CROWDFUNDING IN HIGHER EDUCATION INSTITUTIONS: DEVELOPMENT TRENDS
Keywords:
Crowdfunding, Higher Education, Innovation, Uzbekistan, Crowdfunding Platforms, Entrepreneurship, Research Projects, Technology Transfer, Community Engagement, Economic Growth, Market Trends, Reward-Based Crowdfunding, Localized Platforms, Startup Ecosystem, Macroeconomic Factors, Regulatory Environment, SuccessAbstract
Crowdfunding has emerged as a transformative method of financing, involving the collection of small contributions from a large number of individuals through online platforms. This article explores the significant rise of crowdfunding and its potential impact on markets and society. It provides a general definition, emphasizing the role of social connections facilitated by modern Internet technologies. The article then delves into the application of crowdfunding in higher education, outlining ways in which it can support innovation, research projects, student initiatives, technology transfer, community engagement, educational programs, infrastructure development, scholarships, arts, culture initiatives, and startups. The discussion extends to the Uzbekistan crowdfunding landscape, citing platforms such as Halfana.uz, MFond.uz, Crowdfunders.uz, and Crowdrise.uz, while highlighting their unique contributions and benefits. The article concludes by examining the growth of the crowdfunding market in Uzbekistan, attributing it to customer preferences, market trends, local circumstances, and key macroeconomic factors, presenting crowdfunding as a dynamic force stimulating economic growth and fostering innovation.
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