Alternative non-profit funding methods: crowdfunding in the Czech Republic and Slovakia

Mária Murray Svidroňová, Gabriela Vaceková, Michal Plaček, Markéta Matulová, Lucia Hrůzová and Lenka Harringová

Applied Economics Letters, 2021, vol. 28, issue 9, 748-754

Abstract: The paper presents a view of the crowdfunding phenomenon in the Czech Republic and Slovakia, identifying factors that determine the success of non-profits on crowdfunding platforms operating in two (post-) Communist CEE countries in terms of the two-sided market theory. The main finding is that the status of a project creator does not significantly affect the probability of project overfunding, which implies that the projects created by non-profits do not have a higher likelihood of being overfunded, though this may differ between the studied countries.

Date: 2021
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DOI: 10.1080/13504851.2020.1776828

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