Problems of Innovative Science and Technology Center Financing From Budgetary Funds

This article attempts to identify and analyze the problems of financial support for the creation and functioning of innovative science and technology centers (ISTCs) at the expense of the budgetary system of the Russian Federation which require their solution, in particular through improving legislation. The article provides an overview of the legal problems associated with the creation of ISTCs, the determination of the effectiveness of the Russian Federation’s tax expenditures on activities of the ISTCs, and the assessment of the volume and permissible directions of budget financing of the ISTCs. Conclusions are made about the absence of any formal criteria for support, or refusal to support, proposals to create an ISTC presented by the project initiator, including those related to the financial and economic justification of the requested amount of funds from the budgets of the budgetary system of the Russian Federation, as well as about the biased nature of budgetary efficiency calculation for Russia’s tax expenditures on activities of the ISTCs. The paper also contains proposals on possible mechanisms for determining and assessing the validity of financial support for ISTCs from the federal budget declared by project initiators.

Risks of private investors in financing housing construction

In public are considered the functioning features of mechanism of financing of housing construction through the Construction Financing Fund (CFF), the main investor risks of using CFF and pre-conditions of their origins are defined. It is educed that decision-making about investing using CFF must consist of two stages: on the first stage a bailiff chooses an investment project, initiator and proprietor the Builder, on the second stage the choice of object of investing is made by investor. The principles of choice and the model of choosing the Builder by bailiff are developed; the principles, model and methods of Investor's choice of investment object are offered. The control system was developed to monitor the pre- conditions of risk origins. The suggestions of legislative base improvements in relation to CFF are developed to decrease the risks of investors.

Spotlight on voices from the community “RomArchive – The Digital Archive of the Roma”

“Spotlight on voices from the community” is a section of the International Journal of Roma Studies (IJRS) where interviews, experiences, initiatives and other news related with the Roma will be collected. This section aims to highlight and share the voices from the community, especially from the Roma People, in order to know more about how to improve the situation of this population and having more information and other points of view about Roma around the world. In this Issue, IJRS dedicates this section to “RomArchive – The Digital Archive of the Roma” (Germany). This paper has been written by Isabel Raabe, one of the RomArchive Project Initiator.

DEBU DAN KAPASITAS PARU MASYARAKAT DI SEKITAR PROYEK REHABILITASI DAS TONDANO DI KELURAHAN KARAME

The Tondano watershed rehabilitation project is a project that consists of the construction of embankments and roads along the Tondano river. This project activity can cause air pollution, which has the potential to affect the occurrence of public health problems, especially the occurrence of lung capacity disorders. From the results of the preliminary service, it was found that some people complained of frequent coughing, runny nose and shortness of breath. Based on this fact, research was conducted on the effect of dust on the disruption of the lung capacity of the community. This research is a descriptive study. The samples in this study were 26 people. The instrument used to measure lung capacity is a spirometer. The variables studied were Das Tondano Rehabilitation Project Dust levels and Lung Capacity. The results showed that the level of dust in the study area around the Das Tondano rehabilitation project site in Environment 4 of Karame Sub-district was the value of dust content at point I 266 μg / m3, point II 644 μg / m3, point III 488 μg / m3. Average value of 466 µg / m3. above the PP 41/2009 quality standard of 230 μg / m3. From the measurement of lung capacity, the incidence of lung capacity is 4 people (15.4%). In the project initiator to carry out regular ambient air quality monitoring around the Das Tondano rehabilitation project and efforts to control air pollution by carrying out road pollution every day.

INCREASING CROWDFUNDING SUCCESS THROUGH SOCIAL MEDIA: THE IMPORTANCE OF REACH AND UTILISATION IN REWARD-BASED CROWDFUNDING

The rising use of crowdfunding makes it important for project initiators to know how they can increase the likelihood of success of their crowdfunding campaign. The effects of using social media, although relatively easy to do via most crowdfunding platforms, have not yet been analysed in greater detail in scientific research. We address this research gap by investigating the effects of social media reach and utilisation on measures of reward-based crowdfunding success, based on an analysis of 230 projects from the crowdfunding platform wemakeit. Our results show that social media reach via the number of social media accounts that belong to the project and the number of accounts that belong to the project initiator increases the number of investors and the percentage of the funding goal that is obtained. Furthermore, social media reach via the size of the projects’ and the individuals’ social networks has not been found to be important for crowdfunding success. Social media utilisation in regard to the amount of content shared is found to be positively associated with crowdfunding success.

The role of a predictive analytics project initiator in the integration of financial and operational forecasts

Purpose The purpose of this paper is to investigate the initiation of accounting information system projects. Specifically, it examines the role of the predictive analytics (PA) project initiator in the integration of financial and operational sales forecasts. Design/methodology/approach The study uses a field study method to address the studied phenomenon in eight Finnish companies that have recently adopted PA systems. The data are primarily based on 19 interviews in the companies and five interviews with the PA consultants. Findings The authors found that initiators appear to play a major role regarding the degree of integration of financial and operational sales forecasts. The initiators from an accounting function have a tendency to pay more attention to the integration than the representatives from other functions, such as operations and sales. Practical implications The study also makes a practical contribution to companies in showing and discussing the important role of the accounting department as an initiator of a project if the target is to achieve a tight coupling of financial and operational forecast figures, i.e., “one set of numbers”. Originality/value Even though companies have increasingly adopted PA systems in recent years, we still know little about how the initiation affects the design of accounting information systems overall. The central contribution of the paper, therefore, is to show that if a PA project is initiated by the accounting department, data integration becomes more likely. It contributes also to the discussion related to the appropriateness of data integration in the context of forecasting.

Innovative funding solution for special projects: Crowd funding

The aim of this paper is to examine the influence of crowd funding knowledge, applica-tion, platform, and project initiator toward successful crowd funding. This study conducted by quantitative approach, data have been collected with web-based ques-tionnaires via Kickstarter.com direct message and e-mail to 200 successful crowd funding project initiators as a sample and as much 152 sets questionnaire returned by a complete answer and should be analyzed further. Deployment and data collection take 3 month from October to December 2013. This study found evidence that crowd funding knowledge, crowd funding application, crowd funding platform, and project initiator has positive and significant relationship toward the success of crowd funding. The implication from this research is crowd funding can be a source of capital to finance the projects, not just rely on traditional sources of financing just like banking and capital markets. Crowd funding can be innovative funding solution.