Location
Hilton Hawaiian Village, Honolulu, Hawaii
Event Website
https://hicss.hawaii.edu/
Start Date
3-1-2024 12:00 AM
End Date
6-1-2024 12:00 AM
Description
Crowdfunding literature primarily assumes the phenomenon as internet based. With the untapped potential of crowdfunding activities in developing regions, little is known of the viability of non-internet crowdfunding models in explaining crowdfunding success and how they compare with internet models. Non-internet crowdfunding models, particularly SMS crowdfunding, proliferate due to digital divide infringements. This research leverages fit-viability perspectives and crowdfunding literature to explain the significant differences in utilizing either model for crowdfunding. Our analysis reveals that, despite their inherent differences, both the SMS and internet crowdfunding models offer equal opportunities for project success, attributed to their unique economic viability mechanisms. This finding advocates for SMS crowdfunding’s continued adoption and refinement, especially within marginalized societies, as an avenue to facilitate digital inclusivity and foster a more balanced global financial landscape. We offer theoretical and practical implications to support our analysis.
Recommended Citation
Frimpong, Bright and Treku, Daniel, "Getting off the Digital Divide? Not so Fast! Exploring the Viability of Digital-divide-based Crowdfunding Models" (2024). Hawaii International Conference on System Sciences 2024 (HICSS-57). 4.
https://aisel.aisnet.org/hicss-57/sj/digital_divide/4
Getting off the Digital Divide? Not so Fast! Exploring the Viability of Digital-divide-based Crowdfunding Models
Hilton Hawaiian Village, Honolulu, Hawaii
Crowdfunding literature primarily assumes the phenomenon as internet based. With the untapped potential of crowdfunding activities in developing regions, little is known of the viability of non-internet crowdfunding models in explaining crowdfunding success and how they compare with internet models. Non-internet crowdfunding models, particularly SMS crowdfunding, proliferate due to digital divide infringements. This research leverages fit-viability perspectives and crowdfunding literature to explain the significant differences in utilizing either model for crowdfunding. Our analysis reveals that, despite their inherent differences, both the SMS and internet crowdfunding models offer equal opportunities for project success, attributed to their unique economic viability mechanisms. This finding advocates for SMS crowdfunding’s continued adoption and refinement, especially within marginalized societies, as an avenue to facilitate digital inclusivity and foster a more balanced global financial landscape. We offer theoretical and practical implications to support our analysis.
https://aisel.aisnet.org/hicss-57/sj/digital_divide/4