Assessing the Maturity of Crowdfunding and Alternative Finance Markets
Publication date
2021-08-01
Authors
Wenzlaff, Karsten
Odorovic, Ana
Kleverlaan, Ronald
Ziegler, Tania
Editors
Lenart-Gansiniec, Regina
Chen, Jin
Advisors
Supervisors
Document Type
Part of book
Metadata
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License
taverne
Abstract
In order to assess how public authorities and crowdfunding platforms can collabo-rate, it is essential to understand the different levels of maturity of the Crowdfunding ecosystem. The chapter analyses concepts developed in the crowdfunding literature. It establishes a unified framework to understand the increasing complexity of crowdfunding industries, by discussing the conceptual framework of Crowdfunding success. It proceeds to describe several models of maturity of industries by applying entrepreneurial ecosystem theory to the alternative finance space. Lastly, it transfers entrepreneurial ecosystem theory to the alternative finance regulation and the four scenarios of fitting crowdfunding and alternative finance into existing regulation.
Keywords
crowdfunding, Crowdfunding platform, alternative finance, regulation, maturity, ecosystem, Taverne, SDG 8 - Decent Work and Economic Growth
Citation
Wenzlaff, K, Odorovic, A, Kleverlaan, R & Ziegler, T 2021, Assessing the Maturity of Crowdfunding and Alternative Finance Markets. in R Lenart-Gansiniec & J Chen (eds), Crowdfunding in the Public Sector.: Theory and Best Practices. Contributions to Finance and Accounting , Springer, pp. 65-75. https://doi.org/10.1007/978-3-030-77841-5_4