Lichen NIU, Nazarenko OLEKSANDR, Zetao HU and Yanjun FU
Sumy National Agrarian University, Ukraine
Volume 2021 (19),
Article ID 37122221,
Advancements in Business Excellence through Innovation and Risk Management: 37MGT 2021
Abstract
With the development of society, the Internet has played an important role in various fields. Internet finance has changed the traditional financial pattern, broadened the financial financing channels, and better catered to the needs of social and economic development. As a new type of agricultural operation subject, family farm financing is faced with the constraints of high access threshold, high financing cost and lack of sufficient collateral in the development process. With the development of economy and science and technology, Internet crowdfunding mode has been widely used. With the characteristics of low threshold, low cost and relatively transparent information, it provides a guarantee for the development of family farms. This paper takes family farm financing as the topic, analyzes the feasibility of crowdfunding financing mode of family farm, and puts forward relevant methods to inject vitality into family farm financing and promote better development.
Keywords: Internet Finance; Family Farm, Crowdfunding; Diversification.