The Gap Between China and America in the Development of the Crowdfunding Industry and Our Strive Direction

Abstract

The forms of crowdfunding can be divided into 4 kinds of patterns: donation pattern, return pattern, debt pattern, and equity pattern. It is not a long time since the concept of crowdfunding investment and financing was introduced into our country. The crowdfunding pattern increases a new way to solve the problem of the difficult financing and the high cost of financing of our small and medium-sized enterprises. At the same time, it provides the innovation and entrepreneurship of all ambitious young people a financing channel, which is conducive to the promotion of scientific and technological innovation and the implementation of new ideas, and is conducive to increasing employments and maintaining social stability. Nevertheless, our crowdfunding financing is still in the initial stage, which lacks regulatory measures for it. From the point of view of the present situation in our country, due to the lack of the legal regulation to this emerging industry crowdfunding, the lack of innovation ability, and the lack of the establishment of the credit system, the crowdfunding financing mode still need a longer time of operation to build commercial atmosphere.