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

Authors

MURRAY SVIDROŇOVÁ Mária VACEKOVÁ Gabriela PLAČEK Michal MATULOVÁ Markéta HRŮZOVÁ Lucia HARRINGOVÁ Lenka

Year of publication 2020
Type Article in Periodical
Magazine / Source Applied Economics Letters
MU Faculty or unit

Faculty of Economics and Administration

Citation
Web https://doi.org/10.1080/13504851.2020.1776828
Doi http://dx.doi.org/10.1080/13504851.2020.1776828
Keywords NGO, crowdfunding, Czech Republic, Slovakia
Description 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.
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