Review on Social Welfare Crowdfunding in China Based on PEST-SWOT Model

Research shows that social welfare crowdfunding is in the rising stage of development in China, showing a vigorous development trend. Social welfare crowdfunding owns advantages such as accuracy and efficiency that traditional social welfare forms do not have, but problems including imperfect releva...

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Main Authors: Jing Liang, Ao Chen
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/2537050
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author Jing Liang
Ao Chen
author_facet Jing Liang
Ao Chen
author_sort Jing Liang
collection DOAJ
description Research shows that social welfare crowdfunding is in the rising stage of development in China, showing a vigorous development trend. Social welfare crowdfunding owns advantages such as accuracy and efficiency that traditional social welfare forms do not have, but problems including imperfect relevant policies and regulations, lack of supervision of social welfare crowdfunding platform, and low process transparency still exist. From the perspective of PEST-SWOT model, this paper sums up the research trends and development status of social welfare crowdfunding, deconstructs the strengths, weaknesses, opportunities, and threats faced by social welfare crowdfunding from the aspects of politics, economy, society, and technology, and puts forward a feasible analysis of relevant development strategies to provide a reference for its future sustainable development.
format Article
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institution Kabale University
issn 1076-2787
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publishDate 2021-01-01
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series Complexity
spelling doaj-art-1e3226ecaae44497a29bddb79ba320922025-02-03T05:51:12ZengWileyComplexity1076-27871099-05262021-01-01202110.1155/2021/25370502537050Review on Social Welfare Crowdfunding in China Based on PEST-SWOT ModelJing Liang0Ao Chen1Wuhan University of Technology, Wuhan, ChinaWuhan University of Technology, Wuhan, ChinaResearch shows that social welfare crowdfunding is in the rising stage of development in China, showing a vigorous development trend. Social welfare crowdfunding owns advantages such as accuracy and efficiency that traditional social welfare forms do not have, but problems including imperfect relevant policies and regulations, lack of supervision of social welfare crowdfunding platform, and low process transparency still exist. From the perspective of PEST-SWOT model, this paper sums up the research trends and development status of social welfare crowdfunding, deconstructs the strengths, weaknesses, opportunities, and threats faced by social welfare crowdfunding from the aspects of politics, economy, society, and technology, and puts forward a feasible analysis of relevant development strategies to provide a reference for its future sustainable development.http://dx.doi.org/10.1155/2021/2537050
spellingShingle Jing Liang
Ao Chen
Review on Social Welfare Crowdfunding in China Based on PEST-SWOT Model
Complexity
title Review on Social Welfare Crowdfunding in China Based on PEST-SWOT Model
title_full Review on Social Welfare Crowdfunding in China Based on PEST-SWOT Model
title_fullStr Review on Social Welfare Crowdfunding in China Based on PEST-SWOT Model
title_full_unstemmed Review on Social Welfare Crowdfunding in China Based on PEST-SWOT Model
title_short Review on Social Welfare Crowdfunding in China Based on PEST-SWOT Model
title_sort review on social welfare crowdfunding in china based on pest swot model
url http://dx.doi.org/10.1155/2021/2537050
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AT aochen reviewonsocialwelfarecrowdfundinginchinabasedonpestswotmodel