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| Entrepreneurship, Crowdfunding Platforms and Sponsors Interaction |
Youssef M. Abu Amuna
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Abstract:
The aim of the study is to highlight the interaction relation between Crowdfunding platforms sponsors and entrepreneurship in Arabic region.
Population consists of members in (12) Crowdfunding Arabic platforms which are working with all models and online at (2018). Descriptive approach and a questionnaire used as a tool for this research.
The results showed that Crowdfunding sponsors play an important role to attract investors and entrepreneurs. Also the diversity of sponsors (companies, incubators, banks, universities, etc..) is an important matter in Crowdfunding platforms. The sponsors influence positively on entrepreneurship. Sponsors as part of those platforms give more trust for members, and the type of services that provided through the platforms is and added value for customers.
The study recommended more support to Crowdfunding platforms in Arabic region by including more sponsors in Crowdfunding platforms. The services in each Crowdfunding platform must be attractive and rescannable. The level of guarantees, security, money transfer and disclosure are essentials factors for the success of the Crowdfunding platforms especially in the Arabic region as the culture of trust in e-transaction is still extremely low.
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