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Page 1: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

May 2016

Page 2: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

•  What technologies are used? •  What assumptions are broken? •  What does mean for rural areas?

https://www.youtube.com/watch?v=y-rEI4bezWc

Page 3: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

People •  “Net generation” •  24x7 “mobile” workforce •  Knowledge via MOOCs •  Sharing not owning •  Sustainability •  Gigs and not jobs

Technology •  Broadband •  Smart phones •  Cloud •  Internet of Things •  Big Data •  3D printing •  Robotics/AI •  VR/AR •  Holography

Open Source IP •  Software

•  Hardware •  Physibles

Convergence of…..

Finance •  Microlending/microfinance •  Crowdfunding/equity/P2P •  Cryptocurrencies •  Blockchain •  Mobile money/payments •  M2M payments

Page 4: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

3D printing robot

MX3D to 3D print steel bridge

Page 5: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

The gig economy and jobs that did not exist 10 years ago

Ø  iOS/Android developer Ø  Social media manager Ø  UI/UX designer Ø  Big data architect Ø  Cloud services specialist

http://talent.linkedin.com/blog/index.php/2014/01/top-10-job-titles-that-didnt-exist-5-years-ago-infographic

Ø  Digital marketing specialist Ø  Sustainability expert Ø  Drone pilot and photographer Ø  Zumba instructor Ø  Beach body coach

Page 6: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

A system that activates the untapped value of all kinds of assets through models

and marketplaces that enable greater efficiency and access.

- Botsman

The Sharing Economy

Harvard Business Review, 2014

The Sharing Economy: Embracing Change with Caution http://www.slideshare.net/eteigland/sharing-economy-webb

Page 7: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

The Sharing Economy is enabled through peer-to-peer (P2P) transactions on

multi-sided platforms (MSPs)

http://sloanreview.mit.edu/article/strategic-decisions-for-multisided-platforms/

Page 8: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

What is crowdfunding?

Accumulation of small investments in individual projects by large number of individuals (the

“crowd”) via or with help of Internet and social networks (De Buysere et al., 2012)

Picture: FundedByMe

Page 9: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

Alternative financing through crowdfunding

Enabling local community

Page 10: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via
Page 11: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

Scheveningen Harbor – The Hague

Page 12: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

A 3D printer workshop on Lisette’s boat

RepRap community E-commerce

Page 13: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

My first attempt at 3D printing – successful!

Page 14: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

Microfactories and global 3D printer networks

Page 15: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

Enabling circular economies

•  Printers printing themselves •  Recycling local garbage into filament

Page 16: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

Local Motors to print 3D cars in its micro-factories

Page 17: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

The future is already here, it’s just not very evenly

distributed.

- William Gibson

Page 18: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

http://www.slideshare.net/eteigland

Page 19: Digitization EF final - Entreprenörskapsforum · What is crowdfunding? Accumulation of small investments in individual projects by large number of individuals (the “crowd”) via

Robin Teigland [email protected]

www.slideshare.net/eteigland www.funnovation.se

@robin.teigland

If you love knowledge, set it free…

If you like this presentation and would like to contribute to our research, we accept bitcoins: 14hs4JbnQLXE87GGzu84uXGaspmxmnLpwC. Thank you!!!!!