Research Handbook on Digital Transformations
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Research Handbook on Digital Transformations

Edited by F. Xavier Olleros and Majlinda Zhegu

The digital transition of our economies is now entering a phase of broad and deep societal impact. While there is one overall transition, there are many different sectoral transformations, from health and legal services to tax reports and taxi rides, as well as a rising number of transversal trends and policy issues, from widespread precarious employment and privacy concerns to market monopoly and cybercrime. They all are fertile ground for researchers, as established laws and regulations, organizational structures, business models, value networks and workflow routines are contested and displaced by newer alternatives. This Research Handbook offers a rich and interdisciplinary synthesis of some of the current thinking on the digital transformations underway.
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Chapter 15: Crowdfunding: principles, trends and issues

Stéphane Onnée and Sophie Renault


This chapter reports on the crowdfunding phenomenon and expounds its principles, trends and issues. Based on analyses of primary and secondary French data, we illustrate and discuss the recent academic literature on crowdfunding. We stress the relationships between crowdfunding and crowdsourcing. The advantages and disadvantages of crowdfunding are also presented. We show that crowdfunding is an ecosystem still under construction. We rely on ‘multisided platform theory’ to explain the strategies implemented by competing platforms and give some prescriptions to mobilize a crowd and to finance a project successfully.

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