A Non-Liner Decision Model for Green Crowdfunding Project Success: Evidence from China.

Green growth and environmental sustainability have become a significant focus in today's living. We believe that green crowdfunding project can make an important contribution to the creation and evaluation of environmental systems. This study aims to investigate the determinants of green crowdfunding project success. Contrary to the linear relationship in previous literature, we propose a non-liner decision model that includes three determinants, funds pledge, goal setting, and project duration to predict project success. The quantitative approach method was employed. We crawl data on 1389 green crowdfunding projects from Tencent Lejuan, a crowdfunding platform in China. By using ordinary least square method to conduct data analysis, we find that the effect of goal setting on project success is non-linear as low and moderate levels of goal setting are not always likely to have a significant impact on project success, but the presence of a higher goal is likely to exert a positive effect on project success. Moreover, results show that the effect of project duration on project success is non-linear as short and moderate levels of duration is not always certain to have significant impact on project success, but the presence of a long duration is likely to exert a positive effect on project success. This study has implications for fund-seekers for green crowdfunding projects and managers of crowdfunding platforms.

A Quantitative Assessment of Sustainable Development Based on Relative Resource Carrying Capacity in Jiangsu Province of China.

Unbalanced development is an urgent issue that needs to be resolved in the sustainable development strategy of Jiangsu Province, which inhibits Jiangsu's industrial transformation and upgrading. A relative resource carrying capacity model is extended based on resource carrying capacity to analyze the resource carrying capacity of the different regions of Jiangsu Province. Three indicators of water resources, land resources, and energy resources are included in the natural resources. In social resources, factors of population quality are included in the analysis scope. Based on the improved model, this paper analyzes the relative resource carrying capacity of Jiangsu Province. The results show that: (1) under both traditional resource carrying capacity model and the improved model, Jiangsu Province has a surplus population; however, there is a certain difference between the result from two modules; (2) contributions of environmental resources, economic resources, and social resources to the comprehensive carrying capacity of resources is obviously higher than the contributions of natural resources; and (3) significant regional differences exist in relative resource carrying capacity within Jiangsu Province between the southern region and the middle region, in which the capacity is surplus to the population demand, and the northern region, in which the capacity is overloaded.