Crowdfunding as an innovative source of financing business initiatives in Poland

Leoński, Wojciech

doi:10.1016/j.procs.2022.09.350

Cited by 6 publications

(3 citation statements)

References 9 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Many companies from industries such as gastronomy, tourism, culture and entertainment, or the automotive trade faced financial difficulties in the years 2020-2021 resulting from a lower demand for their products and services. The difficult economic situation forced them to search for financial support with the help of alternative financial tools, e.g., crowdfunding (Leoński, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Untitled

2023

SPSUTOM

View full text Add to dashboard Cite

The aim of the article is to assess the competitive potential of Poland's regions, in the context of effective strategy building for further development thereof. Design/methodology/approach: The article employs the method of critical investigation of the literature on the subject as well as presents an analysis of statistical data on selected sociotourist infrastructure instruments. An examination of two selected infrastructure elements was carried out for the purpose of the article, which can form a basis for formulation of strategies to improve the competitiveness and development of regions in Poland. Results:The Authors present the issue of regional competitiveness, with particular focus on the methods of assessing and building the competitiveness of regions through selection of an optimal strategy for further development thereof. In this context, two selected instruments of socio-tourist infrastructure are discussed, which can form a basis for formulation of strategies to improve the competitiveness and development of regions in Poland. The infrastructure elements presented serve as an example of areas characterized by great potential for growth, as a consequence of years of neglect (health care), or constrained by independent external COVID-19 pandemic associated conditions (accommodation industry).

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Untitled

2023

SPSUTOM

View full text Add to dashboard Cite

show abstract

“…Crowdfunding provides a means for financing various projects, including those related to business, culture, social causes, sports, and charity, using the internet. It is especially significant for individuals with creative and innovative ideas who need more financial resources to bring them to fruition (Leonski, 2022). Equity crowdfunding is a new and increasingly important funding source for startups and small businesses.…”

Section: Introductionmentioning

confidence: 99%

Unveiling Equity Crowdfunding Dynamics: An Exploration of Entrepreneurial Finance Horizons

Khanom

2024

IJSB

View full text Add to dashboard Cite

Equity crowdfunding is an emerging form of entrepreneurial finance that has gained significant attention in recent years. It enables startups and small businesses to collect funds from many investors through online platforms. While equity crowdfunding has the potential to overcome traditional funding barriers and democratize access to capital, there is a lack of consensus on its effectiveness and impact on startups and the wider entrepreneurial ecosystem. This paper provides an overview of leveraging equity crowdfunding for entrepreneurial financial support. It discusses the concept of equity crowdfunding, its evolution, and the benefits and drawbacks of this form of financing along with some comparative analysis. It also reviews the existing literature on equity crowdfunding and highlights its practical implications, limitations, and policy implications. Furthermore, the paper discusses the regulatory environment of equity crowdfunding and its impact on entrepreneurs and investors. The research concludes with recommendations for entrepreneurs considering equity crowdfunding as a source of financing. The study's results highlight the pivotal influence of regulatory frameworks on equity crowdfunding outcomes, suggesting that a favorable regulatory environment correlates with increased success rates, creating a supportive ecosystem for entrepreneurs and investors. Policy makers can contribute significantly to providing regulatory clarity to ensure that entrepreneurs have access to equity crowdfunding for a financing option.

show abstract

“…UMKM didorong untuk memanfaatkan media digital dan terus berupaya untuk mendorong digitalisasi UMKM (Widyastuti et al, 2023). Crowdfunding sebagai salah satu metode alternatif yang paling cepat berkembang untuk mendanai inisiatif bisnis baru di pasar modern (Leonski, 2022).…”

unclassified

Determinan Niat Menggunakan Crowdfunding Syariah Sebagai Solusi Permodalan Umkm (Studi Kasus Generasi Milenial Di Pulau Jawa)

Futuhul Ma'wa,

Indarningsih,

Mursalina Jen

2024

JIEP

View full text Add to dashboard Cite

The growth and expansion of micro, small, and medium enterprises (MSMEs) is hampered by a number of challenges, including a lack of funding. For their operations to scale and modernize competitively, they must have access to long-term funding. Various digital-based financing solutions have emerged. Islamic crowdfunding is an alternative way to finance social projects, which is a new development. This research aims to examine the behavioral intentions of millennial MSMEs when using sharia crowdfunding on the island of Java. This research adopts the Technology Acceptance Model (TAM) by adding the sharia compliance variable to the TAM model. The approach used is quantitative, with data analysis techniques in the form of structural equation modeling-PLS (SEM-PLS) with the help of Smart PLS 3 software. The sample in this research was 200 millennial-generation MSMEs on the island of Java. The sampling method used was convenience sampling, which involved distributing an online questionnaire (a Google Form) using a 1–5 Likert scale. The findings of this research offer guidance on the potential for implementing sharia crowdfunding for MSMEs. Therefore, sharia crowdfunding has the potential to ease the government's burdens in providing funds for microbusinesses and improve their skills and mentality to be more independent, creative, and able to promote their products, as well as serve as an endorsement for spreading sharia crowdfunding for MSME capital solutions in Indonesia.

show abstract

Crowdfunding as an innovative source of financing business initiatives in Poland

Cited by 6 publications

References 9 publications

Untitled

Untitled

Unveiling Equity Crowdfunding Dynamics: An Exploration of Entrepreneurial Finance Horizons

Determinan Niat Menggunakan Crowdfunding Syariah Sebagai Solusi Permodalan Umkm (Studi Kasus Generasi Milenial Di Pulau Jawa)

Contact Info

Product

Resources

About