中文摘要：

众筹是指企业或有创意的个人以互联网平台为载体,面向社会公众,聚合社会资本、智力等资源的融资模式。近年来,众筹逐渐引起学术界的关注和重视,但是关于众筹的研究在国内几乎处于初级阶段,研究基本上局限在众筹的内涵、风险、应对措施等理论方面,缺乏系统性、全面性的文献述评和研究展望。本文在已有研究的基础上,梳理了国内外关于众筹研究的基本现状、重要文献,从众筹出资者、众筹筹资者和众筹中介机构三个维度进行总结和评述,并在各个维度下对参与方的参与动机、项目成功的决定因素、风险与法律框架问题等方面进行梳理与讨论。

英文摘要：

Crowdfunding is a fundraising model which is based on the Internet platform and used by enterprises or individuals that have creative ideas to seek capital,intelligence or other social resources from the public. In recent years,crowdfunding gradually raised academia concerns and attention. While the domestic research about crowdfunding is almost at the initial stage,and it is limited to the theory research about the connotations,risks and countermeasures and is short of systematic and comprehensive literature review and research prospects. This paper introduces the crowdfunding＇s basic status and important literatures at home and abroad,and provides an overview of the crowdfunding from three perspectives（ capital providers,capital seekers,and intermediaries）,in each dimension,we carded and discussed the issues of participation motivation,the determinant factors for success,risks and legal framework in the filed of crowdfunding.