Determining the Impact of Entrepreneurship Financing Methods on Collective Participation in Knowledge-Based Businesses

Abstract

The necessity for finance during the start-up phase of new firms as well as advancements in information technology have led to a rapid global expansion of the crowd funding method. There have been a number of financing platforms built in Iran to date, some of which have been successful and others of which have not. Therefore, it is important to examine the elements affecting this strategy in order to aid in its development. Given that mass finance is a relatively new phenomena, it is important to appropriately raise public awareness of it while identifying the variables that influence this approach. Their most important characteristics are technology, skilled labour, and advanced management; they are connected to global networks and production chains; thus, the development of knowledge-based companies appears to be the key to the next decade's economic development. As a result, the primary goal of this article is to look into the impact of entrepreneurial financing methods on collective participation in knowledge-based businesses. The current article's research method is practical, and the data collection method is a survey.