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

Authors :
Svidroňová, Mária Murray
Vaceková, Gabriela
Plaček, Michal
Matulová, Markéta
Hrůzová, Lucia
Harringová, Lenka
Source :
Applied Economics Letters; May2021, Vol. 28 Issue 9, p748-754, 7p, 5 Charts
Publication Year :
2021

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. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
13504851
Volume :
28
Issue :
9
Database :
Complementary Index
Journal :
Applied Economics Letters
Publication Type :
Academic Journal
Accession number :
149806249
Full Text :
https://doi.org/10.1080/13504851.2020.1776828