k 2018

Crowdfunding as a strategy for nonprofit sustainability in the Czech Republic

VACEKOVÁ, Gabriela, Lucia MAKÝŠOVÁ, Jana SOUKOPOVÁ and Vladislav VALENTINOV

Basic information

Original name

Crowdfunding as a strategy for nonprofit sustainability in the Czech Republic

Authors

VACEKOVÁ, Gabriela (703 Slovakia, guarantor, belonging to the institution), Lucia MAKÝŠOVÁ (703 Slovakia, belonging to the institution), Jana SOUKOPOVÁ (203 Czech Republic, belonging to the institution) and Vladislav VALENTINOV (276 Germany)

Edition

13th ISTR International Conference, 2018

Other information

Language

English

Type of outcome

Prezentace na konferencích

Field of Study

50202 Applied Economics, Econometrics

Country of publisher

Netherlands

Confidentiality degree

není předmětem státního či obchodního tajemství

RIV identification code

RIV/00216224:14560/18:00104396

Organization unit

Faculty of Economics and Administration

Keywords in English

strategy; financial sustainability; nonprofit sector

Tags

International impact, Reviewed
Změněno: 2/4/2019 14:38, Mgr. Daniela Marcollová

Abstract

V originále

The present paper explores an innovative strategy of financial sustainability in the Czech nonprofit sector. This strategy is crowdfunding which has so far attracted little scholarly attention in the Czech context. Based on the data from 606 projects stemming from the Czech crowdfunding platform Hithit while using a binary logistic regression the paper aims to analyze the factors that affect the level of a campaign’s overfunding rate and to determine whether these factors are consistent between different forms of project creators, and to determine, whether the structure of successful project creators actually deviates from what one could expect given the structure of the Czech economy. This is enhanced by the analysis of the importance of crowdfunding relative to other funding sources of the nonprofit sector, further related to the extent conjectures or hypotheses about the relative state of development of donation-based and alternative crowdfunding models in relation to nonprofit sustainability.

Links

MUNI/A/1018/2017, interní kód MU
Name: New Public Governance, co-production and hybridity phenomenon
Investor: Masaryk University, Category A
Displayed: 28/10/2024 19:38