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International Perspectives on Crowdfunding: Positive, Normative and Critical Theory

International Perspectives on Crowdfunding: Positive, Normative and Critical Theory.


Jerome Meric, University of Poitiers, France
Julienne Brabet, University of Paris, France
Isabelle Maque, University of Poitiers, France


Crowdfunding as an entrepreneurial phenomenon substitutes traditional sources of finance (banks, financial markets, governments) for the crowd. Socially and economically, it is challenging the traditional boundaries that have been set for centuries between industry, the financial sector, and the public. Though its basic principle cannot be considered as a radical innovation, crowdfunding as a rapidly growing practice calls for renewed management, legal, and governance patterns.
Descriptive inquiries on how to do it are multiplying but crowdfunding remains a fuzzy subject for research and reflexivity. This book gathers the best recent research outcomes on the managerial and social impact of this new practice.

Brief Table of Contents:


Preliminary chapter - cartography of academic literature on crowdfunding Bouaiss et al 
Part One Positive Crowdfunding Theory - Micro-Economic Underpinnings, Contingency Factors and Regulation Issues
An industrial organization framework to understand the strategies of crowdfunding platforms Belleflamme & Lambert
Equity crowdfunding in Africa - how can investment micro-behaviours make the crowdfunding macro-system work? Peter & Oruezabala
Crowdfunding - how and why people participate Gerber & Hui
Crowdfunding for social enterprises - an exploratory analysis of the Italian context Balboni et al 
Crowdfunding legal framework - an international analysis Juredieu & Mayoux 
Part Two Normative Crowdfunding Theory - Models, Modes and Contexts 
Creating project legitimacy - the role of entrepreneurial narrative in reward-based crowdfunding Frydrych et al
Crowd lending as a socially innovative corporate financial instrument San-Jose & Retolaza
A social network approach for crowdfunding Verschoore & Zuquetto
The investment model of crowdfunding for MSME in India Srivastava
Is crowdfunding Shariah compliant? Nivoix & Ouchrif
Part Three Critical Crowdfunding Theory - Social, Legal and Economic Impacts Crowdfunding in present society - deconstructing the zeitgeist Meric
Equity-based crowdfunding - allowing the masses to take a slice of the pie Stemler Crowdfunding seen through the lens of the psychological contract Jardat & Pesqueux

Book Information

ISBN Print: 9781785603150
ISBN Electronic: 9781785603143
Publication Date: 29 April 2016
Format print: Hardback
Imprint: Emerald Group Publishing
Page count: 440
Dimensions: 152 x 229
Audience: Professional & Scholarly

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