Template-Type: ReDIF-Article 1.0
Author-Name: Stalin O. Guamán Aguiar
Author-Workplace-Name: Universidad Tecnológoca Empresarial de Guayaquil. Ecuador.
Author-Name: Patricia E. Saltos Zúñiga
Author-Workplace-Name:Facultad de Administración. Universidad Laica Vicente Rocafuerte de Guayaquil. Ecuador.
Title: Crowdfunding, una solución de financiamiento alternativo para el sistema de emprendimiento e innovación. Análisis de las implicaciones tributarias en el Ecuador
Abstract: For decades, both the financial system and the stock market system have been the con-ventional  financing  mechanisms  for  those  who  have  wanted  to  undertake  or  guarantee  their investment. However, these sectors have imposed their regulations limiting, in many cases, their accessibility. Thus, an alternative financing mechanism known as crowdfun-ding (CF) has arisen; a way that has made it possible, especially, to carry out donation and investment projects. Crowdfunding has experienced strong growth worldwide. Neverthe-less, in Ecuador it is totally new. As of the creation of the Organic Law on Entrepreneurship and Innovation and its Regulations in 2020, the institution of duly regulated and accredited collaborative fund platforms or –crowdfunding– is allowed; However, due to its recent im-plementation, its impact has not been evaluated. This article aims to analyze the benefits and risks inherent in the use of crowdfunding and the tax implications for promoters and investors; and, the effectiveness of this financing mechanism in order to guarantee the sus-tainability of the entrepreneurship and innovation system for microenterprises and SMEs in Ecuador, through a detailed review and analysis of the Ecuadorian legislation.
Classification-JEL: H22-K23-N20
Keywords: crowdfunding-innovation system-tax implications-Ecuador.
Journal: Proyecciones
Pages: 14-33
Issue: 16
Number: 3
Year: 2022-2023
Month: May-April
DOI:https://doi.org/10.24215/26185474e019
File-URL: https://revistas.unlp.edu.ar/proyecciones/article/view/11740
File-Format: Application/pdf
Handle: RePEc:lap:proyec:23