“Crowdfunding” is an emergent method of financing entrepreneurial projects through relatively small donations from a large and often geographically dispersed group of individual stakeholders, collectively referred to as a “Crowd”. Reward-based crowdfunding specifically incentivizes contribution by offering non-pecuniary rewards in exchange for financial support, usually in the form of product preorders. “Crowdsourcing” refers to the mobilization of members of the general public to voluntarily perform tasks such as problem solving, evaluation, or creative thinking. This paper investigates the convergence of crowdsourcing and reward-based crowdfunding in design-driven projects. The aim of such a convergence is to affect a collaborative or co-design process between designers and crowds, enabling selfselected user-stakeholders to participate in the development of projects by leveraging both their finances and collective intelligence. The paper discusses the current state of participatory practice in crowdfunding via examples of design projects that have integrated participatory elements into their fundraising campaigns. The results provide a basis of current standards in participatory crowdfunding and point towards future work in understanding, evaluating, and implementing systems that facilitate crowd collaboration.

Enabling User Stakeholders: Crowdsourcing in Crowdfunded Design Projects / Pape, Michael; Imbesi, Lorenzo. - In: THE INTERNATIONAL JOURNAL OF DESIGN MANAGEMENT AND PROFESSIONAL PRACTICE. - ISSN 2325-162X. - STAMPA. - 9:1(2014), pp. 2-8. [10.18848/2325-162X/CGP]

Enabling User Stakeholders: Crowdsourcing in Crowdfunded Design Projects

Lorenzo Imbesi
2014

Abstract

“Crowdfunding” is an emergent method of financing entrepreneurial projects through relatively small donations from a large and often geographically dispersed group of individual stakeholders, collectively referred to as a “Crowd”. Reward-based crowdfunding specifically incentivizes contribution by offering non-pecuniary rewards in exchange for financial support, usually in the form of product preorders. “Crowdsourcing” refers to the mobilization of members of the general public to voluntarily perform tasks such as problem solving, evaluation, or creative thinking. This paper investigates the convergence of crowdsourcing and reward-based crowdfunding in design-driven projects. The aim of such a convergence is to affect a collaborative or co-design process between designers and crowds, enabling selfselected user-stakeholders to participate in the development of projects by leveraging both their finances and collective intelligence. The paper discusses the current state of participatory practice in crowdfunding via examples of design projects that have integrated participatory elements into their fundraising campaigns. The results provide a basis of current standards in participatory crowdfunding and point towards future work in understanding, evaluating, and implementing systems that facilitate crowd collaboration.
2014
crowdfunding; crowdsourcing; co-design
01 Pubblicazione su rivista::01a Articolo in rivista
Enabling User Stakeholders: Crowdsourcing in Crowdfunded Design Projects / Pape, Michael; Imbesi, Lorenzo. - In: THE INTERNATIONAL JOURNAL OF DESIGN MANAGEMENT AND PROFESSIONAL PRACTICE. - ISSN 2325-162X. - STAMPA. - 9:1(2014), pp. 2-8. [10.18848/2325-162X/CGP]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/1144645
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