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Crowdfunding and its Interaction with Urban Development

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Type: Conference Paper
Author: Chen, Hung-Yi
Conference: The City as a Commons: Reconceiving Urban Space, Common Goods and City Governance, 1st Thematic IASC Conference on Urban Commons
Location: Bologna, Italy
Conf. Date: November 6-7
Date: 2015
URI: http://hdl.handle.net/10535/9975
Sector: Information & Knowledge
Urban Commons
Region:
Subject(s): Internet
Abstract: "Crowdfunding is a mechanism of fundraising on the Internet without a conventional financial institution as agency, especially for small and middle enterprises (SMEs). This is an intermediary system for people raising funding much more easily and efficiently. The difficulties for SMEs to raise funding from capital market are universal problems in the world. Under consideration of efficient fundraising, Malaysia, Taiwan and Thailand are already provided regulation toward crowdfunding. The financial authority of China and Singapore are also drafting the bill of crowdfunding in early 2015."

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