Funding Innovation in Poland through Crowdfunding
Journal Title: Journal of Entrepreneurship, Management and Innovation - Year 2016, Vol 12, Issue 3
Abstract
Funding innovative projects is one of the most serious problems faced by business owners in Poland. Therefore, due to the difficulties of obtaining external sources of financing, crowdfunding may constitute a new source of fundraising for innovative ventures. Therefore, crowdfunding – as a way of raising capital for projects – is the subject of the discussion in this article. The research aim of the article is to identify and evaluate crowdfunding platforms as well as the innovative projects carried out by these platforms in Poland in 2014-2016. The first part characterizes crowdfunding as a source of funding innovation and presents the nature of crowdfunding, its characteristics and models. The empirical part is based on inductive-deductive inference, desk research, i.e. the analysis of crowdfunding market in Poland in two research periods and a case study analysis. The article shows the results of the research on the Polish crowdfunding market in 2014-2016. The author also presents a case study of funding innovation on the Kickstarter.com platform by a Polish company Sher.ly.
Authors and Affiliations
Katarzyna Kozioł-Nadolna
Book Review: Directions of Development of Public Administration in Poland
Reflections on the sidelines of the book by Daniel Rzeczkowski (2014), Potencjał Innowacyjności Sektora Administracji Publicznej [Innovative Potential of the Public Administration Sector]. Warsaw: Wydawnictwo Naukowe PWN...
Interaction for Innovation : Comparing Norwegian Regions
Building upon insights from earlier investigations of innovation collaboration from a regional perspective as well as the triple helix perspective, local/regional innovation systems and open innovation approaches, this s...
Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice
The aim of the presented paper is to identify the significance of selected determinants of the competitiveness of small, innovative enterprises operating in international markets that use business advice. The achievement...
Partner Capabilities and Alliance Time Frame: An Analysis of International Strategic Alliances from the CEE
Partner selecton is one of the most discussed issues in strategic alliances literature. However, the majority of research has typically focused on generic partner characteristcs and presented conceptual models for allian...
Innovation in the Era of Experience: The Changing Role of Users in Healthcare Innovation
This article provides an extensive literature review on the changing role of users in innovation, with a particular focus on the healthcare sector. Users have been specifically analyzed by many scholars worldwide due to...