Use of crowdfunding in Chile: an exploratory approach
The FinTech industry includes crowdfunding companies, which consist of collaborative financing platforms. The potential use of crowdfunding among Chilean undergraduate students is empirically analyzed. An ordered probit model is used to test the determinants of the probability that a student will u...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidad Alberto Hurtado
2022-07-01
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| Series: | Journal of Technology Management & Innovation |
| Subjects: | |
| Online Access: | https://www.jotmi.org/index.php/GT/article/view/3884 |
| _version_ | 1828104499184533504 |
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| author | Carlos Delgado Fuentealba Jorge Muñoz Mendoza Sandra Sepúlveda Yelpo Carmen Veloso Ramos Rodrigo Fuentes-Solís Edinson Cornejo Saavedra |
| author_facet | Carlos Delgado Fuentealba Jorge Muñoz Mendoza Sandra Sepúlveda Yelpo Carmen Veloso Ramos Rodrigo Fuentes-Solís Edinson Cornejo Saavedra |
| author_sort | Carlos Delgado Fuentealba |
| collection | DOAJ |
| description |
The FinTech industry includes crowdfunding companies, which consist of collaborative financing platforms. The potential use of crowdfunding among Chilean undergraduate students is empirically analyzed. An ordered probit model is used to test the determinants of the probability that a student will use a crowdfunding platform in the future. Also, a qualitative analysis containing arguments by which students would or would not use crowdfunding in the future is presented. The results indicate that trust in financial institutions and prior crowdfunding knowledge have a positive and significant effect on the probability of using these platforms. This paper constitutes one of the first to explore the growing crowdfunding market in Chile from the demand perspective.
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| first_indexed | 2024-04-11T09:47:55Z |
| format | Article |
| id | doaj.art-d348ebbb06d4440288d2dec5e7308682 |
| institution | Directory Open Access Journal |
| issn | 0718-2724 |
| language | English |
| last_indexed | 2024-04-11T09:47:55Z |
| publishDate | 2022-07-01 |
| publisher | Universidad Alberto Hurtado |
| record_format | Article |
| series | Journal of Technology Management & Innovation |
| spelling | doaj.art-d348ebbb06d4440288d2dec5e73086822022-12-22T04:30:55ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242022-07-0117210.4067/S0718-27242022000200021Use of crowdfunding in Chile: an exploratory approachCarlos Delgado Fuentealba0Jorge Muñoz Mendoza1Sandra Sepúlveda Yelpo2Carmen Veloso Ramos3Rodrigo Fuentes-Solís4Edinson Cornejo Saavedra5Escuela de Administración y Negocios, Universidad de ConcepciónDepartamento de Gestión Empresarial, Escuela de Ciencias y Tecnologías, Universidad de Concepción.Departamento de Gestión Empresarial, Escuela de Ciencias y Tecnologías, Universidad de Concepción.Departamento de Gestión Empresarial, Escuela de Ciencias y Tecnologías, Universidad de Concepción.Facultad de Economía y Negocios, Universidad de TalcaFacultad de Ciencias Empresariales, Universidad del Bío-Bío The FinTech industry includes crowdfunding companies, which consist of collaborative financing platforms. The potential use of crowdfunding among Chilean undergraduate students is empirically analyzed. An ordered probit model is used to test the determinants of the probability that a student will use a crowdfunding platform in the future. Also, a qualitative analysis containing arguments by which students would or would not use crowdfunding in the future is presented. The results indicate that trust in financial institutions and prior crowdfunding knowledge have a positive and significant effect on the probability of using these platforms. This paper constitutes one of the first to explore the growing crowdfunding market in Chile from the demand perspective. https://www.jotmi.org/index.php/GT/article/view/3884crowdfundingfinancefinancial inclusionfintechfundingentrepreneurial intention |
| spellingShingle | Carlos Delgado Fuentealba Jorge Muñoz Mendoza Sandra Sepúlveda Yelpo Carmen Veloso Ramos Rodrigo Fuentes-Solís Edinson Cornejo Saavedra Use of crowdfunding in Chile: an exploratory approach Journal of Technology Management & Innovation crowdfunding finance financial inclusion fintech funding entrepreneurial intention |
| title | Use of crowdfunding in Chile: an exploratory approach |
| title_full | Use of crowdfunding in Chile: an exploratory approach |
| title_fullStr | Use of crowdfunding in Chile: an exploratory approach |
| title_full_unstemmed | Use of crowdfunding in Chile: an exploratory approach |
| title_short | Use of crowdfunding in Chile: an exploratory approach |
| title_sort | use of crowdfunding in chile an exploratory approach |
| topic | crowdfunding finance financial inclusion fintech funding entrepreneurial intention |
| url | https://www.jotmi.org/index.php/GT/article/view/3884 |
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