Community Crowd Funding for Civic-Infrastructure Projects in India - A Conceptual Model

Authors

  • Abhishek Sinha Assistant Professor, Vignana Jyothi Institute of Management, Hyderabad

DOI:

https://doi.org/10.33516/maj.v54i11.79-81p

Keywords:

No Keywords.

Abstract

This research conceptualizes funds raising for civic infrastructural projects in India where civic infrastructure crowdfunding is conspicuous by its absence.

If India wants to become a global powerhouse it is important to have state of the art infrastructure. The same cannot be achieved without public participation. Philanthropists from across the globe with "India Connect" must contribute to this idea.

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Published

2019-11-30

How to Cite

Sinha, A. (2019). Community Crowd Funding for Civic-Infrastructure Projects in India - A Conceptual Model. The Management Accountant Journal, 54(11), 79–81. https://doi.org/10.33516/maj.v54i11.79-81p

Issue

Section

Infrastructure

References

Asian Development Bank website

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Bain Consultancy Report on "Philanthropy Report India - 2017"

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Credit Suisse Wealth Report 2016

Davies, R., 2014. Civic crowdfunding: participatory communities, entrepreneurs and the political economy of place, BA, Oxford University. MIT (PhD thesis).

How do we make civic crowdfunding awesome? August 2012 Retrieved from http://www.ethanzuckerman.com/blog/2012/08/10/how-do-we-make-civic-crowdfunding-awesome/

https://www.kickstarter.com/help/stats

Lin, M. and Viswanathan, S., 2015. Home bias in online investments: An empirical study of an online crowdfunding market. Management Science, 62(5), pp.1393-1414.

Mayer, M., 2016. Civic crowdfunding and local government: an examination into projects, scope, and implications for local government (Doctoral dissertation, Old Dominion University).

Ordanini, A., Miceli, L., Pizzetti, M. and Parasuraman, A., 2011. Crowdfunding: transforming customers into investors through innovative service platforms. Journal of service management, 22(4), pp.443-470.

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