|The study's focus is to quantify the overall economic impact upon the local area of Snowy Region (Australia) regarding several cultural events, as well as supplying basic understanding of the processes involved within the economical impact assessment. It differs from many other studies into the economic impacts of events in that the focus of attention is the small regional economy, with a focus on the sub-State regional economic impact, where both the events and the regional economy in which those are held are smaller than the usual cases found in most economical impact studies and with the added challenge of the lack of industrial interconnectivity (core to the input-output model).|
|The focus of the first conference, held in 2000, was on identifying and analyzing the existing research on events, and creating an event research agenda for the future. The conference attracted an excellent mix of event practitioners, government representatives and academics from Australia and overseas. At the end of the conference, there was a strongly supported motion to stage the conference every two years. The second conference is themed on Events and Place Making. And it examines the use of events to build communities and to brand destinations, as well as related themes of event management strategies, marketing, operations, human resources, volunteering and event research issues.|
This paper provides an investigation into crowdfunding, identifying how it may be appropriately adopted within the start-up equity-financing context so as to contribute to the aggregated pool of capital available to new (pre-commercial) ventures. An agency theoretical perspective is adopted to investigate the necessary agency-cost control mechanisms unique to emerging crowdfunding models. Given the relational character of the investment process, the venture capitalist’s perceptions of agency dynamics in the investor- investee relationship provide an appropriate lens for analysing the likely acceptance of crowdfunding in start-up financing. Data are drawn using a qualitative methodology (convergent interviews) with Australian venture capitalists that provide early stage financing. Results suggest that agency dynamics in crowdfunding models in start-up financing comprise a combination of investor specific factors, and ex-ante and ex-post investment factors.
|The EFFE Guide is the festival guidebook celebrating the label and award recipients. It contains both inspiring articles on festival life as well as essential details on each festival taking part in this platform. Inclusion in the EFFE Guide makes festivals' information easily accessible to audiences, colleagues in the arts, artists, performing arts companies, public authorities at all levels, sponsors and the media.|
|The book is a history of the European Festivals Association and was originally written to mark the 40th anniversary of its foundation in 1952. Various aspects of the history of the Association are discussed through the book.|
|Festivals provide easy and open access to cultural activities for most diverse audiences, attracting all kinds of people and thus promoting social inclusion. In the follow up book, the immense potential of festivals to move borders and remove barriers is shown. The book is an inspiring collection of articles, interviews and discussions; an insightful anthology of different festivals' itineraries, urban realities and cultural approaches to cities and their inhabitants; a compilation of the thoughts of seven festival directors about festivals' roles in our diverse societies. They shed light on festivals paving the way towards an intercultural society.|
|This book is an invaluable reference book about festivals, full of vivid personal anecdotes, thoughtful insights and inspirational, daring visions. In it, the European Festivals Association (EFA) has given the chair to renowned directors where each of them recalls their own invaluable experiences and each of them share the view that whatever their differences, all arts festivals must be there for art's sake concerning the challenges of artistic festival management and programming. These men and women evoke their experiences and the challenge of creating arts festival that enrich artistic expression. This book expresses the commitment of EFA to the passing on of knowledge and the primacy of artistic intentions.|
|Cultural Networking is an all time phenomenon, but in the last years the popularity of networking in the cultural sector has steadily increased. Networking is considered a modern way of working and of collaborating. Still it seems that cultural organizations struggle with the challenges which networks offer. The book is a critical reflection on the efficiency and challenges of networking in the cultural sector today. It reports back on the conference 'Cultural Networks at Work' organised by the European Festivals Association (EFA) and the International Society for the Performing Arts in Brussels in June 2007. It presents contributions of ten experts and experienced networkers in the cultural field as well as discussion excerpts concerning a broad range of issues raised during the conference on cultural networking. Next to highlighting the outcomes of the conference, EFA BOOKS 2 contributes to and stimulates further debates on cultural networking.|
|The significance of culture in the process of European integration, its innovative nature and its contribution to the re-invention of the "Soul for Europe" have been proven so many times that neither local, national or European politicians can ignore its relevance anymore. This book is about the achievements of and challenges facing culture from a European perspective. It is published on the occasion of the centenary of the birth of Denis de Rougemont, founder of European Festivals Association (EFA) and its first year-long president. It pays tribute to the intellectual and political heritage of this philosopher and ardent European federalist. The anthology features contributions from five valuable authors who write in light of de Rougemont's thinking on the notion of culture from historical, philosophical, political, cultural and sometimes very personal perspectives, drawing the line from immediate post-war integration to the meaning of culture today and its challenges in the future. Above all, this book re-confirms the key role and the immeasurable relevance of the arts, artistic expression, cultural networks such as the EFA and civil society engagement in the building of an open European civil society.|
This article compares two forms of crowdfunding: entrepreneurs solicit individuals either to pre-order the product or to advance a fixed amount of money in exchange for a share of future profits (or equity). In either case, it is assumed that “crowdfunders" enjoy “community benefits" that increase their utility. Using a unified model, it is showed that the entrepreneur prefers pre-ordering if the initial capital requirement is relatively small compared with market size and prefers profit sharing otherwise. These conclusions have implications for managerial decisions in the early development stage of firms, when the entrepreneur needs to build a community of individuals with whom he or she must interact. This study also offer extensions on the impact of quality uncertainty and information asymmetry.
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