Title Economics of crowdfunding by what-if analysis approach /
Authors Astrauskaitė, Ieva
ISBN 9789462524057
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Is Part of Proceedings of the International Conference on Transformations and Innovations in Management (ICTIM 2017).. Atlantis Press, 2017. p. 945-960.. ISBN 9789462524057
Keywords [eng] crowdfunding ; alternative finance ; economic indicators ; correlation
Abstract [eng] Fund raising alternative, demand forming activity, information spreading and sharing instrument, strengthening the communities and expanding networks, a tool for socialization – these are the crowdfunding benefits to economics. However, the numerical values are missing in various researches due to the novelty of factor and lack of activity in some countries. Introducing the available what-if analysis approach with such disseminations, it resulted relationships between crowdfunding and indirect impact economic indicators (e.g. unemployment, inflation, etc.) to be stronger then direct impact indicators (e.g. budget revenue). Moreover, positive scenarios were less sensitive to changes of economic indicators, than negative ones.
Published Atlantis Press, 2017
Type Conference paper
Language English
Publication date 2017