Chapter 9: Has Digitalization had an Impact on Social Entrepreneurship Financing?
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Published:2023
Yakup Erciyes, 2023. "Has Digitalization had an Impact on Social Entrepreneurship Financing?", Two Faces of Digital Transformation: Technological Opportunities versus Social Threats, Bülent Akkaya, Akif Tabak
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Abstract
Modern funding channels that supplement established mediators may present cybersecurity problems. Traditional investors work with artificial intelligence. In this chapter, the focus is on digitalization in the context of entrepreneurial finance. Crowdfunding platforms have become an alternative to meet the funding needs of entrepreneurs. Crowdfunding platforms have become an alternative for individuals who want to support social entrepreneurs and social enterprises because the financing of initiatives on the solution of social problems is provided by governments, companies and non-profit institutions. Literature shows that equal opportunities and benefits for disadvantaged groups can be created by social entrepreneurship. A snowball effect can be created by each project made to create social impact.
