TY  - BOOK
AU  - Méric,Jérôme
AU  - Maque,Isabelle
AU  - Brabet,Julienne
TI  - International perspectives on crowdfunding: positive, normative and critical theory 
SN  - 9781785603143 (e-book)
AV  - HG4751 .I58 2016
U1  - 658.15224 23
PB  - Emerald Group Publishing Limited
KW  - Crowd funding
KW  - Business & Economics, Crowdfunding
KW  - bisacsh
KW  - Finance
KW  - bicssc
N1  - Includes bibliographical references and index
N2  - 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
UR  - https://www.emerald.com/insight/publication/doi/10.1108/9781785603143
ER  -