Affiliation:
1. NEOMA Business School, France
2. Burgundy School of Business, France
Abstract
As alternative source of financing, microfinance and crowdfunding organizations are increasingly relying on commitment, compliance and cooperation among individuals, groups, and communities. In considering the extraordinary growth of the market for microfunding and microlending in recent years, this article aims to investigate a number of important questions. Can the conventional rule of social collateral applied to group lending be replicated in online crowdfunding? What are the institutional, social and organizational requirements in order to transpose the social collateral model of solidarity and responsibility to heterogeneous online crowdfunding and microlending platforms? What would be the implications for borrowers and lenders in terms of group compliance, collaboration and cooperation? By highlighting the differences and similarities between microfinance and crowdfunding structures, the article seeks to provide a broad comparative framework for analyzing different patterns of behavior in communities, organizations and networks that engage in crowdfunding and microlending activities.
Reference53 articles.
1. Group Size and Social Ties in Microfinance Institutions
2. Amit, R., & Zott, C. (2002). Value Drivers of e-Commerce Business Models. In M. A. Hitt (Ed.), Creating Value. Retrieved from http://www.blackwellreference.com/subscriber/tocnode?id=g9780631235118_chunk_g97806312351184
3. Effects of Group Pressure on the Modification and Distortion of Judgments;S. E.Asch;Groups, Leadership, and Men,1951
Cited by
4 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献