Crowdfunding, by leveraging crowdsourcing science and electronic payment systems, is enabling new ways for communities and other stakeholders to participate in infrastructure delivery. As investment in infrastructure declines, crowdfunding has emerged as an innovative funding, and engagement tool, for individual and city-wide infrastructure initiatives. Despite the increasing use and interest in crowdfunding, there is limited understanding of its implications. Through comparative case studies and a review of nearly 70 crowdfunding platforms, this work helps us understand the role of crowdfunding for increasing financial, as well as social, support for specific infrastructure projects. This in-depth, deep analysis augments and highlights the stakeholder dynamism that results from using innovative tools, like crowdfunding, for infrastructure delivery.
Sample Publications and Presentations
Gasparro, K. (2018, March). Crowdfunding Infrastructure: Increasing Capacity with Innovative Partnership Tools. Presented at the Department of Engineering and Public Policy at Carnegie Mellon University. Pittsburgh, PA.
Gasparro, K. (2018). Partnerships in Local Infrastructure Delivery: A Matched Pairs Case Study Comparing Two Crowdfunded and Two Traditionally Funded Projects. Proceedings of the 2018 Construction Research Congress.
Gasparro, K. (2015). Funding Municipal Infrastructure: Integrating Project Finance and Crowdfunding. (White paper). Global Project Center, Stanford, CA.