Profitable Nonprofits? Reward-Based Crowdfunding in the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F17%3A00098171" target="_blank" >RIV/00216224:14560/17:00098171 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.1515/nispa-2017-0019" target="_blank" >http://dx.doi.org/10.1515/nispa-2017-0019</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1515/nispa-2017-0019" target="_blank" >10.1515/nispa-2017-0019</a>

Result language

angličtina

Original language name

Profitable Nonprofits? Reward-Based Crowdfunding in the Czech Republic

Original language description

The paper deals with crowdfunding as a new and alternative mechanism of nonprofit funding which has thus far attracted little scholarly attention in the Czech context. It focuses on the factors that affect a campaign’s overfunding rate and determines whether these factors are consistent among different forms of project creators. A comprehensive analysis of reward-based crowdfunding in the Czech Republic was conducted based on the data from 617 projects using the Czech crowdfunding platform Hithit that were categorized according to the status of the project creator. Using binary logistic regression, a statistic estimation on an overall sample and on a sample of purely nonprofit projects was executed in order to observe if the outcomes differ. The key empirical finding is that NGOs tend to raise fewer additional funds than other forms of project creators. Except for certain specific factors, the effects of the examined factors were consistent across all samples. This new and innovative approach to resource insufficiency by using alternative funding sources presents an important and unexplored research gap in the (post-) transitive context of nonprofit sector studies, enabling a view of policy implications for Czech NGOs.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50200 - Economics and Business

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

NISPAcee Journal of Public Administration and Policy

ISSN

1337-9038

e-ISSN

—

Volume of the periodical

10

Issue of the periodical within the volume

2

Country of publishing house

SK - SLOVAKIA

Number of pages

25

Pages from-to

203-227

UT code for WoS article

000419980700010

EID of the result in the Scopus database

2-s2.0-85041598281