Innovational ways of project funding: theory and practice of crowd-funding

Ekaterina V. Spiridonova1, Anastasia S. Shumovskaya1, Dmitriy S. Soshnikov1
1 Новосибирский государственный технический университет

Journal paper

Russian Journal of Entrepreneurship *
Volume 17, Number 17 (September 2016)
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Abstract:
The search for financial resources of project realization is a relevant problem for most first-time entrepreneurs. Crowd-funding is a modern and increasingly popular instrument for the attraction of financial resources of citizens or the so-called “national funding”. The author explains the definition “crowd-funding” and discusses the mechanism of work of crowd-funding platforms through the example of international and domestic ones. He also reveals certain technologies of successful campaigns and, finally, identifies the development prospects of crowd-funding.

Keywords: innovations, project, funding, crowd-funding

JEL-classification: M13, E22, O30

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