Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs

The youth entrepreneurs group is one of the groups who have difficulties in accessing funds and commonly being excluded from the mainstream finance. Youth entrepreneurs face difficulties in accessing financing due to lack of collateral, and lack of credit history, thus being categorised as highly ri...

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Main Authors:	Salim, Munirah, Kassim, Salina
Format:	Article
Language:	English
Published:	Human Resource Management Academic Research Society 2019
Subjects:	HG Finance HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/79468/ http://irep.iium.edu.my/79468/ http://irep.iium.edu.my/79468/1/2019%20IJARBS%20Munirah.pdf

id	iium-79468
recordtype	eprints
spelling	iium-794682020-03-10T01:30:54Z http://irep.iium.edu.my/79468/ Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs Salim, Munirah Kassim, Salina HG Finance HG3368 Islamic Banking and Finance The youth entrepreneurs group is one of the groups who have difficulties in accessing funds and commonly being excluded from the mainstream finance. Youth entrepreneurs face difficulties in accessing financing due to lack of collateral, and lack of credit history, thus being categorised as highly risky borrowers. Due to the technological advancement, crowd funding has emerged as one of the financing alternatives for the youth entrepreneurs to consider. In assessing the viability of crowd funding as a funding alternative, this paper highlights the relationship between perception and types of crowd funding model among youth entrepreneurs in Institusi Pendidikan MARA (IPMA) in considering crowd funding as one of their funding solutions. It further explores what kind of reasons that would increase the interest of youth entrepreneurs in utilizing crowd funding as one of funding solutions. In addition, barriers that keeping youth entrepreneurs from using crowd funding will be identified. Data were collected via questionnaires from youth entrepreneurs at IPMA in Melaka. The results of the study have valuable implications for the relevant authorities particularly on providing a conducive environment to inculcate the entrepreneurial culture and support youth entrepreneurial growth that is in line with the Sustainable Development Goals Human Resource Management Academic Research Society 2019 Article PeerReviewed application/pdf en http://irep.iium.edu.my/79468/1/2019%20IJARBS%20Munirah.pdf Salim, Munirah and Kassim, Salina (2019) Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs. International Journal Academic Research in Business and Social Sciences, 9 (12). pp. 374-383. ISSN 2222-6990 DOI: 10.6007/IJARBSS/v9-i12/6734
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG Finance HG3368 Islamic Banking and Finance
spellingShingle	HG Finance HG3368 Islamic Banking and Finance Salim, Munirah Kassim, Salina Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs
description	The youth entrepreneurs group is one of the groups who have difficulties in accessing funds and commonly being excluded from the mainstream finance. Youth entrepreneurs face difficulties in accessing financing due to lack of collateral, and lack of credit history, thus being categorised as highly risky borrowers. Due to the technological advancement, crowd funding has emerged as one of the financing alternatives for the youth entrepreneurs to consider. In assessing the viability of crowd funding as a funding alternative, this paper highlights the relationship between perception and types of crowd funding model among youth entrepreneurs in Institusi Pendidikan MARA (IPMA) in considering crowd funding as one of their funding solutions. It further explores what kind of reasons that would increase the interest of youth entrepreneurs in utilizing crowd funding as one of funding solutions. In addition, barriers that keeping youth entrepreneurs from using crowd funding will be identified. Data were collected via questionnaires from youth entrepreneurs at IPMA in Melaka. The results of the study have valuable implications for the relevant authorities particularly on providing a conducive environment to inculcate the entrepreneurial culture and support youth entrepreneurial growth that is in line with the Sustainable Development Goals
format	Article
author	Salim, Munirah Kassim, Salina
author_facet	Salim, Munirah Kassim, Salina
author_sort	Salim, Munirah
title	Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs
title_short	Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs
title_full	Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs
title_fullStr	Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs
title_full_unstemmed	Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs
title_sort	viability of crowd funding as an alternative funding mechanism for youth entrepreneurs
publisher	Human Resource Management Academic Research Society
publishDate	2019
url	http://irep.iium.edu.my/79468/ http://irep.iium.edu.my/79468/ http://irep.iium.edu.my/79468/1/2019%20IJARBS%20Munirah.pdf
first_indexed	2023-09-18T21:51:31Z
last_indexed	2023-09-18T21:51:31Z
_version_	1777413800593457152

Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs

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