KRAUDPLATFORMS AS AN ALTERNATIVE SOURCE OF FINANCING INNOVATION PROJECTS

  • Аскер Аскерович Аскеров Al-Farabi Kazakh National University Email: askerov.askar@gmail.com
  • Игорь Николаевич Дубина Novosibirsk State University Email: igor_dubina@yahoo.com
  • Римма Калымбековна Сагиева Al-Farabi Kazakh National University (Almaty) Email: sagi5@mail.ru
Keywords: crowdfunding, public funding, social and innovative technologies, crowdsourcing

Abstract

This article describes crowdfunding as a modern method of financing projects. It allows attract money from people (individual founders) for commercial, cultural, social projects through the Internet. In return, the investors often receive future products or services. Crowdfunding is dynamically spreading in the USA as a new form of investment projects, and demonstrates its success. The experience and mechanism of financing business ideas and start-ups with crowdfunding are described on a case of the US social-innovative technical platform “Kickstarter”. We believe that for Kazakhstan and Russia, where the research projects financing is a weak point of innovation development, this experience can be successfully applied and can serve as an effective tool for attracting foreign investors to the R&D sector. In this regard, we focus on the essence of crowdfunding, its forms, advantages and disadvantages, and prospects.

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References

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REFERENCES

Nazarbayev, N. A. (2017) The Message of the President of the Republic of Kazakhstan to the people of Kazakhstan on January 31, 2017 “The Third Modernization of Kazakhstan: Global Competitiveness”. URL: http://www.akorda.kz/.

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Hollow M. (2013) Crowdfunding and civic society in Europe: A profitable partnership? Open Citizenship. [Электронный ресурс]. URL: http://www.academia.edu/3415172/Crowdfunding_and_Civic_Society_in_Europe_A_Profitable_Partnership/.

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Published
2019-03-07
How to Cite
1. Аскеров А. А., Дубина И. Н., Сагиева Р. К. KRAUDPLATFORMS AS AN ALTERNATIVE SOURCE OF FINANCING INNOVATION PROJECTS // Economics Profession Business, 2019. Vol. 1. № 1. P. 5-11. URL: http://journal.asu.ru/ec/article/view/201901.
Section
ЭКОНОМИЧЕСКИЕ НАУКИ