Publication: The role of information and communication technologies in financing the european economic growth
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Editura ASEM
Abstract
Description
Publicat in: Culegerea de articole şi teze ale comunicărilor prezentate în cadrul Conferinței Ştiințifice Internaționale "Rolul investițiilor în dezvoltarea economiei digitale în contextul globalizării financiare" consacrate celei de-a 25 aniversări de la fondarea ASEM, Chişinău, 22-23 decembrie 2016 = Collection of articles and theses of the communications presented within the International Scientific Conference dedicated to the 25th anniversary since the founding of AESM "Role of investments in the development of digital economy in the context of financial globalization", December 22-23, 2016. - Chişinău : ASEM, 2017. - 261 p. ; tab., fig.. - Antetit.: Academia de Studii Economice a Moldovei, Catedra Investiții și Piețe de Capital. - Include bibliogr.. - ISBN 978-9975-75-866-6. (p.49-54)
Despite significant progress in recent years in attracting investments in European economy, access to finance for young, innovative firms or SMEs is a problem even in countries where access to bank finance has remained stable throughout the crisis. In order to complement bank financing, the European CMU Action Plan strengthens the different sources of alternative finance, including crowdfunding, P2P Business lending etc. and offers various benefits to firms and investors, which are described in this article. JEL: E52, G18, G23, O33
Despite significant progress in recent years in attracting investments in European economy, access to finance for young, innovative firms or SMEs is a problem even in countries where access to bank finance has remained stable throughout the crisis. In order to complement bank financing, the European CMU Action Plan strengthens the different sources of alternative finance, including crowdfunding, P2P Business lending etc. and offers various benefits to firms and investors, which are described in this article. JEL: E52, G18, G23, O33
Keywords
digital technologies, investments, EU Capital Markets Union, Digital Single Market, alternative finance market, crowdfunding, P2P business lending