Importance and Challenges of Crowdfunding

Crowdfunding
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Crowdfunding
Primary Sources
Gooch, D., Kelly, R. M., Stiver, A., van der Linden, J., Petre, M., Richards, M., ... & Walton, C. (2020). The benefits and challenges of using crowdfunding to facilitate community-led projects in the context of digital civics. International Journal of Human-Computer Studies, 134, 33-43.
The authors discuss the significance and challenges of crowdfunding in community-led projects, such as community empowerment and awareness. Assessment of the benefits and challenges of this innovation allows users to decide whether to use the technique or not.
The source was published in 2020, which makes it current to the topic of discussion. Being a peer-reviewed article, it has the authority and accuracy to discuss the concept of crowdsourcing with the public. Consequently, it serves its purpose of educating the public about the benefits and challenges of crowdfunding.
Lenart-Gansiniec, R., & Chen, J. (Eds.). (2021). Crowdfunding in the Public Sector: Theory and Best Practices. Springer Nature.
The authors talk about the increasing importance of crowdfunding not only to commercial organizations but also to the public sector. This financing source provides citizens with an alternative to vote with their dollars online and bring ideas into reality. In addition, according to the authors, it helps citizens have a meaningful contribution to their government.
The text was published in 2021, which makes it current to the topic of discussion. It mainly addresses the contribution of crowdfunding to the public, which is relevant to the topic of discussion. It was published by Springer Nature, which gives it the authority to talk about the topic.
Vassallo, W. (Ed.). (2016). Crowdfunding for sustainable entrepreneurship and innovation. IGI Global.
The text provides information on how the use of crowdfunding provides opportunities and benefits to the business systems. It explains the role of innovation in developing new business models without incurring significant losses, courtesy of crowdsourcing.
The text was published in 2016, which means that it presents current info...