FINANCE. TAXES. CREDIT УДК 338.2 JEL: DYBA Mykhailo1, GERNEGO Iuliia2 1Kyiv National Economic University named after Vadym Hetman, Research ID : http://www.researcherid.com/rid/https://www.scopus.com/authid/detail.uri?authorId=57204024549 GLOBAL TRENDS AND POTENTIAL OF CROWDFUNDING MARKET DEVELOPMENT IN UKRAINE Increasing globalization trends in today's society have led to the emergence of new requirements for the competitiveness of business entities. Finding additional financial resources for the implementation of social and business projects is of particular importance. Thus, research into the manifestations of crowdfunding, the specifics of the functioning of global, regional and national markets is more in demand. Actualization of the applied aspects of crowdfunding has led to the appearance of a number of studies of the topic in the works of foreign and domestic authors. However, the issues of systematization of the research of the specifics of the functioning and the specific characteristics of the crowdfunding market in modern conditions remain unanswered, which is what determined the purpose of the article. Comparative characteristics of the nature and key types of crowdfunding are substantiated. Clarification of the conceptual apparatus is made in the context of the separation of structural components and functional manifestations of crowdfunding. The trends of the global crowdfunding market are analyzed. The manifestations and characteristics of its regional markets are substantiated, in particular, the specificity of the European crowdfunding market is analyzed. Examples of crowdfunding platforms that form the basis for accelerating the development of Germany's national crowdfunding market are given. The manifestations of crowdfunding in Ukraine are substantiated: examples are given, the specifics of functioning of the largest domestic crowdfunding platforms ("Big Idea" and Na Starte) and in the whole market of crowdfunding are considered. Conclusions have been made regarding the development potential of global and domestic crowdfunding markets. Keywords:crowdfunding; fundraising; social investments; welfare; crowdfunding platform
1. Giles M. Friends indeed. Megachange: The world in 2020. D. Franklin (Ed.), J. Andrews (Ed.). Moscow, Mann, Ivanov & Ferber, Eksmo, 2013 [in Russian]. 2. Rheingold H.A. Slice of Life in My Virtual Community. Informatik.uk, available at: www.informatik.uk/gnomic/rheingold.html (accessed on: 18.02.2018). 3. Hippel E. Democratizing Innovation, available at: web.mit.edu/evhippel/www/democ1.htm (accessed on: 18.02.2018). 4. Howe J. Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business. Moscow, Alpina Publisher, 2012 [in Russian]. 5. Belleflamme P., Lambert T., Schwienbacher A. Crowdfunding: Tapping the right crowd. Journal of Business Venturing. 2014, Vol. 29, pp. 585-609. doi.org/10.1016/j.jbusvent.2013.07.003 6. Schwienbacher A., Larralde B. Crowdfunding of small entrepreneurial ventures. SSRN Electronic Journal. 2010, available at: papers.ssrn.com/sol3/ Delivery.cfm/SSRN_ID1699183_code301672.pdf (accessed on: 18.02.2018). doi.org/10.2139/ssrn.1699183 7. Mollick E. The dynamics of crowdfunding: An exploratory study. Journal of Bussiness Venturing. 2013, Vol. 29, Iss. 1, pp. 1-16. doi.org/10.1016/j.jbusvent.2013.06.005 |
|
Published since September 1958 |
|||
| Login |
| |||