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An Analysis of a Crowdfunding System in North Africa Based on the Actor-Network Theory

Author

Listed:
  • Khaoula Behi

    (Friedrich-Alexander-Universität Erlangen-Nuremberg)

  • Nivedita Agarwal

    (Friedrich-Alexander-Universität Erlangen-Nürnberg)

  • Alexander Brem

    (University of Stuttgart
    University of Southern Denmark)

Abstract

In contrast to developed nations, where the crowdfunding system is well established, in developing regions of Asia and especially Africa, this system is still in its infancy. As a step to address this discrepancy, two crowdfunding systems from the North African region are analyzed through the specific translation phases of the actor-network theory. This study identifies nine key actors in the crowdfunding system within a North African context and also dichotomizes them into primary and secondary actors based on their role in the development of the network. The study also highlights different technical and regulatory challenges, such as the establishment of legal regulatory framework, restrictions on capital access, and business investment associated with North African crowdfunding systems.

Suggested Citation

  • Khaoula Behi & Nivedita Agarwal & Alexander Brem, 2020. "An Analysis of a Crowdfunding System in North Africa Based on the Actor-Network Theory," International Journal of Global Business and Competitiveness, Springer, vol. 15(1), pages 23-34, June.
    • Handle: RePEc:spr:ijogbc:v:15:y:2020:i:1:d:10.1007_s42943-020-00007-3
    DOI: 10.1007/s42943-020-00007-3
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    References listed on IDEAS

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    Cited by:

    1. Henri Teittinen & Markku Kaperi, 2022. "Exploring dishonest vulnerability in digital finance platforms ? an actor?network theory approach," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 10(2), pages 67-79, November.

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