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An Analysis of a Crowdfunding System in North Africa Based on the Actor-Network Theory

Khaoula Behi (), Nivedita Agarwal () and Alexander Brem
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Khaoula Behi: Friedrich-Alexander-Universität Erlangen-Nuremberg
Nivedita Agarwal: Friedrich-Alexander-Universität Erlangen-Nürnberg

International Journal of Global Business and Competitiveness, 2020, vol. 15, issue 1, No 3, 23-34

Abstract: Abstract In contrast to developed nations, where the crowdfunding system is well established, in developing regions of Asia and especially Africa, this system is still in its infancy. As a step to address this discrepancy, two crowdfunding systems from the North African region are analyzed through the specific translation phases of the actor-network theory. This study identifies nine key actors in the crowdfunding system within a North African context and also dichotomizes them into primary and secondary actors based on their role in the development of the network. The study also highlights different technical and regulatory challenges, such as the establishment of legal regulatory framework, restrictions on capital access, and business investment associated with North African crowdfunding systems.

Keywords: Crowdfunding; Actor-network theory; Entrepreneurs; North Africa; Web-platforms (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s42943-020-00007-3

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