How to reduce the risks of crowdfunding as an innovative mechanism of financing investment projects
by Maria Bakumenko; Anatoliy Sigal
International Journal of Risk Assessment and Management (IJRAM), Vol. 24, No. 2/3/4, 2021

Abstract: The mechanism of crowdfunding can provide project participants with a number of significant advantages. The technology of crowdfunding is good for economic processes in a country. Crowdfunding as an innovative mechanism of financing investment projects in the real economy may pose specific risks. While implementing any investment project, risk should be managed from the perspective of a comprehensive approach. The postulates of a new research area event-related management of safety and quality in economics are applicable to investment projects implemented in the real economy. Upgrading the quality of justification of an investment project, presented on a specialised crowdfunding web platform, will make the project safer for all the participants of the crowdfunding transaction and, correspondingly, will lead to a reduced risk level. It is worth designing a software module (information system) for specialised crowdfunding web platforms, to evaluate the efficiency of investment projects.

Online publication date: Wed, 26-Oct-2022

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Risk Assessment and Management (IJRAM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com