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Crowdequity et Crowdlending : deux alternatives de financement des TPE/PME. Le cas de l'entreprise Gifts for change

Author

Listed:
  • Malek Hamouda

    (ISG - ISG Programme Business & Management (IONIS Education Group))

  • Imen Mejri

    (NEOMA - Neoma Business School)

  • Donia Trabelsi

    (IMT-BS - DEFI - Département Droit, Economie et Finances - TEM - Télécom Ecole de Management - IMT - Institut Mines-Télécom [Paris] - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - TEM - Télécom Ecole de Management)

Abstract

Le crowdfunding rémunéré s'est fortement développé ces dernières années. Il se positionne comme une solution alternative à la problématique de financement des PME/TPE. Notre recherche étudie les atouts et les limites du financement participatif rémunéré comparé au financement traditionnel et met en évidence les spécificités du crowdlending et de l'equity crowdfunding. Notre étude porte sur l'entreprise Gifts for Change, qui a la particularité d'avoir été financée par ces deux types de financement participatif spéculatif. L'analyse montre que le crowdfunding rémunéré dispose de différents dispositifs qui ne sont adaptés qu'à certains projets. Aussi, le choix entre le crowdlending et l'equity crowdfunding ne se pose pas au même stade de développement de l'entreprise. Ce travail permet également d'émettre les principales recommandations à adresser aux entrepreneurs souhaitant se financer via le crowdfunding rémunéré.

Suggested Citation

  • Malek Hamouda & Imen Mejri & Donia Trabelsi, 2017. "Crowdequity et Crowdlending : deux alternatives de financement des TPE/PME. Le cas de l'entreprise Gifts for change," Post-Print hal-02373759, HAL.
    • Handle: RePEc:hal:journl:hal-02373759
    Note: View the original document on HAL open archive server: https://hal.science/hal-02373759
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    References listed on IDEAS

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