„Digital Europe Economic Seminars” [21.07.2021]

13 July 2021

We kindly invite to take part in the next seminar from the series “Digital Europe Economic Seminars” (DEEcon) conducted by DELab UW, Faculty of Sociology and Faculty of Economic Sciences, University of Warsaw. The series of meetings is an opportunity to present digitization research by leading European Union researchers. Each seminar is moderated by Wojciech Hardy, Ph.D. from the Department of Technological Transformation of the Faculty of Economic Sciences, University of Warsaw.

During the seminar which will be held on July 21st at 1 p.m. CEST, Carolina Dalla Chiesa (Erasmus University Rotterdam) will give the presentation “Exploring home-bias and the economic features of the cultural and creative industries in crowdfunding success”.

Full description and registration is available on the website.

Presentation’s abstract:

Crowdfunding is arguably a local phenomenon with international potential. Creators often remain largely constrained in their local environments yet expecting to move out of small cultural productions. This rather locally-restrained view finds a connection with vast empirical evidence that shows how crowdfunding reinforces local ties, clusters, close social networks, hence relying upon local endowment (Agrawal et al., 2011; 2015; Hui et al., 2014; Lin & Viswanathan, 2016; Mendes da Silva et al., 2016; 2018; Breznitz and Noonan, 2020). This presentation will delve into aspects related to the economic geography of crowdfunding and its relations to various Cultural and Creative Industries. We will delve into the differences amongst sectors and the outreach of crowdfunding campaigns as a way to analyze the economic characteristics of cultural goods shared via crowdfunding. Moreover, the presentation will delve into the characteristics of rewards offered by cultural crowdfunding campaigns: their experience good characteristics, and endorsement signals. This sheds light on one of the most innovative funding forms for the cultural and creative industries, its limitations, and future research agenda.

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