Home   >   CSC-OpenAccess Library   >    Manuscript Information
Civic Crowdfunding At The Intersection with Multi-Stakeholder Engagement: An Approach To Co-Create Public Value
Veronica Giuliani, Manuela Barreca
Pages - 64 - 81     |    Revised - 23-12-2021     |    Published - 15-06-2022
Volume - 13   Issue - 1    |    Publication Date -   Table of Contents
MORE INFORMATION
KEYWORDS
Civic Crowd Funding, Stakeholder Engagement, Co-creation, Public Value, Cultural and Creative Sector.
ABSTRACT
In an era of increasing citizen needs, financial constraints, and dwindling trust in government, the traditional top-down approach to providing public services and goods is often flanked by innovative strategies of multi-actor involvement to attract new investments and generate public value, social wellbeing, and inclusion. Many areas of the public sector respond to these challenges by increasingly recurring to civic crowdfunding. The cultural sector is an ideal domain for exploring this emerging trend. This article proposes a theoretical framework conceptually integrating civic crowdfunding and stakeholder management to examine the creation of public value as a process involving different actors of society. Adopting a multiple case study analysis based on five projects realized in the city of Milan. The results highlight how project initiators and stakeholders co-create public values to satisfy their needs and interests in logic of social responsibility and mutual benefit confirming how civic crowdfunding goes beyond fundraising but becomes a source of participation in the creation of public value. Finally, implications for both academics and professionals are discussed and ideas for future research presented.
Agranoff R., Mc Guire M. (2003), Inside the matrix: integrating the paradigms of intergovernmental and network management, in International Journal Of Public Administration, 26 (12): 1401-1422.
Agrawal A., Catalini C., Goldfarb A. (2015), Crowdfunding: geography, social networks, and the timing of investment decisions, in Journal of Economics and Management Strategy, 24 (2): 253-274.
Alford J. (2014), The multiple facets of co-production: building on the work of Elinor Ostrom, in Public Management Review, 16 (3): 299–316.
Assadi D. (2015), In search of crowfunding business models, in Assadi D. (eds.), Strategic approaches to successful crowdfunding, Advances in Business Strategy and Competitive Advantage (ABSCA), Burgundy School of business, France: 1-33.
Beck Jørgensen T. B., Bozeman B. (2007), Public values: an inventory, in Administration and Society, 39 (3): 354-381.
Benington J., Moore M. H. (2011), Public value in complex and changing times, in Benington J., Moore M. H. (eds.), Public value: theory and practice, Basingstoke, UK, Palgrave Macmillan: 1-20.
Bennet T. (2013), Making culture, changing society, London, Routledge.
Bonet L., Donato F. (2011), The financial crisis and its impact on the current models of governance and management of cultural sector in Europe, in Journal of Cultural Management and Policy, 1(1): 4-11.
Bonini T., Pais I. (2017), Hacking public service media funding: a scenario for rethinking the license fee as a form of civic crowdfunding, in International Journal on Media Management, 19(2): 123-143.
Bovaird T. (2007), Beyond engagement and participation: user and community co-production of public services, in Public Administration Review, 67(5): 846–860.
Bovaird, T., Van Ryzin G. G., Löffler E., Parrado S. (2015), Activating citizens to participate in collective co-production of public services, in Journal of Social Policy, 44 (01): 1–23.
Bozeman B. (2007), Public values and public interest: counterbalancing economic individualism, Washington, D.C., Georgetown University Press.
Bruni L., Zamagni S. (2015), L’economia civile, Il Mulino, Bologna.
Bryson J. M. (1995), Strategic planning for public and nonprofit organizations, Jossey-Bass, San Francisco, CA.
Bryson J. M. (2004), What stakeholders matter. Stakeholder identification and analysis techniques, in Public Management Review, 6 (1): 21-53.
Bryson J. M., Crosby B. C., Bloomberg L. (2014), Public value governance: moving beyond traditional public administration and the new public management, in Public Administration Review, 74 (4): 445-456.
Bryson J. M., Sancino A., Benington J., Sørensen E. (2016), Towards a multi-actor theory of public value co-creation, in Public Management Review, 19(5): 640–654.
Charbit C., Desmoulins G. (2017), Civic crowdfunding: a collective option for local public goods?, OECD Regional Development Working Papers, 2017/02, OECD Publishing, Paris.
Coliandro C., Sacco P.L. (2011), Italia reloaded. Ripartire dalla cultura, Il Mulino, Bologna.
Dahl A., Soss J. (2014), Neoliberalism for the common good? Public value governance and the downsizing of democracy, in Public Administration Review, 74 (4): 496-504.
Davies R. (2014), Civic crowdfunding: participatory communities, entrepreneurs and the political economy of place, MSc Thesis, Massachusetts Institute of Technology, Cambridge, MA. Available at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2434615
De Buysere K., Gajda O., Kleverlaan R., Marom D. (2012), A framework for European crowdfunding. Available at: http://www.crowdfundingframework.eu/.
Docherty I., Goodlad R., Padison R. (2011), Civic culture, community and citizen participation in contrasting neighbourhoods, in Urban Studies, 38 (12): 2225-2250.
Duijn M., Van Popering-Verkerk J. (2018), Integrated public value creation through community initiative – Evidence from Dutch water management, in Social Science Journal, 7 (12): 1-14.
Eden C., Ackerman F. (1998), Making strategy: the journey of strategic management, Sage, London.
Emerson K., Nabatchi T., Balogh S. (2012), An integrative framework for collaborative governance, in Journal of Public Administration Research and Theory, 22 (1): 1–29.
Epstein S. (1989), Values from the perspective of cognitive-experiential self-theory, in Eisenberg N., Reykowski J., Staub E. (eds.), Social and moral values. Individual and societal perspectives, Routledge, Hillsdale: 3-22.
Freeman R. E. (1994), The politics of stakeholders theory: some future directions, in Business Ethics Quarterly, 4 (1): 409-421.
Freeman R. E., Harrison J. S., Wicks A. C. (2007), Managing for stakeholders: survival, reputation and success, Yale University Press, New Haven, CT.
Freeman R. E., Harrison J. S., Wicks A. C., Parmar B., De Colle S. (2010), Stakeholder theory. The state of the art, Cambridge University Press, Cambridge.
Giuliani V., Colasanti N., Frondizi N., Barreca M. (2018), Civic crowdfunding, social marketing and the co-creation of public value, in the Journal of the Italian Marketing Association, Franco Angeli, 2/2018: 109-130.
Hajer M. (2003), Policy without polity? Policy analysis and the institutional void. in Policy Sciences, 36: 175-195.
Horner L., Hazel L. (2005), Adding public value, The Work Foundation, London.
Howe J. (2008), Crowdsourcing: why the power of the crowd is driving the future of business, New York, Crown Business.
https://www.eppela.com/it/mentors/comunemilano
https://www.eppela.com/it/projects/10182-iwant-cinewall
https://www.eppela.com/it/projects/10568-il-cantiere-dell-ortica
https://www.eppela.com/it/projects/13252-il-mondo-in-100-libri?t=contributorshttps://www.innovationinpolitics.eu/uploads/project/files/docs/5ba9fcae5dd4d.pdf
https://www.eppela.com/it/projects/9112-realizziamo-il-gallab-non-riservatohttp://www.nonriservato.net/en/projects/gallab
Johnson G., Scholes K., Whittington R. (2002), Exploring corporate strategy, Pearson College Div, Harlow, UK.
Ley A., Weaven S. (2011), Exploring agency dynamics of crowdfunding in start-up capital financing, in Academy of Entrepreneurship Journal, 17 (1): 85-110.
Maino F. (2013), Tra nuovi bisogni e vincoli di bilancio: protagonisti, risorse e innovazione sociale, in Primo Rapporto sul secondo welfare in Italia, Percorsi di Secondo Wefare, Centro di Ricerca e Documentazioni Luigi Einaudi: 17-46.
Marcon G., Scilletta C. (2013), Il ruolo del welfare civile nel welfare mix. I bisogni non evasi dal welfare pubblico, Osservatorio di Economia Civile, Camera di Commercio di Treviso, Treviso.
Mayer M. (2018), Examining community dynamics of civic crowdfunding participation, in Journal of Computer Support Cooperative Work, 27 (3-6): 1137-1151.
Meynhardt T. (2009), Public value inside: what is public value creation?, in International Journal of Public Administration, 32 (3): 192-219.
Meynhardt T. (2015), Public value: turning a concept framework into a scorecard, in Bryson J. M., Crosby B. C., Bloomberg L. (eds.), Public value and public administration, Georgetown University Press, Washington, DC: 147-169.
Mitchell R., Agle B., Wood D. (1997), Toward a theory of stakeholder identification and salience: defining the principle of who and what really counts, in Academy of Management Review, 22 (4): 853-886.
Mollick E. (2014), The dynamics of crowdfunding: an exploratory study, in Journal of Business Venturing, 29 (1): 1-16.
Moore M. (1995), Creating public value: strategic management in government, Harvard University Press, Cambridge, MA.
Moore M. H., K. Sanjeev (2004), On creating public value: what business might learn from government about strategic management, in Corporate Social Responsibility Working Paper, n. 3, Cambridge, MA, J.F. Kennedy School of Government, Harvard University.
Murray R., Caulier-Grice J., Mulgan G. (2010), The open book of social innovation: ways to design, develop and grow social innovation, NESTA.
Nabatchi T., Sancino A., Sicilia M. (2017), Varieties of participation in public services: the who, when, and what of co-production, in Public Administration Review, 77(5): 766–776.
Napolitano M. R. (2015), Valore della cultura e cultura del valore. Riflessioni per il futuro del Bel Paese, in Il capitale culturale, Studies on the Value of Cultural Heritage, 11: 371-393.
OMC - Open Method of Coordination (2014), Good practice report on the cultural and creative sectors’ export and internationalization support strategies, European Agenda for Culture 2011-2014.
Osborn S.P. (2010), The new public governance?, Routledge, London.
Payne A. F., Storbacka K., Frow P. (2008), Managing the co-creation of value, in Journal of the Academy of Marketing Science, 36 (1): 83-96.
Pestoff V. (2012), Co-production and third sector social services in Europe. Some concepts and evidence, in International Journal of Voluntary and Nonprofit Organizations, 23(4): 1102-1118.
Putnam R. (2000), Bowling alone: the collapse and revival of American community, Simon and Schuster, New York.
Scott C. (2010), Museums, the public, and public value, in The Journal of Museums Education, 35 (1): 33-42.
Shaw R. (2013), Another size fits all? Public value management and challenges for institutional design, in Public Management Review, 15(4): 477-500.
Sorrentino M., Siciali M., Howlett M. (2018), Understanding co-production as a new public governance tool, in Policy and Society, 37(3): 277-293.
Stiver A. Barroca L., Petre M., Richards M., Roberts D. (2015b), Civic crowdfunding: how do offline communities engage online?, in Proceedings of the 2015 British HCI Conference, ACM: 37–45.
Stiver A., Barroca L., Minocha S., Richards M., Roberts D. (2015a), Civic crowdfunding research: challenges, opportunities, and future agenda, in New Media & Society, 17 (2): 249–271.
Stoker G. (2006), Public value management a new narrative for networked governance?, in The American Review of Public Administration, 36 (1): 41-57.
UNCTAD – United Nations Conference on Trade and Development (2018), Creative economy outlook: trends in international trade in creative industries. Avaible at: https://unctad.org/en/PublicationsLibrary/ditcted2018d3_en.pdf
Vargo S .L, Lusch R. F. (2008), Service-dominant logic: continuing the evolution, in Journal of the Academy of Marketing Science, 36 (1): 1–10.
Venturi P., Zandonai F. (2014), Ibridi organizzativi. L’innovazione sociale generata dal gruppo cooperativo Cgm, Il Mulino, Bologna.
Yin R. K. (2014), Case Study Research Design and Methods (5th ed.), Thousand Oaks, CA, Sage.
Zamagni S. (2015), L’evoluzione dell’idea di welfare: verso il welfare civile, in Quaderni di Economia del Lavoro, 103/2015:337-360.
Dr. Veronica Giuliani
Dipartimento di Studi per l'Economia e l'Impresa, Università del Piemonte Orientale, 28100 Novara (No), Via Perrone n. 18 - Switzerland
Dr. Manuela Barreca
Faculty of Economics / Institute of Economics, Università della Svizzera italiana, Lugano, 6900 - Switzerland
manuela.barreca@gmail.com


CREATE AUTHOR ACCOUNT
 
LAUNCH YOUR SPECIAL ISSUE
View all special issues >>
 
PUBLICATION VIDEOS