Crowdfunding in China - pr_35297

Crowdfunding in China

A New Institutional Economics Approach

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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.

Product code: 9783319972527

ISBN 9783319972527
Dimensions (HxWxD in mm) H235xW155
Series Contributions to Management Science
Edition 1st ed. 2019
No. Of Pages 252
Publisher Springer International Publishing AG
China is currently the front-runner on the global crowdfunding market, even though this form of financing originated in the USA. 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.