한국 크라우드펀딩의 법제화에 관한 연구

• 영문명: A Study on the Legislation of Crowd-Funding in Korea
• 발행기관: 한국IT서비스학회
• 저자명: 남우석(Woo seok Nam) 민대환(Dai hwan Min)
• 간행물 정보: 『한국IT서비스학회지』한국IT서비스학회지 제13권 제4호, 123~137쪽, 전체 15쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2014.12.31

영문 초록

Since the global financial crisis, funding for startups or ventures has been diminished seriously. In this situation, crowd-funding has attracted worldwide attention as a viable means to financing startups/ventures. After reviewing existing laws in other countries, this study investigated the current status of crowd-funding legalization in Korea and surveyed requirements from three groups of participants to crowd-funding. Investors already recognized the high risk of crowd-funding into startups and asked for the protection of their investment. But, their priorities were on the enlargement of tax benefits and the establishment of a trading market for selling their equity. In addition, investors wanted to shorten the compulsory holding period. Issuers as fund raisers hoped fast legalization, convenient process of crowd-funding, and expansion of government support. Crowd-funding platform operators requested policies for establishing paths to become new growth companies from startups, tax benefits, and the setup of separate fund for startups. Currently, the National Assembly in Korea is holding the discussion on the submitted law. For desirable outcomes to all participants, it would be better to proceed in the following sequence. First, legalize the crowd-funding with clauses protecting investors; Second, encourage investment through tax benefits; Third, develop communities among participants for reducing information asymmetry; And fourth, establish diverse trading markets for selling equities of startups.

목차

Abstract

1. 서론

2. 크라우드펀딩의 배경과 입법동향

3. 크라우드펀딩 참여자 조사

4. 결론

References

키워드

Crowd-funding Equity Startup Venture Legalization JOBS Act