, Technology, Engineering and Mathematics (STEM)
Research Group: Centre for Research in Computing (CRC)
Item ID: 41478
Depositing User: Alexandra Stiver
Date Deposited: 08 Dec 2014 09:50
Last Modified: 02 May 2018 14:04
URI: http://oro.open.ac.uk/id/eprint/41478
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