Funding Innovation in Poland through Crowdfunding

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 ra...

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Main Author: Katarzyna Kozioł-Nadolna
Format: Article
Language:English
Published: Cognitione Foundation for the Dissemination of Knowledge and Science 2016-01-01
Series:Journal of Entrepreneurship, Management and Innovation
Subjects:
Online Access: http://jemi.edu.pl/uploadedFiles/file/all-issues/vol12/issue3/JEMI_Vol12_Issue3_2016_Article1.pdf
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author Katarzyna Kozioł-Nadolna
author_facet Katarzyna Kozioł-Nadolna
author_sort Katarzyna Kozioł-Nadolna
collection DOAJ
description 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.
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institution Kabale University
issn 2299-7326
language English
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publisher Cognitione Foundation for the Dissemination of Knowledge and Science
record_format Article
series Journal of Entrepreneurship, Management and Innovation
spelling doaj-art-6326f5afe19b460eb1331e0286b894a62025-01-02T22:26:37ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262016-01-0112372910.7341/20161231Funding Innovation in Poland through CrowdfundingKatarzyna Kozioł-Nadolna0 University of Szczecin, Faculty of Economics and Management 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. http://jemi.edu.pl/uploadedFiles/file/all-issues/vol12/issue3/JEMI_Vol12_Issue3_2016_Article1.pdf innovationcrowdfundingfunding innovationPoland
spellingShingle Katarzyna Kozioł-Nadolna
Funding Innovation in Poland through Crowdfunding
Journal of Entrepreneurship, Management and Innovation
innovation
crowdfunding
funding innovation
Poland
title Funding Innovation in Poland through Crowdfunding
title_full Funding Innovation in Poland through Crowdfunding
title_fullStr Funding Innovation in Poland through Crowdfunding
title_full_unstemmed Funding Innovation in Poland through Crowdfunding
title_short Funding Innovation in Poland through Crowdfunding
title_sort funding innovation in poland through crowdfunding
topic innovation
crowdfunding
funding innovation
Poland
url http://jemi.edu.pl/uploadedFiles/file/all-issues/vol12/issue3/JEMI_Vol12_Issue3_2016_Article1.pdf
work_keys_str_mv AT katarzynakoziołnadolna fundinginnovationinpolandthroughcrowdfunding