Crowdfunding as a method of attracting investments in the form of platform solutions
Abstract
Article is devoted to analysis of the features of use of crowdfunding as way of investing and attracting investments through specialized Internet resources for the implementation of innovative, social and business projects, which requires special competencies from the authors of projects (recipients) that can influence the adoption of a positive decision by business partners and “donors”. Crowdfunding is viewed as an element of the crowd technology system. Definition of “crowd technology” is given, their characteristic features are highlighted. Scientific approaches to understanding the essence of the concept of “crowdfunding” by foreign and domestic scientists have been systematized. Author’s position has been worked out. Classification of types of crowdfunding is presented, namely donation crowdfunding, reward crowdfunding, debt crowdfunding, equity crowdfunding. Advantages and disadvantages of using crowdfunding in modern business conditions are considered. Analysis of certain provisions of the Russian legislation in relation to investing and raising funds using specialized investment platforms. Statistical data on the volume of transactions concluded in Russia using investment platforms are presented. It is concluded that crowdfunding is an innovative socio-economic tool that can become an effective catalyst for entrepreneurial activity in modern conditions, allowing small and medium-sized businesses to find alternative sources of financing to banks and stimulate non-bank lending methods.
About the Authors
N. I. Khrabrova
Sevastopol Branch of Plekhanov Russian University of Economics
Russian Federation
Russian Federation
PhD in Economics, Associate Professor.
Z. V. Kushkhova
Sevastopol Branch of Plekhanov Russian University of Economics
Russian Federation
Russian Federation
PhD in Economics, Associate Professor.
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Review
For citations:
Khrabrova N.I., Kushkhova Z.V. Crowdfunding as a method of attracting investments in the form of platform solutions. Kazan economic vestnik. 2021;(1):92-97.
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