Crowdfunding Financing Model effect on Entrepreneurship Aspirations
International Journal of Academic Accounting, Finance & Management Research (IJAAFMR), 2019
8 Pages Posted: 12 Feb 2019
Date Written: january 30, 2019
The study aimed to measure the effect of Crowdfunding financing on entrepreneurship aspirations in Arabic region. Population consists of members in (15) Crowdfunding Arabic platforms which are working with all models and online at (2018). Descriptive approach and a questionnaire used as a tool for this research. The results showed that Crowdfunding financing effect positively on entrepreneurship aspirations, Crowdfunding used mostly to finance small business or microfinance and charity. Add to that, Crowdfunding leads to financial efficiency and costs reduction, more flexible payments methods and more opportunities for entrepreneurs. The study recommended the importance of entrepreneurship culture and its role in promoting entrepreneurs, the effect off Fintech and various e-banking and e-payments methods, and the need of more interest in innovation and creativity.
Keywords: crowdfunding, financing, entrepreneurship aspirations, e-payments
JEL Classification: G23
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