Crowdfunding: Suggestions For Development in Turkey
Nowadays, Crowdfunding emerges as a common method of funding that entrepreneurs can benefit from. Besides, it is an investment method for potential investors. Crowdfunding has been developed specifically in North America and in Europe. On the other hand, it was legalized in December 2017 Turkey. The...
Main Authors: | , |
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Format: | Article |
Language: | Turkish |
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Usak University
2018-07-01
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Series: | Optimum Ekonomi ve Yönetim Bilimleri Dergisi |
Subjects: | |
Online Access: | http://dergipark.gov.tr/download/article-file/494353 |
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author | Mehmet Kemalettin ÇONKAR Muhammet Fatih CANBAZ |
author_facet | Mehmet Kemalettin ÇONKAR Muhammet Fatih CANBAZ |
author_sort | Mehmet Kemalettin ÇONKAR |
collection | DOAJ |
description | Nowadays, Crowdfunding emerges as a common method of funding that entrepreneurs can benefit from. Besides, it is an investment method for potential investors. Crowdfunding has been developed specifically in North America and in Europe. On the other hand, it was legalized in December 2017 Turkey. The crowd funding process starts with applying to crowdfunding websites by entrepreneurs who need funding for startup. Projects are presented on the web site to potential investors through an open call; and finally, the process ends with the funding of the projects that investors would like to finance.
Crowdfunding also attracts attention as a financial instrument that all segments of society can easily reach. It is inevitable to make further improvements in order to spread this system, which is expected to develop rapidly in Turkey, to large number of people. In this study, what needs to be done in order to develop Crowdfunding in Turkey will be discussed. We believe that this study will serve as a source in academic studies and for improvements to be made in practice. |
first_indexed | 2024-04-10T10:39:03Z |
format | Article |
id | doaj.art-767d91f9d8814157b75ce1ee48e11c7a |
institution | Directory Open Access Journal |
issn | 2148-4228 2148-4228 |
language | Turkish |
last_indexed | 2024-04-10T10:39:03Z |
publishDate | 2018-07-01 |
publisher | Usak University |
record_format | Article |
series | Optimum Ekonomi ve Yönetim Bilimleri Dergisi |
spelling | doaj.art-767d91f9d8814157b75ce1ee48e11c7a2023-02-15T16:20:42ZturUsak UniversityOptimum Ekonomi ve Yönetim Bilimleri Dergisi2148-42282148-42282018-07-0152119132Crowdfunding: Suggestions For Development in TurkeyMehmet Kemalettin ÇONKAR Muhammet Fatih CANBAZNowadays, Crowdfunding emerges as a common method of funding that entrepreneurs can benefit from. Besides, it is an investment method for potential investors. Crowdfunding has been developed specifically in North America and in Europe. On the other hand, it was legalized in December 2017 Turkey. The crowd funding process starts with applying to crowdfunding websites by entrepreneurs who need funding for startup. Projects are presented on the web site to potential investors through an open call; and finally, the process ends with the funding of the projects that investors would like to finance. Crowdfunding also attracts attention as a financial instrument that all segments of society can easily reach. It is inevitable to make further improvements in order to spread this system, which is expected to develop rapidly in Turkey, to large number of people. In this study, what needs to be done in order to develop Crowdfunding in Turkey will be discussed. We believe that this study will serve as a source in academic studies and for improvements to be made in practice.http://dergipark.gov.tr/download/article-file/494353CrowdfundingInvestmentEntrepreneurInvestorICO |
spellingShingle | Mehmet Kemalettin ÇONKAR Muhammet Fatih CANBAZ Crowdfunding: Suggestions For Development in Turkey Optimum Ekonomi ve Yönetim Bilimleri Dergisi Crowdfunding Investment Entrepreneur Investor ICO |
title | Crowdfunding: Suggestions For Development in Turkey |
title_full | Crowdfunding: Suggestions For Development in Turkey |
title_fullStr | Crowdfunding: Suggestions For Development in Turkey |
title_full_unstemmed | Crowdfunding: Suggestions For Development in Turkey |
title_short | Crowdfunding: Suggestions For Development in Turkey |
title_sort | crowdfunding suggestions for development in turkey |
topic | Crowdfunding Investment Entrepreneur Investor ICO |
url | http://dergipark.gov.tr/download/article-file/494353 |
work_keys_str_mv | AT mehmetkemalettinconkar crowdfundingsuggestionsfordevelopmentinturkey AT muhammetfatihcanbaz crowdfundingsuggestionsfordevelopmentinturkey |