我国众筹融资模式及监管问题研究  

Research on Crowd-funding Model and Regulatory Issues

作　　者：孙学立[1] 

机构地区：[1]中共济宁市委党校,山东济宁272003

出　　处：《金融发展研究》2015年第5期38-43,共6页Journal Of Financial Development Research

摘　　要：众筹是互联网金融的一种重要融资模式,它的出现在一定程度上迎合了当前我国金融体制下中小微企业融资难、融资贵的需求,逐渐成为一种适合于中小微企业和创业者的融资方式。本文在界定众筹的概念及发展现状的基础上,分析了我国目前存在的两种主要众筹形式——商品众筹和股权众筹,并对两种融资模式进行了对比,进而对众筹融资模式存在的风险进行了阐述。Crowd-funding is an important financing model of Internet financing,it’s appear to some extent meets small and micro enterprises’needs under current financial system,and becoming a suitable financing model for SMEs and entrepreneurs. Based on the definition and development status, this paper analyzes two existing important forms：commodity crowd-funding and equity crowd-funding, makes a comparison between them, describes the existing risks and puts some policy recommendations on supervision and further development.

关 键 词：众筹融资 风险 监管 模式 

分 类 号：F830[经济管理—金融学]