Business Plan - Development of a Donation Management Application in the Health Sector

Total Page:16

File Type:pdf, Size:1020Kb

Load more

Business Plan - Development of a Donation Management Application in the Health Sector André Filipe Siopa Master in management Supervisor: Prof. Doutora Alexandra Fernandes, Professora Auxiliar, ISCTE - IUL October, 2020 Department of Marketing, Operation and Management (IBS) Business Plan - Development of a Donation Management Application in the Health Sector André Filipe Siopa Master in management Supervisor: Prof. Doutora Alexandra Fernandes, Professora Auxiliar, ISCTE - IUL October, 2020 Acknowledgements This thesis represents the final stage of my Master´s Degree in Management, it is a victory for me and a huge victory in my life, academic and personal. It has not been an easy path much less an easy year due to being working and there being a Pandemic crisis all over the World (Covid-19). Regardless, several people in my life, in one way or another, have helped me, motivated me and given me strength to continue this thesis and finish it, and to them I wish to express my thanks. To Professor Alexandra Fernandes, not only for accepting to be my supervisor, thank you as well for all of the knowledge shared and all your guidance that allowed me to finish my thesis. To my parents, brothers and grandparents, especially to my mum that never gave up on me and helped me to conclude the final step of my masters, thank you for your love, kind words and support over the years. To rest of my family and friends, that in one way or another have helped me to make this thesis possible. Finally, to my dear friend Jorge, for all the discussions and debates that allowed me to achieve more and to think outside the box, to João for all the work and hours spent helping me with my thesis, and to Marta that did not let me give up and, by giving me strength and support, forced me to continue the thesis and deliver it on time, thank you. It has been a long journey and a lot of learning, thank you all. iii iv Resumo Cada vez mais os donativos estão presentes na nossa sociedade para diversas causas sociais e o crescimento das novas tecnologias, principalmente da internet, permitiu dar um maior destaque a um número de causas em todo o mundo, causas estas a que hoje é mais fácil de chegar. Apesar de existirem plataformas e meios de ajudar os mais necessitados, não existe uma ferramenta completa que permita um controlo, uma maior transparência e sentido de pertença dos doadores, nesse sentido, surgiu uma ideia de um plano de negócios para o desenvolvimento de uma aplicação de gestão de donativos na área da saúde. A ideia surgiu tendo como base casos passados que aconteceram em contexto nacional e que levantaram uma série de dúvidas quanto ao processo de transparência e finalidade do dinheiro. Foi tida em consideração a grave pandemia que se vive (Covid- 19) onde foi ajustado o plano de negócio, este plano tem como objetivo a criação de uma ferramenta, aplicação de telemóvel (android/ios) e website, que permita uma melhor gestão e transparência no processo de donativos, gratuita e disponível a toda a sociedade, aumentando assim o grau de consciencialização das dificuldades em todo o mundo e como podemos ajudar os mais necessitados através de uma plataforma digital. Foi realizado um levantamento e análise de plataformas com o mesmo objetivo, de maneira a fazer-se um estudo prévio do que já existe e o seu funcionamento, assim, foi possível desenvolver um plano de negócio inovador que permita uma maior gestão e transparência de donativos. Palavras-chave: Donativos, Aplicação, Saúde, Internet, Tecnologia, Covid-19. Sistema de Classificação JEL: O31 - Innovation and Invention: Processes and Incentives O33 - Technological Change: Choices and Consequences • Diffusion Processes v vi Abstract Increasingly, donations are present in our society for various social causes, and the advent of new technologies, especially the internet, has made it possible to give greater prominence to the number of causes worldwide. Causes that today can be reached through donations. Although there are platforms and ways to help those most in need, there is no complete tool that allows control, greater transparency, and a sense of belonging from donors. Thus, an idea arose for a business plan for the development of management of donations in the health area. The idea came up based on past cases that happened in a national context and that raised a series of doubts about the process of transparency and the purpose of the money. Taking into account the full pandemic that is happening (Covid-19) came the business plan which aims to create a tool, a mobile application (android/ios) and a website, which allow for better management and transparency in the donation process. Making it free and available to society, thus increasing the awareness of difficulties around the world and how we can help those most in need through a digital platform. A survey and analysis of platforms were carried out with the same objective, in order to make a preliminary study of what already exists and how it works, thus, it was possible to develop an innovative business plan that allows for greater management and transparency in the donation process. Keywords: Donations, Application, Health, Internet, Technology, Covid-19. JEL Classification System: O31 - Innovation and Invention: Processes and Incentives O33 - Technological Change: Choices and Consequences • Diffusion Processes vii viii Index Acknowledgements ...................................................................................................... iii Resumo ......................................................................................................................... v Abstract ...................................................................................................................... vii Chapter 1 – Literature Review....................................................................................... 1 1.1. Internet ............................................................................................................... 1 1.2. Health ................................................................................................................. 3 1.3. Fundraising ......................................................................................................... 6 Chapter 2 – Methodology .............................................................................................. 9 2.1. Data collection .................................................................................................. 10 Chapter 3 – Market Analysis ....................................................................................... 11 3.1. Ordem dos médicos, enfermeiros e farmacêuticos ............................................. 11 3.2. Watsi ................................................................................................................ 12 3.3. Transparent Hands ............................................................................................ 14 3.4. Discussion of Results ........................................................................................ 15 Chapter 4 – Competitive analysis ................................................................................ 19 4.1. SWOT Analysis ................................................................................................ 19 4.2. Critical Success Factor ...................................................................................... 20 Chapter 5 - Objectives of the Plan ............................................................................... 21 Chapter 6 - Development Strategy............................................................................... 23 6. 1. Marketing ........................................................................................................ 23 6.2. Organization ..................................................................................................... 24 6.3. Financial evaluation .......................................................................................... 25 Conclusion .................................................................................................................. 32 Bibliography ............................................................................................................... 33 Appendices ................................................................................................................. 35 ix x Chapter 1 – Literature Review 1.1. Internet Over the years, society has gone through several industrial revolutions, and as such, in the past few years we have experienced a new revolution: the creation of technologies of information processing and communication. Today, information technology is what new sources of energy were to the previous industrial revolutions (Castells, 1996). OECD defines ICT as the merger between manufacturing and service industries that capture, transmit and display data and information electronically (OECD, 1998). This new era of information technology began with the creation of the Internet. The internet was created, during the late 1950´s, by the US Defense Department´s Advance Research Project Agency (ARPA) for military use. But with its constant development in the beginning of the twentieth century and with the unique blend of military strategy, scientific cooperation, technological entrepreneurship and countercultural innovation it became global and accessible for most of the population. Thus, the internet emerged as a global network of interconnected computer hardware and software systems,
Recommended publications
  • East Africa Crowdfunding Landscape Study

    East Africa Crowdfunding Landscape Study

    REPORT | OCTOBER 2016 East Africa Crowdfunding Landscape Study REDUCING POVERTY THROUGH FINANCIAL SECTOR DEVELOPMENT Seven Things We Learned 1 2 3 4 East African East Africa’s Crowdfunding There’s appetite to crowdfunding platforms report risks and the do business and to markets are on promising regulatory learn more from the move. progress. environment. across East Africa. Crowdfunding platforms Since 2012 M-Changa In Kenya, for example, Over 65 participants at- (donation, rewards, debt has raised $900,000 Section 12A of the Capi- tended the Indaba & and equity) raised $37.2 through 46,000 tal Markets Act provides a Marketplace from all cor- million in 2015 in Kenya, donations to 6,129 safe space for innovations ners of the East African Rwanda, Tanzania and fundraisers. Pesa Zetu to grow before being sub- market. Uganda. By the end of Q1 and LelaFund are also ject to the full regulatory 2016, this figure reached opening access to their regime. $17.8 million – a 170% deals on the platform. year-on-year increase. 5 6 7 East Africa’s MSMEs ex- There are both commercial Global crowdfunding press a demand for alterna- and development oppor- markets are growing tive finance, but they’re not tunities for crowdfunding fast but also evolving. always investment-ready or platforms in East Africa. Finance raised by crowdfunding able to locate financiers. Crowdfunding platforms have the platforms worldwide increased from 45% of Kenyan start-ups sampled re- potential to mobilise and allocate $2.7 billion in 2012 to an estimated quire between $10,000 and $50,000 capital more cheaply and quickly $34 billion in 2015.
  • I Mmmmmmmm I I Mmmmmmmmm I M I M I Mmmmmmmmmm 5A Gross Rents

    I Mmmmmmmm I I Mmmmmmmmm I M I M I Mmmmmmmmmm 5A Gross Rents

    OMB No. 1545-0052 Form 990-PF Return of Private Foundation I or Section 4947(a)(1) Trust Treated as Private Foundation À¾µ¼ Do not enter social security numbers on this form as it may be made public. Department of the Treasury I Internal Revenue Service Go to www.irs.gov/Form990PF for instructions and the latest information. Open to Public Inspection For calendar year 2018 or tax year beginning 02/01 , 2018, and ending 01/31 , 20 19 Name of foundation A Employer identification number SALESFORCE.COM FOUNDATION 94-3347800 Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions) 50 FREMONT ST 300 (866) 924-0450 City or town, state or province, country, and ZIP or foreign postal code C If exemption applicatmionm ism m m m m m I pending, check here SAN FRANCISCO, CA 94105 m m I G Check all that apply: Initial return Initial return of a former public charity D 1. Foreign organizations, check here Final return Amended return 2. Foreign organizations meeting the 85% test, checkm hem rem anmd am ttamchm m m I Address change Name change computation H Check type of organization: X Section 501(c)(3) exempt private foundation E If private foundation status was terminamtedI Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation under section 507(b)(1)(A), check here I Fair market value of all assets at J Accounting method: Cash X Accrual F If the foundation is in a 60-month terminmatIion end of year (from Part II, col.
  • A Guide for Diaspora Remittances & Investments

    A Guide for Diaspora Remittances & Investments

    SEND MONEY invest &in KenYA A guide for diaspora remitTances & investments This Action is supported This Action is funded by the Secretariat of the by the European Union ACP Group of States 2 The contents of this booklet are the sole responsibility of the author and cannot be taken to reflect the views of the ACP Secretariat, ACP States, the European Commission or the International Organization for Migration (IOM). The designations employed and the presentation of material throughout the booklet do not imply the expression of any opinion whatsoever on the part of the ACP Secretariat, ACP States, the European Commission or the IOM concerning the legal status of any country, territory, city or area, or of its authorities, or concerning its frontiers or boundaries. The ACP Secretariat, the ACP States, the European Commission or the IOM do not make any warranties or representations, either express or implied, with respect to the accuracy or completeness of this booklet. Under no circumstances shall they be liable for any loss, damage, liability or expense incurred or suffered that is claimed to have resulted from the use of this booklet, including, without limitation, any fault, error, omission, interruption or delay with respect thereto. This booklet contains links to third-party websites. The linked sites are not maintained or controlled by the ACP States, the ACP Secretariat, the European Commission or the IOM. The ACP States, the ACP Secretariat, the European Commission or the IOM are therefore not responsible for the availability, content or accuracy of any linked site or any link contained in a linked site.
  • A Comparison of Crowdfunding and Initial Coin Offerings

    A Comparison of Crowdfunding and Initial Coin Offerings

    Small Bus Econ https://doi.org/10.1007/s11187-020-00330-2 The entrepreneurial finance markets of the future: a comparison of crowdfunding and initial coin offerings Joern H. Block & Alexander Groh & Lars Hornuf & Tom Vanacker & Silvio Vismara Accepted: 19 January 2020 # The Author(s) 2020 Abstract Entrepreneurial finance markets are in a development of the markets. We conclude with sug- dynamic state. New market niches and players have gestions for future ICO and CF research. developed and continue to emerge. The rules of the game and the methods for receiving financial back- Keywords Entrepreneurial finance . SME financing . ing have changed in many ways. This editorial and Crowdfunding . Initial coin offering . ICOs . Blockchain the special issue of Small Business Economics focus on crowdfunding (CF) and initial coin offerings JEL classifications L26 . G23 . G24 . G30 (ICOs), which are two distinct but important entre- preneurial finance market segments of the future. Although the two market segments initially appear 1Introduction to be similar, we identify differences between them. Our comparison focuses on the stakeholders, micro- Technological development and regulation and the rise structures, regulatory environments, and of social media had tremendous effects on the J. H. Block (*) L. Hornuf Department of Management, Fachbereich IV, Universität Trier, CESifo, Munich, Germany Universitätsring 15a, 54296 Trier, Germany e-mail: [email protected] T. Vanacker : S. Vismara Ghent University, Ghent, Belgium J. H. Block Universität Witten/Herdecke, Witten, Germany T. Vanacker J. H. Block e-mail: [email protected] Erasmus University Rotterdam, Rotterdam, Netherlands S. Vismara A. Groh e-mail: [email protected] EMLYON Business School, Ecully, France e-mail: [email protected] T.
  • Crowdfunding Our Health: Economic Risks and Benefits

    Crowdfunding Our Health: Economic Risks and Benefits

    Matthew J. Renwick and Elias Mossialos Crowdfunding our health: economic risks and benefits Article (Accepted version) (Refereed) Original citation: Renwick, Matthew J., Mossialos. (2017) Crowdfunding our health: economic risks and benefits. Social Science & Medicine. ISSN 0277-9536 DOI: 10.1016/j.socscimed.2017.08.035 Reuse of this item is permitted through licensing under the Creative Commons: © 2017 The Authors CC BY-NC-ND 4.0 This version available at: http://eprints.lse.ac.uk/84165/ Available in LSE Research Online: September 2017 LSE has developed LSE Research Online so that users may access research output of the School. Copyright © and Moral Rights for the papers on this site are retained by the individual authors and/or other copyright owners. You may freely distribute the URL (http://eprints.lse.ac.uk) of the LSE Research Online website. Accepted Manuscript Crowdfunding our health: Economic risks and benefits Matthew J. Renwick, Elias Mossialos PII: S0277-9536(17)30516-6 DOI: 10.1016/j.socscimed.2017.08.035 Reference: SSM 11375 To appear in: Social Science & Medicine Received Date: 13 November 2016 Revised Date: 9 June 2017 Accepted Date: 28 August 2017 Please cite this article as: Renwick, M.J., Mossialos, E., Crowdfunding our health: Economic risks and benefits, Social Science & Medicine (2017), doi: 10.1016/j.socscimed.2017.08.035. This is a PDF file of an unedited manuscript that has been accepted for publication. As a service to our customers we are providing this early version of the manuscript. The manuscript will undergo copyediting, typesetting, and review of the resulting proof before it is published in its final form.
  • Crowdfunding Our Health: Economic Risks and Benefits

    Crowdfunding Our Health: Economic Risks and Benefits

    Accepted Manuscript Crowdfunding our health: Economic risks and benefits Matthew J. Renwick, Elias Mossialos PII: S0277-9536(17)30516-6 DOI: 10.1016/j.socscimed.2017.08.035 Reference: SSM 11375 To appear in: Social Science & Medicine Received Date: 13 November 2016 Revised Date: 9 June 2017 Accepted Date: 28 August 2017 Please cite this article as: Renwick, M.J., Mossialos, E., Crowdfunding our health: Economic risks and benefits, Social Science & Medicine (2017), doi: 10.1016/j.socscimed.2017.08.035. This is a PDF file of an unedited manuscript that has been accepted for publication. As a service to our customers we are providing this early version of the manuscript. The manuscript will undergo copyediting, typesetting, and review of the resulting proof before it is published in its final form. Please note that during the production process errors may be discovered which could affect the content, and all legal disclaimers that apply to the journal pertain. ACCEPTED MANUSCRIPT Crowdfunding our health: economic risks and benefits Matthew J. Renwick 1 & Elias Mossialos 1 1LSE Health, Department of Social Policy, London School of Economics and Political Science, London, United Kingdom Corresponding author: Professor Elias Mossialos Director, LSE Health, London School of Economics Email: [email protected] Telephone: +44 (0)20 7955 7564 Running head: Crowdfunding our health Keywords: crowdfunding / alternative financing / health policy / health economics / global health MANUSCRIPT ACCEPTED ACCEPTED MANUSCRIPT 1 ABSTRACT 2 3 Crowdfunding is an expanding form of alternative financing that is gaining traction in the 4 health sector. This article presents a typology for crowdfunded health projects and a 5 review of the main economic benefits and risks of crowdfunding in the health market.
  • A Comparison of Crowdfunding and Initial Coin Offerings

    A Comparison of Crowdfunding and Initial Coin Offerings

    Small Bus Econ https://doi.org/10.1007/s11187-020-00330-2 The entrepreneurial finance markets of the future: a comparison of crowdfunding and initial coin offerings Joern H. Block & Alexander Groh & Lars Hornuf & Tom Vanacker & Silvio Vismara Accepted: 19 January 2020 # The Author(s) 2020 Abstract Entrepreneurial finance markets are in a development of the markets. We conclude with sug- dynamic state. New market niches and players have gestions for future ICO and CF research. developed and continue to emerge. The rules of the game and the methods for receiving financial back- Keywords Entrepreneurial finance . SME financing . ing have changed in many ways. This editorial and Crowdfunding . Initial coin offering . ICOs . Blockchain the special issue of Small Business Economics focus on crowdfunding (CF) and initial coin offerings JEL classifications L26 . G23 . G24 . G30 (ICOs), which are two distinct but important entre- preneurial finance market segments of the future. Although the two market segments initially appear 1 Introduction to be similar, we identify differences between them. Our comparison focuses on the stakeholders, micro- Technological development and regulation and the rise structures, regulatory environments, and of social media had tremendous effects on the J. H. Block (*) L. Hornuf Department of Management, Fachbereich IV, Universität Trier, CESifo, Munich, Germany Universitätsring 15a, 54296 Trier, Germany e-mail: [email protected] T. Vanacker : S. Vismara Ghent University, Ghent, Belgium J. H. Block Universität Witten/Herdecke, Witten, Germany T. Vanacker J. H. Block e-mail: [email protected] Erasmus University Rotterdam, Rotterdam, Netherlands S. Vismara A. Groh e-mail: [email protected] EMLYON Business School, Ecully, France e-mail: [email protected] T.
  • The Taxonomy of Crowdfunding an Actualized Overview of the Development of Internet Crowdfunding Models

    The Taxonomy of Crowdfunding an Actualized Overview of the Development of Internet Crowdfunding Models

    Examensarbete 15 högskolepoäng, grundnivå The taxonomy of Crowdfunding An actualized overview of the development of internet crowdfunding models Fredrik Tillberg Examen: Kandidatexamen 180 hp Examinator: Johan Salo Huvudområde: Medieteknik Handledare: Henriette Lucander Datum för slutseminarium: 2019-06-03 The taxonomy of crowdfunding Abstract Crowdfunding challenges century long boundaries between the public, the industry and innovation. In that respect the phenomenon holds the potential to decentralize and democratize the way ventures are financed and realized. Crowdfunding has seen a lot of exiting developments during the last few years, partly because of new crowdfunding platforms emerging on the internet, and partly because of new ground-breaking technology being used for funding purposes. Meanwhile research has not quite catched up with the recent developments of different models for crowdfunding. This study’s aim is therefor to give an comprehensive overview of the different models of crowdfunding that are being utilized by crowdfunding platforms on the internet today. A deductive content analysis has been made of 67 current crowdfunding platforms. The platforms have been analysed in order to determine what model of crowdfunding they utilize. The result has, apart from partly confirming prior studies, also produced new exiting findings on what mechanisms constitute some of the crowdfunding models we see today. A new taxonomy of crowdfunding models is discussed and proposed. The conclusion is that the need for a updated taxonomy, like the one this study provides, was well needed in order to understand the field. One important finding is that blockchain technology has produced a new form of crowdfunding through cryptocurrency: Initial coin offering.
  • Crowdfunding and Global Health Disparities: an Exploratory Conceptual and Empirical Analysis Nora J

    Crowdfunding and Global Health Disparities: an Exploratory Conceptual and Empirical Analysis Nora J

    Kenworthy Globalization and Health 2019, 15(Suppl 1):71 https://doi.org/10.1186/s12992-019-0519-1 RESEARCH Open Access Crowdfunding and global health disparities: an exploratory conceptual and empirical analysis Nora J. Kenworthy From The Political Origins of Health Inequities and Universal Health Coverage Oslo, Norway. 01-02 November 2018 Abstract Background: The use of crowdfunding platforms to cover the costs of healthcare is growing rapidly within low-, middle-, and high-income countries as a new funding modality in global health. The popularity of such “medical crowdfunding” is fueled by health disparities and gaps in health coverage and social safety-net systems. Crowdfunding in its current manifestations can be seen as an antithesis to universal health coverage. But research on medical crowdfunding, particularly in global health contexts, has been sparse, and accessing robust data is difficult. To map and document how medical crowdfunding is shaped by, and shapes, health disparities, this article offers an exploratory conceptual and empirical analysis of medical crowdfunding platforms and practices around the world. Data are drawn from a mixed-methods analysis of medical crowdfunding campaigns, as well as an ongoing ethnographic study of crowdfunding platforms and the people who use them. Results: Drawing on empirical data and case examples, this article describes three main ways that crowdfunding is impacting health equity and health politics around the world: 1) as a technological determinant of health, wherein data ownership, algorithms and platform politics influence health inequities; 2) as a commercial determinant of health, wherein corporate influence reshapes healthcare markets and health data; 3) and as a determinant of health politics, affecting how citizens view health rights and the future of health coverage.
  • Expert Focus

    Expert Focus

    FOCUS 2019 I 3 EXPERT EXPERT FOCUS Schweizerische Zeitschrift für Wirtschaftsprüfung, Steuern, Rechnungswesen und Wirtschaftsberatung Revue suisse pour l’audit, la fiscalité, la comptabilité et le conseil économique Spezialnummer : Philanthropie Numéro spécial : Philanthropie Personalized Philanthropy Investment-Readiness of Non-Profit Organisations Blockchain and Philanthropy Sustainability Footprinting as a Tool to implement Mission-Related Investing Profit and Non-Profit Purposes Gewinnorientierte und gemeinnützige Zwecke Utilité publique et activité économique Philanthropie et TVA 3 I 2019 www.expertfocus.ch www.expertsuisse.ch EXPERTsuisse Treuhandtagung 2019 Treuhandunternehmen zukunftsfähig machen 11. April 2019 (Zürich, ganztags) In diesem Jahr fragen wir uns, wie Treuhandunternehmen den technologischen Veränderungen, die unter dem Stichwort «Digitalisierung» zunehmend auch das Finanz- und Rechnungswesen durchdringen, begegnen können. Wir fragen weiter, was dies im Hinblick auf das Mandatsmanagement, die Kollaboration mit dem Kunden und für die Mitarbeitergewinnung und -führung bedeutet. Die Fachtagung soll dabei einen ungezwungenen Austausch innerhalb der Treu- handbranche sowie zu Vertretern von EXPERTsuisse ermöglichen. Tagungsleiter Thomas Koller, dipl. Treuhandexperte, Präsident Fachbereich Treuhand/Wirtschaftsberatung von EXPERTsuisse, Verwaltungsratspräsident und Partner, OBT AG, Zürich Melden Sie sich noch heute an: www.expertsuisse.ch/weiterbildungskalender EXPERTsuisse_Treuhandtagung_2019_Inserat_A4_EF_CC15.indd 1 17.01.19 13:35 EDITORIAL / ÉDITORIAL UN REGARD NEUF SUR LA PHILANTHROPIE Le pari de faire le point sur la belle réus- disruption ne s’arrête pas au contexte des entreprises, de site du Centre en philanthropie de nos institutions politiques et publiques, de la société, et où l’Université de Genève, lieu d’échanges notre mode de penser et de fonctionner sera profondément et d’innovation dans un domaine en impacté par ces changements, le philanthrope fait entrevoir pleine mutation, semble gagné.
  • Change & Transformation Specialists for the Financial Services Industry

    Change & Transformation Specialists for the Financial Services Industry

    aps ASSURANCE PROGRAMME SOLUTIONS CHANGE & TRANSFORMATION SPECIALISTS FOR THE FINANCIAL SERVICES INDUSTRY Digital Transformation & Innovation March 2019 APS: Disruption has happened across the board with no signs of stopping Digital spend continues to Startups and FinTechs Everyone (end increase continue to proliferate everything) is constantly connected • c. $2trillion will be spent on • There are now more than 8,000 • 80% of us check the phone Digital Transformation in 2019 - Fintech companies globally – within 15 mins of waking and more than half of this will be on 4000 of these in the UK and US 90% keep it within 3ft of us - day Workplace initiatives and Op (INSEAD) and night (IDC) Model transformation (IDC) • In the UK $1.8bn (£1.3bn) of • Approximately 40m messages/ • Within investment management cash went into Fintechs in 2017, minute sent on What’s App 68% are planning to invest more a rise of more than 150 per cent (WhatsApp) into their websites with 49% on 2016 and a bigger increase • 6.4 billion connected things in planning to spend the same as than either the US or China. 2016, up 30 percent from 2015 on security issues (Kurtosys) with an estimated 20.8 billion by 2020 (Gartner) 2 APS: 4 key trends are driving Organisations to innovate Changing Customer Expectations Today’s customers have completely different expectations set by ‘Silicon Valley’ companies -- they want Flexible Technology and Data access wherever they are, Increased and improved whenever they want and on connectivity of data whatever device (or channel); facilitates real time analytics combined with simplicity, based on accurate data, transparency, engaging and while Cloud and SaaS relevant content; and a greater solutions can enable Asset say over how their money is Managers to build flexible managed.
  • Downloads/2019/01/2019-NP- Employment-Report FINAL 1.8.2019.Pdf

    Downloads/2019/01/2019-NP- Employment-Report FINAL 1.8.2019.Pdf

    )ORULGD6WDWH8QLYHUVLW\/LEUDULHV Economics Of Philanthropy-evidence From Health Crowdfunding Juliane Proelss, Denis Schweizer and Tingyu Zhou The publisher's version of record is availible at https://doi.org/10.1007/s11187-020-00336-w Follow this and additional works at DigiNole: FSU's Digital Repository. For more information, please contact [email protected] Economics of Philanthropy— Evidence from Health Crowdfunding** Small Business Economics, Forthcoming Juliane Proelss,* Denis Schweizer,† and Tingyu Zhou‡ Abstract This paper is the first comprehensive empirical study on the economics of health crowdfunding (HCF) campaigns. We develop a new theoretical framework that focuses on the channels Donor-Patient-Psychology and Donor-Donor-Psychology to examine campaign funding speed. Our data highlight that, on average, campaign funding goals are achieved more rapidly if the patient is an infant girl, and if campaign descriptions are more comprehensive but less technical (easier to read). Furthermore, campaigns begun around holidays are funded more quickly, with the highest funding speed found for Christian holidays. We posit that this indicates a “warm-glow” effect. Examining donations controlling for campaign fixed effects, we document strong and economically significantly negative donor-to-donor peer effects, where contributions by donors with public profiles may be crowded out by the previous contributions of their peers. Keywords: Altruism, Charity, Crowdfunding, Developing Countries, Fundraising, Health Care, Medicine, Philanthropy, Voluntary Contributions JEL Classification: G21, I15, R30 * Concordia University, Assistant Professor of Finance, John Molson School of Business Building, 1450 Guy, Montreal, Quebec, Canada H3H 0A1, Phone: +1 514-848-2424, ext. 2242, Fax: +1-514-848-4500, Email: [email protected].