Crowdfunding in China A New Institutional Economics Approach
China is currently the front-runner on the global crowdfunding market, even though this form of financing originated in the USA. Crowdfunding in China, however, differs significantly from its counterpart in the West. This book reveals that Chinese crowdfu
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Andrea S. Funk
Crowdfunding in China A New Institutional Economics Approach
Contributions to Management Science
More information about this series at http://www.springer.com/series/1505
Andrea S. Funk
Crowdfunding in China A New Institutional Economics Approach
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Andrea S. Funk University of W¨urzburg W¨urzburg, Germany
a.t.: Würzburg, Univ., Diss., 2018 ISSN 1431-1941 ISSN 2197-716X (electronic) Contributions to Management Science ISBN 978-3-319-97252-7 ISBN 978-3-319-97253-4 (eBook) https://doi.org/10.1007/978-3-319-97253-4 Library of Congress Control Number: 2018954487 © Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
To my dad who has enabled me to realise all my dreams.
Acknowledgements
I would like to thank all the people who have supported me over the last few years to realise this project. First and foremost, I would like to thank my supervisor Prof. Dr. Doris Fischer, who has always encouraged me to follow my interests and who enabled me to realise my own research project and simultaneously develop my personality. Secondly, I would like to thank Prof. Dr. Peter Bofinger for his openness on China-related topics and his readiness to assess my thesis. Thirdly, I would like to thank the University of Wuerzburg and my colleagues at the Institute of East and South Asian Cultural Studies for providing me a welcoming working atmosphere. Amongst these, I am particularly grateful to Maximilian Dullo, who served as my sparring partner for all kinds of issues. Fourthly, I thank Rune Steenberg, who introduced me to the theory of financialisation. Besides, I would like to thank my research peers and interview partners, who have shared my passio
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