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dc.contributor.advisorDeodhar, Swanand
dc.contributor.authorAvinash
dc.contributor.authorSunil, Rohit
dc.date.accessioned2021-07-22T09:40:40Z
dc.date.available2021-07-22T09:40:40Z
dc.date.issued2019
dc.identifier.urihttp://hdl.handle.net/11718/24143
dc.description.abstractCrowdfunding has emerged as one of the leading technology-based funding solutions to provide funds to budding entrepreneurs, emerging social & cultural initiatives and innovative ideas across the globe. Internet-based applications, which have emerged in Web 2.0, have created a significant impact in sectors like health, education, arts & business due to wide reach (Alexander, 2006). Earlier, before rise of crowdfunding platforms, people were entirely dependent on banking institutions, venture capital, equity markets & other similar sources to collect funds to support an initiative. A major share of capital market was solely captured by short- & long-term lending. Typically, under these settings, small businesses and entrepreneurs were restricted from seeking necessary capital to meet their funding needs due to lack of scale, information asymmetry & lack of organisational network. This caused a large segment of people with entrepreneurial spirit remain unserved and underfunded. Empirically speaking, this must have caused many of potential businesses & entrepreneurial ideas to die down (Christensen, 2013). Crowdfunding has emerged as a boon for such funding starved businesses and entrepreneurial ideas. It is serving as a response to those unfilled needs & gaps in current capital market scenario (Christensen, 2013).en_US
dc.language.isoenen_US
dc.publisherIndian Institute of Management Ahmedabaden_US
dc.subjectCrowdfunding platformsen_US
dc.subjectCrowdfunding ecosystemen_US
dc.subjectCrowdfunding modelsen_US
dc.titleEvolution of crowdfunding platformsen_US
dc.typeStudent Projecten_US


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