Getting off the Digital Divide? Not so Fast! Exploring the Viability of Digital-divide-based Crowdfunding Models
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Date
2024-01-03
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7009
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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.
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From Digital Divide to Digital Equity and Inclusion: ICT Access, Adoption, and Use among Vulnerable Populations, crowdfunding, digital divide, fit, marginalized context, viability
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10 pages
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Proceedings of the 57th Hawaii International Conference on System Sciences
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Attribution-NonCommercial-NoDerivatives 4.0 International
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