Crowdfunding for financing wearable technologies
Wismans-Voorbraak, K. -A.
2016 49th Hawaii International Conference on System Sciences (HICSS)
1800 - 1807
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We explore electronic crowdfunding platforms as a means of receiving money and other resources by an entrepreneur from many parties for financing wearable technology project. The electronic platform determines the cost of funding for the entrepreneur and the return investors will receive per period. This research aims to develop a framework to understand and evaluate the quantitative and qualitative implications of various crowdfunding platforms for the entrepreneur and his investment decisions in wearable technologies. We consider a debt financing based platform and examine its operational implications on the entrepreneur's decisions. In addition, we identify the incentive problems that occur in these models. © 2016 IEEE.