IDEAS home Printed from https://ideas.repec.org/a/sae/jousus/v15y2021i2p186-205.html
   My bibliography  Save this article

The Role of Crowdfunding for New Funding Challenges in Public Universities: An Italian Case Study

Author

Listed:
  • Elena Madeo

Abstract

This article aims to understand how the public higher education sector is dealing with new challenges, like sustainability in services provision and delivery, which means to fulfil all the functions of a university. In order to fulfil their mission and be sustainable, the public higher education sector should start an innovation process, through which they can improve their resilience to socio-economic changes. Obviously, this involves new conditions in terms of service production, which can turn into co-production, collaboration within and outside the university’s organizational borders, and, eventually, partnerships with other organizations. This research studies in deep all these topics by investigating the case study of an Italian university, which has developed its own crowdfunding platform in order to sustain its functions. The results show some of the changes within the public universities’ fundraising culture. Moreover, though the results relate to the context of analysis, it would be interesting to develop this study by comparing public universities located in different countries.

Suggested Citation

  • Elena Madeo, 2021. "The Role of Crowdfunding for New Funding Challenges in Public Universities: An Italian Case Study," Journal of Education for Sustainable Development, , vol. 15(2), pages 186-205, September.
    • Handle: RePEc:sae:jousus:v:15:y:2021:i:2:p:186-205
    DOI: 10.1177/09734082211062657
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/09734082211062657
    Download Restriction: no
    File URL: https://libkey.io/10.1177/09734082211062657?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Erik E. Lehmann & Michele Meoli & Stefano Paleari & Sarah A. E. Stockinger, 2018. "Approaching effects of the economic crisis on university efficiency: a comparative study of Germany and Italy," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 8(1), pages 37-54, March.
    2. Paul Belleflamme & Thomas Lambert & Armin Schwienbacher, 2013. "Individual crowdfunding practices," Venture Capital, Taylor & Francis Journals, vol. 15(4), pages 313-333, October.
    3. Mattia Cattaneo & Michele Meoli & Andrea Signori, 2016. "Performance-based funding and university research productivity: the moderating effect of university legitimacy," The Journal of Technology Transfer, Springer, vol. 41(1), pages 85-104, February.
    4. Hemer, Joachim, 2011. "A snapshot on crowdfunding," Working Papers "Firms and Region" R2/2011, Fraunhofer Institute for Systems and Innovation Research (ISI).
    5. Nathalie Colasanti & Rocco Frondizi & Marco Meneguzzo, 2018. "Higher education and stakeholders’ donations: successful civic crowdfunding in an Italian university," Public Money & Management, Taylor & Francis Journals, vol. 38(4), pages 281-288, June.
    6. Bloch, Carter & Bugge, Markus M., 2013. "Public sector innovation—From theory to measurement," Structural Change and Economic Dynamics, Elsevier, vol. 27(C), pages 133-145.
    7. Hanna Hałaburda & Yaron Yehezkel, 2016. "The Role of Coordination Bias in Platform Competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 25(2), pages 274-312, April.
    8. Stefano Paleari & Davide Donina & Michele Meoli, 2015. "The role of the university in twenty-first century European society," The Journal of Technology Transfer, Springer, vol. 40(3), pages 369-379, June.
    9. Margaret H. Vickers & Alexander Kouzmin, 2001. "‘RESILIENCE’ IN ORGANIZATIONAL ACTORS AND REARTICULATING ‘VOICE’: Towards a humanistic critique of New Public Management," Public Management Review, Taylor & Francis Journals, vol. 3(1), pages 95-119, January.
    10. Jean Hartley, 2005. "Innovation in Governance and Public Services: Past and Present," Public Money & Management, Taylor & Francis Journals, vol. 25(1), pages 27-34, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rinor F. Kurteshi, 2018. "Information Sources Supporting Innovation In The Public Sector: The Case Of Kosovo," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 3(2), pages 22-31, September.
    2. Arundel, Anthony & Casali, Luca & Hollanders, Hugo, 2015. "How European public sector agencies innovate: The use of bottom-up, policy-dependent and knowledge-scanning innovation methods," Research Policy, Elsevier, vol. 44(7), pages 1271-1282.
    3. Demircioglu, Mehmet Akif & Audretsch, David B., 2017. "Conditions for innovation in public sector organizations," Research Policy, Elsevier, vol. 46(9), pages 1681-1691.
    4. Barrutia, Jose M. & Echebarria, Carmen & Aguado-Moralejo, Itziar & Apaolaza-Ibáñez, Vanessa & Hartmann, Patrick, 2022. "Leading smart city projects: Government dynamic capabilities and public value creation," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    5. Giulio Maggiore & Alfonso Morvillo, 2015. "L?innovazione nei servizi pubblici: un caso nel settore sanitario," ECONOMIA E DIRITTO DEL TERZIARIO, FrancoAngeli Editore, vol. 2015(1), pages 127-153.
    6. Angela Mariani & Simona Monteleone & Donatella Privitera, 2017. "Crowdfunding as social innovation practice: Experiences in Italy," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 2017(2), pages 67-82.
    7. Silvia Cruz & Sônia Paulino & Faïz Gallouj, 2015. "Public Service Innovation: Solid Waste Sector from the Perspective of Clean Development Mechanism Landfill Projects," Post-Print halshs-01247615, HAL.
    8. O’Donnell, Jonathan, 2022. "Administration of crowdfunding at Australian universities," Business Horizons, Elsevier, vol. 65(1), pages 33-42.
    9. Lars Fuglsang & Anne Vorre Hansen & Ines Mergel & Maria Taivalsaari Røhnebæk, 2021. "Living Labs for Public Sector Innovation: An Integrative Literature Review," Administrative Sciences, MDPI, vol. 11(2), pages 1-19, June.
    10. Torugsa, Nuttaneeya (Ann) & Arundel, Anthony, 2017. "Rethinking the effect of risk aversion on the benefits of service innovations in public administration agencies," Research Policy, Elsevier, vol. 46(5), pages 900-910.
    11. Löher, Jonas & Schell, Sabrina & Schneck, Stefan & Werner, Arndt & Moog, Petra, 2015. "Unternehmensgründungen und Crowdinvesting," IfM-Materialien 241, Institut für Mittelstandsforschung (IfM) Bonn.
    12. Andrea Rey-Martí & Antonia Mohedano-Suanes & Virginia Simón-Moya, 2019. "Crowdfunding and Social Entrepreneurship: Spotlight on Intermediaries," Sustainability, MDPI, vol. 11(4), pages 1-23, February.
    13. Lynda Y. de la Viña & Stephanie Lee Black, 2018. "US Equity Crowdfunding: A Review of Current Legislation and A Conceptual Model of the Implications for Equity Funding," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 27(1), pages 83-110, March.
    14. Fuglsang, Lars & Hansen, Anne Vorre, 2022. "Framing improvements of public innovation in a living lab context: Processual learning, restrained space and democratic engagement," Research Policy, Elsevier, vol. 51(1).
    15. Silvia Cruz & Sonia Paulino & Faiz Gallouj, 2014. "Innovation in brazilian landfills: a servppin perspective," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2014(3), pages 79-100.
    16. Laurin Buchheim & Alexander Krieger & Sarah Arndt, 2020. "Innovation types in public sector organizations: a systematic review of the literature," Management Review Quarterly, Springer, vol. 70(4), pages 509-533, November.
    17. Ian Scott, 2021. "Context and innovation in traditional bureaucracies: A Hong Kong study," Public Administration & Development, Blackwell Publishing, vol. 41(1), pages 12-22, February.
    18. Douglas Cumming & Lars Hornuf & Moein Karami & Denis Schweizer, 2023. "Disentangling Crowdfunding from Fraudfunding," Journal of Business Ethics, Springer, vol. 182(4), pages 1103-1128, February.
    19. Petteri Repo & Kaisa Matschoss, 2019. "Social Innovation for Sustainability Challenges," Sustainability, MDPI, vol. 12(1), pages 1-12, December.
    20. Susana Bernardino & J. Freitas Santos, 2015. "Financing social ventures by crowdfunding: the influence of entrepreneurs’ personality traits," NIPE Working Papers 12/2015, NIPE - Universidade do Minho.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:jousus:v:15:y:2021:i:2:p:186-205. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.