Crowdfunding in the cultural industries

Anders Rykkja*, Natalia Mæhle, Ziaul Haque Munim, Rotem Shneor

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter

14 Citations (Scopus)
7 Downloads (Pure)

Abstract

Cultural production has stood at the forefront of crowdfunding adoption representing some of the first crowdfunding campaigns on record. This development emerged as part of comprehensive value chain reconfigurations in the cultural sector, which were triggered by the advent of digitalization on the one hand and the downsizing in public funds on the other. As a result, the emerging phenomenon here labelled as ‘cultural crowdfunding’ (CCF) has captured the imagination of researchers and practitioners. The study of CCF is of high relevance, as it presses creators to strike a balance between the commercial and the non-commercial, the economic and the cultural outcomes, as well as the authentic and independent versus the mass dictated and dependent. In this chapter we review earlier research on CCF and identify core themes and key studies representing such themes. Later, we outline an agenda for future research, while also suggesting some implications for practice.

Original languageEnglish
Title of host publicationAdvances in crowdfunding: research and practice
EditorsRotem Shneor, Liang Zhao, Bjørn Tore Flåten
Place of PublicationCham
PublisherPalgrave Macmillan
Chapter18
Pages423-440
Number of pages18
ISBN (Electronic)9783030463090
ISBN (Print)9783030463083
DOIs
Publication statusPublished - 12 Aug 2020
Externally publishedYes

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