Crowdfunding in the wider perspective investment crowdfunding: Competition between regulations, institutions, and economic freedom

Artikel

The aim of this article is to present Investment Crowdfunding (ICF) in a perspective wider than merely as a new form of financing a certain category of business ventures. Selected aspects of ICF as a phenomenon that is a manifestation of the conflict between economic freedom and regulations and financial market institutions will be emphasized. New concepts of the part of the modern economy in the period of digitization, referred to as the collaborative economy, mesh economy, or sharing economy, should also be taken into account. The issues of excessive and restrictive regulation of the financial market will be presented in this context, as well as the constraints and risk factors of ICF operation and the Polish ICF experience. The study hypothesises that Investment Crowdfunding is a viable alternative for financing micro and small economic projects, if compared to the traditional and over-regulated forms of financing. The usefulness of Investment Crowdfunding concerns primarily economic projects of the start-up category. The study uses the following research methods: critical analysis of the literature of the issue, descriptive and comparative analysis, case study, and deduction. The theoretical considerations and examples presented in the article should be treated with appropriate research caution. However, they make it possible to positively verify the hypothesis.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: e-Finanse: Financial Internet Quarterly ; ISSN: 1734-039X ; Volume: 15 ; Year: 2019 ; Issue: 2 ; Pages: 1-7 ; Warsaw: Sciendo

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity ; General Equilibrium and Disequilibrium: Financial Markets ; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors ; Regulated Industries and Administrative Law
• Thema: investment crowdfunding ; financial market ; financial regulations

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Dziawgo, Danuta ; Dziawgo, Leszek
• Ereignis: Veröffentlichung
• (wer): Sciendo
• (wo): Warsaw
• (wann): 2019

Weitere Informationen

• DOI: doi:10.2478/fiqf-2019-0007
• Handle: http://hdl.handle.net/10419/266806
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ