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An Exploratory Look at the Growth and Success of Crowdfunding in the Public Space

The digital age has changed the way we consume information and left organizations struggling to adapt to new technologies and information exchange mechanisms. Civic crowdfunding is one such new technology that has the potential to redefine what local government means from an individual and administrative perspective, but there remains little knowledge about what it is and where it fits in the public space. This research attempts to unravel these questions by providing an overview of the field of civic crowdfunding and explaining what types of projects are undertaken, what projects are successfully funded, and what factors lead to successful projects.