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A Brief Comparison of Most Prominent Crowdfunding Platforms in Turkey and USA

Beren Uzuntepe

MPRA Paper from University Library of Munich, Germany

Abstract: Emerging and gaining significance due to the widespread use of the Internet and the power of social media, crowdfunding, via crowdfunding platforms, provides entrepreneurs with creative business ideas with the opportunity to reach extensive masses and to be able to directly access the financial resources that their projects require. Even though the interest in crowdfunding rises, the literature seems to lack enough research about these platforms. Addressing the platforms that bring together the entrepreneurs and the backers, this research aims to compare the reward-based crowdfunding platforms operating in Turkey with the international crowdfunding platforms. Containing the categories of technology and movie/video, this research discusses the differences between the most prominent crowdfunding platforms in the two countries. The findings of the research constitute importance due to the fact that it shows the way to the entrepreneurs, crowdfunding platforms, and backers while making their decisions, encourages participation in the campaigns, and sheds light on other studies about the subject.

Keywords: Keywords: Crowdfunding; Entrepreneurial Finance; Online Platform; Reward Based Crowdfunding; KIA (search for similar items in EconPapers)
JEL-codes: G2 G24 G3 G32 L2 L26 M1 M13 O3 O30 O34 P3 P34 P35 (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-ara, nep-ban, nep-cfn, nep-cwa, nep-ent, nep-isf, nep-pay and nep-sbm
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