Crowdfunding in China
A New Institutional Economics Approach
Authors: Funk, Andrea S.
Free Preview- Presents an in-depth overview of the crowdfunding landscape in China
- Shows how WeChat crowdfunding and E-commerce crowdfunding have become game changers in informal finance
- Analyzes data gathered from the field and case studies to draw implications for institutions in China
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- About this book
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China is currently the front-runner on the global crowdfunding market, even though this form of financing originated in the USA. Crowdfunding in China, however, differs significantly from its counterpart in the West. This book reveals that Chinese crowdfunding is a product of the country’s dynamic internet sector, which is based on mobile internet, e-commerce, and online/mobile payments, together with significant government support. The author presents a comprehensive theoretical, empirical and field-based work on crowdfunding in China. Adopting a new institutional economics approach, it maps and deciphers the origins and paths of informal finance that have led to internet finance and the rise of crowdfunding platforms. In addition, three case studies are analyzed and their implications for crowdfunding stakeholders in China are discussed.
- About the authors
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Andrea S. Funk is an Economist and Sinologist by profession, and a founder and entrepreneur by passion. She received her doctorate from the faculty of China Business and Economics at the University of Würzburg (Germany). She has previously contributed to the book "Crowdfunding in Europe" (Springer, 2016), apart from her other publications.
- Table of contents (7 chapters)
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The Matter of Crowdfunding in China
Pages 1-10
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Crowdfunding in the Context of New Institutional Economics
Pages 11-50
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The Concept of Crowdfunding in the West Versus in China
Pages 51-93
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From Informal Finance to Internet Finance in China
Pages 95-147
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Crowdfunding in China
Pages 149-198
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Table of contents (7 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Crowdfunding in China
- Book Subtitle
- A New Institutional Economics Approach
- Authors
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- Andrea S. Funk
- Series Title
- Contributions to Management Science
- Copyright
- 2019
- Publisher
- Springer International Publishing
- Copyright Holder
- Springer Nature Switzerland AG
- eBook ISBN
- 978-3-319-97253-4
- DOI
- 10.1007/978-3-319-97253-4
- Hardcover ISBN
- 978-3-319-97252-7
- Series ISSN
- 1431-1941
- Edition Number
- 1
- Number of Pages
- XX, 252
- Number of Illustrations
- 5 b/w illustrations, 31 illustrations in colour
- Topics