Alternative Sources Of Funding Research Articles

Tantangan Dalam Implementasi Kekayaan Intelektual Sebagai Jaminan Pembiayaan Berdasarkan Peraturan Pemerintah Nomor 24 Tahun 2022

The regulation of intellectual property as collateral is not something new in Indonesia, especially in terms of copyrights or patents. However, it is difficult to implement because there are still legal obstacles. The government enacted Government Regulation Number 24 of 2022 which strengthens intellectual property provisions as collateral. This collateral is carried out in the form of a fiduciary guarantee in addition to contracts for creative economic activities or collection rights. This regulation allows creative economy actors to guarantee their intellectual property to obtain alternative sources of funding in developing their businesses. Even so, there are still challenges in implementing intellectual property as collateral. This study uses a doctrinal legal research method through a qualitative approach by utilizing secondary data as the main data based on a literature research. Sources of research data are laws and regulations, theories and relevant legal concepts. Data were analyzed using qualitative juridical methods and logical deductive reasoning. The results of the study show that there are still challenges in the implementation of intellectual property as collateral for financing such as the problem of valuing intellectual property assets, the existence of intellectual property appraisal institutions, the absence of a secondary market to trade intellectual property assets, and the problem of piracy that still occurs frequently.

Alternative Sources of Financing and the Sustainability of Cameroonian Start-ups

Alternative Sources of Financing and the Sustainability of Cameroonian Start-ups

A COMPARATIVE STUDY OF THE INDIAN PRIMARY MARKET'S "POOLING OF RESOURCES IN THE STOCK & CORPORATE BOND MARKET"

The Indian capital market is well-organized and has a solid base. As a result, investors from all over the world are now keenly monitoring the Indian stock market. The majority of funding in India is provided by bank lending, with the remainder coming from the equity market. The bond market has a huge impact on the formation of initiatives in India as an alternative source of funding. This article analyses the effect of the public offering of equities on the corporate bond market in order to compare the volume of issuance and the value of the money pooled from the primary stock market and the corporate bond market year over year. Data for the study obtained from Hand book on Indian capital market published by SEBI for the period of 2010 – 2022 Descriptive statistics, Paired t test, regression test is used for the analysis & outcome of the study is 81% of CD market offering can be projected from primary equity market offering, corporate bond market financing rose by 147% YOY, whereas under primary equity market declined by 30%. Raising interest rate, volatility in the capital market are the major reason for such difference. Variance in the corporate bond market subscription comparatively higher than equity market which is 1184%, on the other hand it is 157% in equity market.

A COMPARATIVE STUDY OF THE INDIAN PRIMARY MARKET'S "POOLING OF RESOURCES IN THE STOCK & CORPORATE BOND MARKET"

The Indian capital market is well-organized and has a solid base. As a result, investors from all over the world are now keenly monitoring the Indian stock market. The majority of funding in India is provided by bank lending, with the remainder coming from the equity market. The bond market has a huge impact on the formation of initiatives in India as an alternative source of funding. This article analyses the effect of the public offering of equities on the corporate bond market in order to compare the volume of issuance and the value of the money pooled from the primary stock market and the corporate bond market year over year. Data for the study obtained from Hand book on Indian capital market published by SEBI for the period of 2010 – 2022 Descriptive statistics, Paired t test, regression test is used for the analysis & outcome of the study is 81% of CD market offering can be projected from primary equity market offering, corporate bond market financing rose by 147% YOY, whereas under primary equity market declined by 30%. Raising interest rate, volatility in the capital market are the major reason for such difference. Variance in the corporate bond market subscription comparatively higher than equity market which is 1184%, on the other hand it is 157% in equity market.

Sharia External Financing Alternatives for Business Expansion Study Case: PT. XYZ

This study investigates sharia compliance external sources of financing for SME’s business expansion. The object of this study is PT. XYZ that operates in the security service business entity of outsourcing industry. In the last five years until 2022 XYZ has declined in number of clients growth. Fortunately, in 2023 XYZ received an offer to supply 500 security personnel that will increase its sales growth to 134%. This growth is a lot higher than the internal and sustainable growth rate of the company, and hence it needs external financing of IDR 5.2 Billion to support the business expansion. The data collected in this research is through primary and secondary data from a semi-structured interview, five years of financial reports and desk research method. This study examines three alternatives of external Sharia financing namely Islamic Bank financing, Sukuk Issuance and Stock Issuance. XYZ needs to choose one alternative that makes the financial performance of the company healthy and also provides the most worthy risk-return to the equity holders. According to the financial ratios, DCF company valuation and risk-return analysis, this study finds that Sukuk is the best alternative external source of financing for XYZ because it makes the financial performance of the company healthy and also provides a desirable returns for the shareholders with lower risks. XYZ and others SMEs could use this alternative source of external financing to support business expansion. Sukuk can be issued through a funding campaign within a specified period in an authorized and credible Islamic Securities Crowdfunding (I-SCF) platforms.

Fostering MSMEs to Increase Fintech-Based Financial Literacy

The existence of fintech lending can be a solution for MSMEs in obtaining capital, but there are still many MSMEs who do not know what and how the mechanism for obtaining capital through fintech is. It is important to introduce the benefits and dangers of information technology-based lending and borrowing services (Fintech Lending) to MSMEs in Badung Market to increase access to capital so as to increase competitiveness and expand markets, because in addition to the many benefits there are risks involved, so that SMEs understand earlier what risks will be faced from the convenience that is obtained. This community service aims to provide socialization to MSMEs regarding the existence of fintech lending as an alternative source of business funding. Increase insight into information technology-based money-lending services so that you are not fooled by tempting offers.

Skema Kerjasama Pemerintah Dengan Badan Usaha (KPBU) Dalam Penyediaan Infrastruktur Alat Penerangan Jalan (APJ)

The purpose of this study is to identify the infrastructure needs for Street Lighting Equipment (APJ), analyze financial performance Government Bandung Regency area, and the Government Cooperation with Business Entities (PPP) scheme in providing APJ infrastructure in Bandung Regency. The local government is only able to provide less than half of the funding. For this reason, it is necessary to look for other alternative sources of funding in funding its infrastructure needs. Through literature and policy/regulation studies, one of the alternatives that is expected to be an important model for providing infrastructure is the Public Private Partnership (PPP) scheme in which the private sector can participate in providing infrastructure starting from the aspects of funding, design, construction, operation, to maintenance. infrastructure based on cooperation agreements. To support this PPP program, the Government of Bandung Regency through the Ministry of Finance has provided fiscal facilities at each stage of the PPP project implementation for the provision of APJ infrastructure.

Analisis Current Ratio, Return on Assets, dan Ukuran Perusahaan, serta Pengaruhnya terhadap Nilai Perusahaan yang Dimediasi oleh Struktur Modal

The purpose of this study is to identify the infrastructure needs for Street Lighting Equipment (APJ), analyze financial performance Government Bandung Regency area, and the Government Cooperation with Business Entities (PPP) scheme in providing APJ infrastructure in Bandung Regency. The local government is only able to provide less than half of the funding. For this reason, it is necessary to look for other alternative sources of funding in funding its infrastructure needs. Through literature and policy/regulation studies, one of the alternatives that is expected to be an important model for providing infrastructure is the Public Private Partnership (PPP) scheme in which the private sector can participate in providing infrastructure starting from the aspects of funding, design, construction, operation, to maintenance. infrastructure based on cooperation agreements. To support this PPP program, the Government of Bandung Regency through the Ministry of Finance has provided fiscal facilities at each stage of the PPP project implementation for the provision of APJ infrastructure

Crowdfunding as a Financing Alternative for Entrepreneurial Ventures

Abstract Entrepreneurs often use various sources of financing to finalise an entrepreneurial idea. Crowdfunding on specialised internet platforms is an alternative method for collecting funds from several small sources for business investments and projects. The biggest difference between crowdfunding and other forms of financing is that crowdfunding uses smaller amounts of money from many investors interested in a business idea. Crowdfunding has been globally known for over a decade, and in Croatia, the interest has been growing for several years. The paper aims to demonstrate the importance and potential of crowdfunding, which, as a collective micro-investment of citizens, can serve as an alternative funding source for entrepreneurial ventures. The paper presents the research results conducted in Croatia based on the data collected through survey research. The paper investigates the knowledge and familiarity with the term and motives for investing through crowdfunding platforms.

MEMBANGUN BADAN USAHA MILIK SEKOLAH DI SD MUHAMMADIYAH DENPASAR

This community service report aims to socialize the need for School-Owned Enterprises (BUMS) as an alternative source of funding for education units. Each school does have the opportunity to get funding from the government and local government, as well as the community, but in reality the education unit operates the education budget roughly. Therefore, education units need to find alternative sources of education funding. One way is to establish a School-Owned Enterprise. This BUMS is the same position as State-Owned Enterprises (SOEs) in the central government, Regional Owned Enterprises (BUMD) for provincial, district and city governments, and Village-Owned Enterprises (BumDes). The recommended BUMS can be PT, CV or Cooperative. But among the three economic institutions, cooperative is the most suitable for schools. Because, in cooperatives it is not only an economic matter, but in it there is a spirit of mutual assistance, and the spirit of education. BUMS is a manifestation of the creativity of education units under the responsibility of school principals, in addition to educational issues. All BUMS activities are the full responsibility of the principal. However, BUMS is carried out according to the rhythm of the business world, so that this institution is purely a professional economic institution

Overview of the Monopoly Rights of the Social Security Administering Body (BPJS) from the Perspective of Citizens' Health Protection

The monopoly right to health protection granted to the Social Security Administration Agency (BPJS) in Law no. 24 of 2011 concerning BPJS is an attempt to organize a health insurance program effectively and efficiently. However, this monopoly right also raises several problems, first, institutional problems in the implementation of the national social security system (SJSN) and related to choosing a hospital location that is not in accordance with the wishes of BPJS participants. In this legal research, it has a normative research type with a statutory approach related to the BPJS monopoly right in health protection. The research results show that in order to ensure that the national health insurance program can run effectively, coordinated and integrated efforts are needed between the government, BPJS Health, health service providers, and the community. The government needs to increase the allocation of the health budget, ensure efficient use of funds, and find alternative sources of funding

Peran Pasar Modal Syariah Dalam Meningkatkan Perekonomian Di Indonesia

The Islamic capital market is an alternative source of funding as well as an investment vehicle for a company whose operational activities are based on sharia principles. In this case the Islamic capital market affects the level of economic growth of a country. where when the level of investment is high, the country's economic growth will increase and vice versa. The purpose of this study is to determine the role of the Islamic capital market in increasing economic growth in Indonesia. This research uses the literature study method with sources from articles, books and data analysis using descriptive analysis regarding the role of the Islamic capital market in increasing economic growth in Indonesia. The results of the study show that Indonesia's economic growth is inseparable from the role of Islamic stock investment. Economic growth can be measured with the value of Gross Domestic Product (GDP). GDP continues to increase over the past few years, as well as the sharia stock market capitalization which is quite stable. Where is the relationship between capitalization Islamic stock market with a positive Gross Domestic Product (GDP).

Exploring The Perception of BPBD Apparatus on Disaster Budgeting Using a Phenomenological Approach

This phenomenological study explores the perceptions of the Disaster Management Agency (BPBD) officials in Sleman and Bantul districts in planning disaster budgets. Through in-depth face-to-face interviews with four BPBD officials from Sleman and Bantul districts, the study finds that disaster risk assessment plays a significant role in pre-disaster budget allocation, while historical experiences dictate the allocation of funds during and after a disaster. Effective and efficient disaster budgeting in Sleman and Bantul districts requires inter-agency collaboration and a participatory approach involving volunteer communities and the public. The main finding of this study is that budget constraints necessitate alternative sources of funding.

Breaking Down Language Barriers: The Benefits to Patients of Increasing Language Training for Residents A Mini Revie

It is important to understand the significance oflanguage training for residents to enhancecommunication between healthcare providers andpatients. Language barriers can result in adverseoutcomes like medical errors and reduced patientsatisfaction. Effective language training can helpresidents to communicate better with patients, leadingto improved patient-centered care, job satisfaction, andreduced burnout. However, language training programsoften face challenges like funding constraints, timeconstraints, and finding qualified trainers. To overcomethese obstacles, alternative funding sources and onlinelanguage training can be implemented. Residencyprograms must prioritize language training to ensurethat residents possess the skills required tocommunicate effectively with patients who speakdifferent languages

Decision support systems in crowdfunding: A fuzzy cognitive maps (FCM) approach

Crowdfunding as an alternative source of finance to banking is the subject of numerous research works. This research proposes the guidelines of a Decision Support System (DSS) in the area of crowdfunding based on a Fuzzy Cognitive Maps (FCM) approach. A framework consisting of three phases (ten steps) has been proposed to design the guidelines of a DSS in crowdfunding. The first phase focusses in the construction of the FCM. FCM-based scenarios have been built in the second phase. Finally, in the third phase the guidelines of the DSS in crowdfunding have been defined. Results show that DSS using FCM-based scenarios could be useful tools to promoters, funders and managers of crowdfunding projects.

Green Finance: Regulation and Instruments1

Abstract Green finance is the basis for the development of sustainable financing of environmental projects with the aim of respecting environmental and social aspects in making investment decisions. The development of green finance enables a green transition towards economic growth that will be sustainable in the long run because it is based on the principles of preserving the environment and reducing the risk of climate change. This creates a basis for preserving macroeconomic stability based on the development of new alternative sources of financing. The aim of this paper is to present green finance, with special reference to Serbia. The paper covers the regulation of green finance, but also the analysis of green finance instruments in terms of types and features and their development.

Problems Of Financing SMES In Ghana: A Case Study Of Kwahu West And Birim Central Municipalities

Purpose:Considered peripheral to economic and public policy in the past, the role of small and medium enterprises (SMEs) has recently been highly recognized as a critical factor in the economic growth and development strategies of countries worldwide. This notwithstanding, SMEs continue to face a myriad of challenges about financing. The study, among others, sought to explore financing challenges facing SMEs in Kwahu West and Birim Central Municipalities of Ghana.Methodology:A survey questionnaire was used to collect data from 200 senior officers of SMEs in the selected municipalities. Descriptive statistics, Pearson's correlation, and linear regression statistical techniques were employed in data analysis.Findings:The findings indicated that most SMEs in both municipalities were sole proprietorships and needed more capacity and expertise to fulfill the requirements for external funding. Also, SMEs need more access to credit, adequate managerial expertise, information asymmetry, and transaction costs. In addition, the findings indicated that SIZE of SME and SME age have a positive and significant relationship with SME financing. Moreover, alternative funding sources, including equity sources provided by the alternative market of the Ghana Stock Exchange, were identified.Implication:The study concluded that although the financing challenges are real and numerous, stakeholder engagements and general governmental support can help push the growth and sustainability of SMEs. It was recommended that the National Board for Small-Scale Industries compile a register of all SMEs in the country and provide a platform for publishing their annual financial reports.

Corporate tax avoidance and trade credit

We examine the relationship between corporate tax avoidance and reliance on trade credit. Using a sample of US listed firms during the period 1987–2017, we show that tax-avoiding firms rely more on supplier-provided trade credit as a source of financing. We take advantage of the ‘check-the-box’ regulation introduced in 1997 as an exogenous shock to firms’ tax strategies. The findings from the difference-in-differences design suggest a causal interpretation of our results. We also observe that the relationship between tax avoidance and trade credit is more salient for a sub-sample of firms with: (i) more information asymmetry; and (ii) more financing constraints. These findings remain robust to a battery of sensitivity analyses and endogeneity concerns. In an additional analysis, we find that corporate tax avoidance increases firms’ reliance on trade credit by reducing access to bank loans. Overall, we provide evidence that tax avoidance has important implications for a valuable alternative source of financing: trade credit.

USING CRYPTOCURRENCIES IN FINANCING SUSTAINABLE DEVELOPMENT GOAL PROJECTS: SWOT ANALYSIS

The interest and adoption of cryptocurrencies, such as Bitcoin and Ethereum, have significantly increased as a medium of payment and investment. At the same time, the international community has set a list of Sustainable Development Goals (SDGs) to be achieved by 2030, which includes eradicating poverty, protecting the planet, and ensuring peace and prosperity for everyone. One of the most significant challenges in achieving these SDGs is financing the necessary projects to implement them. Traditional financing sources, such as government budgets and private investments, may not be sufficient to cover the enormous costs associated with achieving the SDGs. Therefore, there is a need to explore alternative financing mechanisms to support the implementation of the SDGs. Cryptocurrencies represent a potential alternative source of funding for SDG projects. However, the lack of regulation and the high volatility of cryptocurrency prices may create uncertainty and risk for investors and project stakeholders. Examples of the use of cryptocurrencies in various SDG projects to enable fast and low-cost cross-border transactions are presented. The feasibility of using cryptocurrencies as a financing mechanism for SDG projects, a comprehensive SWOT analysis of the use of cryptocurrencies in financing SDG projects, potential problems and opportunities related to the use of cryptocurrencies for financing SDG projects, practical recommendations for policy makers, project developers and investors who are interested in using cryptocurrencies for financing SDG projects are discussed in the article. To address this issue, this article aims to conduct a SWOT analysis to evaluate the strengths, weaknesses, opportunities, and threats of using cryptocurrencies as a financing mechanism for SDG projects. The analysis will provide valuable insights into the potential benefits and drawbacks of utilizing cryptocurrencies for SDG project financing and identify strategies to mitigate risks and maximize opportunities. Ultimately, this research aims to contribute to the broader conversation around alternative financing mechanisms for sustainable development projects.

Bonds with Variable Coupon as Alternative Source of State Financing for Oil and Gas Industry

The article studies the problem of searching for financing by companies of oil and gas industry. On the one hand, projects in the industry can be highly beneficial in case of positive macro-economic situation, on the other hand, such projects require serious financing on the investment stage. The goal of the research is to develop an alternative mechanism of financing oil and gas industry by bonds with variable coupon rate, which is based on the interest rate of the Central Bank of the Russian Federation, current prices on crude oil of the Urals brand, base price on crude oil fixed in accordance with the Budget Code of the Russian Federation and actual level of oil production. As a result of the research a mechanism of the floating bond coupon was developed, which is not limited in size in case of high oil prices. This mechanism is based on the current interest rate. Unrecoverable budget losses in the budget system are absent in case of granting standard investment privileges for oil and gas projects. Moreover, if situation in oil prices is positive, state can get higher coupon profit on such bonds. The given type of bonds is an alternative source of financing oil and gas projects on the part of state.