Generell

Risk and innovation balance in crowdfunding new products

Song, C.,
Luo, J.,
Hoelttae-Otto, K.,
Seering, W.
International Conference on Engineering Design 2015 (ICED 2015), At Bovisa campus, Politecnico di Milano, Milan, Italy

This paper explores innovation versus risk for small companies using crowdfunding products as a proxy for analysis. A database with 127 consumer electronics, namely 3D printers and smart watches, are collected from Kickstarter and Indiegogo. The metric of Real-Win-Worth is adapted to provide a well-rounded assessment of the product’s innovation, risk and other related business and engineering aspects. Our result suggests a preliminary framework of innovation and risk balance for crowdfunding NPD success. A statistical model is developed to correlate the amount of crowdfunding raised with 64% predictability. These results may contribute to better understand and balance risk and innovation in crowdfunding and small company contexts.

2015
USA and Singapore
Conference paper
Generell

The Kickstarter Handbook: Real-Life Success Stories of Artists, Inventors, and Entrepreneurs

Steinberg, D.
Philadelphia
ISBN 9781594746086

In The Kickstarter Handbook, business writer Don Steinberg interviews dozens of people who have raised at least $100,000 on Kickstarter. You'll learn all the strategies of an effective Kickstarter campaign. You'll learn the perils and pitfalls that have dashed many a dream. And you'll learn what to do in the event of a best-case scenario - when your product goes viral and suddenly the cash starts flowing in.

2012
USA and Singapore
Book single
Festival/arrangør

The Rise and Fall of Festivals. Reflections on the Salzburg Festival

FREY, B.
The paper takes a closer look at cultural festivals such as musical or operatic festivals. From an economic viewpoint the paper shows that such festivals offer great artistic and economic opportunities, but that at the same time these opportunities are also easy to destroy. Empirical evidence from the Salzburg Festival show that government support can have negative effects on the innovative and economically success of festivals by introducing distorting incentives and imposing all sorts of restrictions. The paper draws policy suggestions on how the state can support art festivals.
2000
Østerrike
Working Paper
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