Crowdfunding in China: turmoil of global leadership

Liang Zhao; Yuanqing Li

doi:10.1007/978-3-030-46309-0_12

Crowdfunding in China: turmoil of global leadership

Liang Zhao^*, Yuanqing Li

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Chapter

15 Citations (Scopus)

6 Downloads (Pure)

Abstract

This chapter offers a comprehensive review and explanation of crowdfunding in China. It first extensively describes the status of crowdfunding in China by presenting the market facts, insights, and current regulations of the four main crowdfunding models (reward-based, equity-based, loan-based, and donation-based) respectively. Next, through a detailed up-to-date literature review of the key literature of Chinese crowdfunding, three main research streams are summarized and discussed covering success drivers, comparative studies of Chinese versus other contexts of crowdfunding practice, and applications of crowdfunding for creative and sustainability projects. Finally, both practical and research implications are presented together with the challenges and future research directions on crowdfunding in China.

Original language	English
Title of host publication	Advances in Crowdfunding
Subtitle of host publication	Research and Practice
Editors	Rotem Shneor, Liang Zhao, Bjørn-Tore Flåten
Publisher	Springer International Publishing AG
Pages	273-296
Number of pages	24
ISBN (Electronic)	9783030463090
ISBN (Print)	9783030463083, 978-3-030-46311-3
DOIs	https://doi.org/10.1007/978-3-030-46309-0_12
Publication status	Published - 11 Aug 2020
Externally published	Yes

Keywords

China
Donation crowdfunding
Equity crowdfunding
Loan-based crowdfunding
Market development
Regulation
Reward crowdfunding

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10.1007/978-3-030-46309-0_12Licence: CC BY 4.0

Zhao-and-Li-Crowdfunding-in-China-Turmoil-of-Global-LeadershipFinal published version, 442 KBLicence: CC BY 4.0

Cite this

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Crowdfunding in China: turmoil of global leadership

Abstract

Keywords

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Advances in Crowdfunding: Research and Practice

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