CROWDFUNDING PROMOTING - AN ALTERNATIVE FINANCING SOURCE FOR SOCIAL ENTREPRENEURSHIP

Enache Elena () and Morozan Cristian
Additional contact information
Enache Elena: "Constantin Brâncoveanu" University from Pitesti, Faculty of Management-Marketing in the Economic Affairs Braila
Morozan Cristian: "Constantin Brâncoveanu" University from Pitesti, Faculty of Administrative and Communication Sciences Braila

Management Strategies Journal, 2014, vol. 26, issue 4, 672-678

Abstract: Through crowdfunding an activity is financed by the contribution of a lot of people, initiators of innovative projects, people or organizations with beneficial ideas, coming to support the others, but who have no money for that, are put in contact with citizens, with thousands of users willing to support such proposals. Donors feel involved in the community and help to make a change. This activity fits perfectly into the category which is recognized in practice and theory as "solidary economy", "the third sector of the economy" or "social entrepreneurship". In fact, is is a form of offering new and innovative solutions for older needs, proving its ability to contribute to satisfying some needs such as social, economic and environmental problems, which the countries of the world, their economies and population are confronting.

Keywords: entrepreneurs; crowdfunding; financing; social economy; life conditions; economic sector (search for similar items in EconPapers)
JEL-codes: A13 (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.strategiimanageriale.ro/papers/140487.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:26:y:2014:i:4:p:672-678

Access Statistics for this article

More articles in Management Strategies Journal from Constantin Brancoveanu University
Bibliographic data for series maintained by Dan MICUDA ().