International Perspectives on Crowdfunding: Positive, Normative and Critical Theory

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9781785603150: International Perspectives on Crowdfunding: Positive, Normative and Critical Theory
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Crowdfunding as an entrepreneurial phenomenon substitutes traditional sources of finance (banks, financial markets, governments) for the crowd. Socially and economically, it is challenging the traditional boundaries that have been set for centuries between industry, the financial sector, and the public. Though its basic principle cannot be considered as a radical innovation, crowdfunding as a rapidly growing practice calls for renewed management, legal, and governance patterns.Descriptive inquiries on 'how to do it' are multiplying but crowdfunding remains a fuzzy subject for research and reflexivity. This book gathers the best recent research outcomes on the managerial and social impact of this new practice.The need for theory is three-fold, for both scholars and practitioners. Positive theory is needed to understand how projects are organised, how (and why) they may succeed or fail and how governments consider this new practice and try to regulate it. Normative theory can provide templates and 'recipes' to develop projects, and provide advice on which models are more efficient. Finally, critical theory is needed to consider the social and economic impact of crowdfunding.

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About the Author:

Jérôme Méric - Universite de Poitiers, France
Julienne Brabet - Professeur des Universites, France
Isabelle Maque - Universite de Poitiers, France

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This work for scholars and practitioners considers social, economic, and regulation aspects of crowdfunding. American, European, and international contributors come from fields such as business, economics, management, and entrepreneurship, along with bank regulation, digital media, social technologies, and finance. They look at crowdfunding from the perspectives of positive theory, normative theory, and critical theory. The book begins with a detailed overview of key questions and recent literature in the field. The rest of the book is divided into three sections addressing three theoretical perspectives. Some subjects discussed include equity crowdfunding in Africa, crowdfunding for social enterprises, sharia and crowdfunding, crowdfunding for microenterprises in India, and social, legal, and economic impacts of crowdfunding. Distributed in North America by Turpin Distribution. --Annotation ©2016 Ringgold Inc. Portland, OR (protoview.com)

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Book Description Emerald Publishing Limited, United Kingdom, 2016. Hardback. Condition: New. Language: English. Brand new Book. Crowdfunding as an entrepreneurial phenomenon substitutes traditional sources of finance (banks, financial markets, governments) for the crowd. Socially and economically, it is challenging the traditional boundaries that have been set for centuries between industry, the financial sector, and the public. Though its basic principle cannot be considered as a radical innovation, crowdfunding as a rapidly growing practice calls for renewed management, legal, and governance patterns. Descriptive inquiries on "how to do it" are multiplying but crowdfunding remains a fuzzy subject for research and reflexivity. This book gathers the best recent research outcomes on the managerial and social impact of this new practice. The need for theory is three-fold, for both scholars and practitioners. Positive theory is needed to understand how projects are organised, how (and why) they may succeed or fail and how governments consider this new practice and try to regulate it. Normative theory can provide templates and "recipes" to develop projects, and provide advice on which models are more efficient. Finally, critical theory is needed to consider the social and economic impact of crowdfunding. Seller Inventory # LIB9781785603150

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