Crowdfunding: principles, trends and issues

Stéphane Onnee () and Sophie Renault ()
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Stéphane Onnee: VALLOREM - Val de Loire Recherche en Management - UO - Université d'Orléans - UT - Université de Tours
Sophie Renault: VALLOREM - Val de Loire Recherche en Management - UO - Université d'Orléans - UT - Université de Tours

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Abstract: This chapter reports on the crowdfunding phenomenon and expounds its principles, trends and issues. Based on analyses of primary and secondary French data, we illustrate and discuss the recent academic literature on crowdfunding. We stress the relationships between crowdfunding and crowdsourcing. The advantages and disadvantages of crowdfunding are also presented. We show that crowdfunding is an ecosystem still under construction. We rely on ‘multisided platform theory' to explain the strategies implemented by competing platforms and give some prescriptions to mobilize a crowd and to finance a project successfully.

Date: 2015
Note: View the original document on HAL open archive server: https://hal.science/hal-01712731
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Published in F. Xavier Olleros and Majlinda Zhegu. Handbook of Research on Digital Transformations, Editions Edward Elgar, pp.313-334, 2015, 9781784717759. ⟨10.4337/9781784717766.00023⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01712731

DOI: 10.4337/9781784717766.00023

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