New Financing Instruments for the Non-Profit Sector: The Challenge of Social Crowdfunding

Purpose: To explain how the economic crisis in Spain has especially made known the financial weakness of the non-profit sector, traditionally dependent on public support. Depletion of public funds, recess in private donations and increased reticence of financial resources by traditional banking put...

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Autores:
Sajardo Moreno, Antonia
Tipo de recurso:
Article of journal
Fecha de publicación:
2016
Institución:
Universidad Cooperativa de Colombia
Repositorio:
Repositorio UCC
Idioma:
spa
OAI Identifier:
oai:repository.ucc.edu.co:20.500.12494/11897
Acceso en línea:
https://revistas.ucc.edu.co/index.php/co/article/view/1259
https://hdl.handle.net/20.500.12494/11897
Palabra clave:
Rights
openAccess
License
http://purl.org/coar/access_right/c_abf2
Description
Summary:Purpose: To explain how the economic crisis in Spain has especially made known the financial weakness of the non-profit sector, traditionally dependent on public support. Depletion of public funds, recess in private donations and increased reticence of financial resources by traditional banking put the sector in the dilemma of progressive deterioration as economic and social force. Description: In this context, the Spanish non-profit sector has been driven to explore new forms of financing, giving a fresh look to its origin itself, to its social base: citizenship. Point of view: It is noteworthy that citizenship, in this century, is immersed in a new technological paradigm: the digital paradigm, which became the major instrument of a new form of social solidarity. Conclusions: One of the leading exponents of the new social solidarity is crowdfunding, whose analysis and potentials are dealt with in this work.