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Additionally five value dimensions are found to define the driving intention of participation in a crowdfunding project. 1. Financial Value: It is based on the individual’s return as a result of his/her investment. This is the strongest of all predictor variables. 2. Functional Value: According to the functionality of the project according to the supporter plays an important role in the intention to participate. 3. Social Value: Some people take part in a crowdfunding project for self-expression. This also motivates people to support projects. 4. Epistemic Value: It is not found to have a positive effect on the intention to invest. 5. Emotional Value: The feeling of enjoyment is a significant driver to invest (Harms 2007).
3. Global Intermediaries & Example Projects 4.6. Kickstarter …show more content…
For example Kadıköy municipality used its 260 Million TL budget in 2008, where they spent around one fourth of it to new projects and infrastructure. Their income was around 200 Million TL in that year. A way of involving also the passive locals in the making of local environment and projects they are conducting researches with the local community on what to prioritize and the results of that is also attached in the figure below.
Figure 09. Priority list of project fields from a local community survey
In this research, there are some 10% of the people which provided no answer since they don’t know what to ask as priority from municipalities. Being able to contribute on the decisions of local project will also attract this group of people which are not aware of what is going on around them. Around 54% of the attendees give an answer of green site, sports, cultural and social projects and 35 % of the people said infrastructure, car park and road projects needs to be prioritized.
7.3. Global Benchmarks
There are also intermediary models created for government and local city projects in different countries. It seems that local projects got attention in northern Europe at most like Sweden and
3. Global Intermediaries & Example Projects 4.6. Kickstarter …show more content…
For example Kadıköy municipality used its 260 Million TL budget in 2008, where they spent around one fourth of it to new projects and infrastructure. Their income was around 200 Million TL in that year. A way of involving also the passive locals in the making of local environment and projects they are conducting researches with the local community on what to prioritize and the results of that is also attached in the figure below.
Figure 09. Priority list of project fields from a local community survey
In this research, there are some 10% of the people which provided no answer since they don’t know what to ask as priority from municipalities. Being able to contribute on the decisions of local project will also attract this group of people which are not aware of what is going on around them. Around 54% of the attendees give an answer of green site, sports, cultural and social projects and 35 % of the people said infrastructure, car park and road projects needs to be prioritized.
7.3. Global Benchmarks
There are also intermediary models created for government and local city projects in different countries. It seems that local projects got attention in northern Europe at most like Sweden and