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http://dx.doi.org/10.5850/JKSCT.2020.44.1.175

Development of Fashion Product Entrepreneurship Education Process for Crowdfunding (Part I) -Focusing on Wadiz Rewards-based Crowdfunding-  

Lee, Jungho (Dept. of Fashion Design & Marketing, Seoul Women's University)
Kwon, Hajin (Dept. of Fashion Design & Marketing, Seoul Women's University)
Publication Information
Journal of the Korean Society of Clothing and Textiles / v.44, no.1, 2020 , pp. 175-191 More about this Journal
Abstract
This study proposes an entrepreneurship education process for fashion product start-ups through rewards-based crowdfunding. It examines issues such as: the general concept of crowdfunding and the pros and cons of rewards-based crowdfunding, the detailed curriculum plans in a chronological order for the regular class development, and the presentation of a visual plan to show the whole process. An entrepreneurship education process is developed in 13 steps: research on crowdfunding market, prototype plan, prototype production, story development, visual contents development, rewards development, project evaluation, public schedule & service setting, period setting & start funding, community management (Q&A), funding ends & deposit, complete manufacturing & start delivering, and the final information disclosure & open the next project plan. This research is intended to investigate rewards-based crowdfunding as a new paradigm of entrepreneurship and apply entrepreneurship education in fashion product development. However, it is limited to studying the Wadiz crowdfunding platform in Korea. Therefore, we propose a case study on various crowdfunding platforms in Korea, a case study on entrepreneurial curriculum application, and a follow-up study on the possibility of entry into an overseas crowdfunding platform.
Keywords
Crowdfunding; Entrepreneurship education; Reward-based crowdfunding; Wadiz;
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