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Crowdfunding as a Form of Funding for Businesses in the Culturally-Changing Global Economy: A Literature Review

Author

Listed:
  • Kukurba Maria

    (Warsaw University of Technology, Poland)

  • Waszkiewicz Aneta

    (Warsaw School of Economics, Poland)

Abstract

Objective: The main purpose of the crowdfunding literature review was to find an answer to the following research questions: do scholars investigating related topics take into account the increasing importance of crowdfunding as a form of funding and resulting economic consequences for SMEs? Is the relevance of crowdfunding in reducing the funding gap taken into consideration? Do studies involve analyses of economic consequences associated with the development of crowdfunding for the banking sector? The research questions we have asked refer to the existing state of knowledge about the extent of crowdfunding-related studies underway. The validity of the subject is due to the fact that crowdfunding is a new form of raising capital in the Culturally-Changing Global Economy.

Suggested Citation

  • Kukurba Maria & Waszkiewicz Aneta, 2018. "Crowdfunding as a Form of Funding for Businesses in the Culturally-Changing Global Economy: A Literature Review," Journal of Intercultural Management, Sciendo, vol. 10(2), pages 99-137, June.
    • Handle: RePEc:vrs:joinma:v:10:y:2018:i:2:p:99-137:n:5
    DOI: 10.2478/joim-2018-0011
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    References listed on IDEAS

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    More about this item

    Keywords

    crowdfunding; literature review; SME; banking sector;
    All these keywords.

    JEL classification:

    • D26 - Microeconomics - - Production and Organizations - - - Crowd-Based Firms
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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