Simulation of crowdfunding in the ecosystem of entrepreneurship

The purpose of this study was to simulate crowdfunding in the technology entrepreneurship ecosystem in order to better understand this phenomenon. The research method is a qualitative-quantitative mixture based on the system dynamics method. For data collection, library studies, review of scientific literature, articles and specialized publications, and interviews with experts were used. Data analysis and analysis was done using the system's dynamics approach and using Vensim software. The results of the analysis of the data showed that the research model as well as the interactions of the effective variables in this regard, such as the role of government, investors, entrepreneurs and so on. Cash flows show a high sensitivity to changes in the number of investors (population) per unit. Increasing economic regulation also has many effects on the variables of sustainable entrepreneurship development and the development of crowdfunding platforms, in which the development of sustainable entrepreneurship is sharply increasing. And increasing investment will have a beneficial effect on strengthening innovation in centers of growth and technology and reducing government interference; changing the costs of promotion will increase the rate of promotion of crowdfunding in the 18th to 30th period and have a very good effect on tax cuts.