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Issues & Challenges Of Crowdfunding | Assignment

   

Added on  2019-09-23

7 Pages1633 Words60 Views
Global Entrepreneurship Assignment

Table of ContentsAssignment 1..............................................................................................................................2Introduction................................................................................................................................2Discussion of the main academic ideas......................................................................................2Discussion of crowdfunding with real-life examples.................................................................3Conclusion..................................................................................................................................4References.............................................................................................................................6

Assignment 1Title: An Examination of the major issues and challenges of crowdfunding, with special regard to start-up enterprises. IntroductionCrowdfunding is the mechanism of funding a project or a venture through the money borrowed from a large number of investors (Kaplan, 2013). The use of these funds in the establishment of a new venture has been increasing as people are realizing the possibility of higher returns from the new start-ups. There is three important economic entity which plays arole in such funds. These include the economic group who proposes the project or the venture, the economic group who supports such ideas and an economic group which acts as the mediator to bring these parties together.The purpose of this essay is as follows: To examine the main issues and challenges related to crowdfunding.To examine the academic viewpoints, theories, and findings from the academic literature as related to crowdfunding.To provide the evaluative and summarised findings with some real-life examples and statistics for illustration on crowdfunding.Discussion of the main academic ideasThere have been various research and academic findings on crowdfunding. The findings fromthese studies indicate a link between the start-up culture and the growth of crowdfunding. These funds are now being used by charities, institutes, real estate sector, non-profit organizations, business researches, scientific research, etc. These funds are able to generate the necessary money for investments (Kumar, Langberg and Zvilichovsky, 2015). Some of the researchers have even observed that these funding leads to the development of projects and ventures which otherwise would not receive any funding.

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