Crowd funding in libraries: by the people and for the people
ISSN: 0741-9058
Article publication date: 25 October 2018
Issue publication date: 7 November 2018
Abstract
Purpose
Crowd funding is a method to raise funds for a specific cause or project by asking a large number of people to donate money, usually in small amounts, and usually during a relatively short period, such as a few months. This paper aims to explore the global as well as Indian crowd funding platforms and literature as well to find out the success stories of crowd funding.
Design/methodology/approach
General literature was reviewed. Various crowd funding platforms were scanned, especially Indian, to find the successful crowd funding stories.
Findings
It was found that plenty of crowd funding initiatives have been taken in India, especially to build libraries, to decorate libraries, for collection development, to provide services, etc. Nongovernmental organizations/trusts are the ones who are undertaking these initiatives. There is a need to create awareness of such activities by experienced library professionals/nonprofessionals who have done crowd funding and for them to share their experiences and practices of crowd funding among other professionals, so that others can also explore such methods.
Originality/value
This paper promptly presents the Indian crowd funding initiatives and the success stories.
Keywords
Citation
Sawant, S. (2018), "Crowd funding in libraries: by the people and for the people", Library Hi Tech News, Vol. 35 No. 10, pp. 12-14. https://doi.org/10.1108/LHTN-03-2018-0017
Publisher
:Emerald Publishing Limited
Copyright © 2018, Emerald Publishing Limited