TY  - JOUR
T1  - Readiness of Crowdfunding to Finance Small and Medium-Sized
Enterprises in ASEAN
AU - Wahjono, Sentot Imam AU - Marina, Anna AU - Oceano, P.M. Nur Rizki AU - Fen, Fam Soo 
JO  - The Social Sciences
VL  - 13
IS  - 3
SP  - 657
EP  - 663
PY  - 2018
DA  - 2001/08/19
SN  - 1818-5800
DO  - sscience.2018.657.663
UR  - https://makhillpublications.co/view-article.php?doi=sscience.2018.657.663
KW  - Crowdfunding
KW  -alternative financing
KW  -ASEAN
KW  -entrepreneurial culture
KW  -SMEs
KW  -entrepreneurial
KW  -implemented
AB  - The purpose of this study is to discuss the readiness of crowdfunding to finance SME in ASEAN.
Crowdfunding is a financing alternative for internet-based businesses. This study analyzes the current
condition of the five ASEAN countries, namely Indonesia, Malaysia, Philippines, Thailand and Vietnam. The
analysis was conducted in two aspects of readiness crowdfunding as SME financing in terms of entrepreneurial
culture and networked readiness. Analysis of an entrepreneurial culture based on the global report issued by
the Global Entrepreneurship Monitor 2016 when an analysis of networked readiness is based on The Global
Information Technology Report 2015 issued by the World Economic Forum. The preliminary findings of this
study indicate that crowdfunding can be implemented successfully nevertheless not ready to use crowdfunding
as an alternative business financing, especially for SMEs.
ER  -