【正文】 ....................................................................................4 股權(quán)眾籌的界定 ..........................................................................................................4 股權(quán)眾籌的含義 ...................................................................................................4 股權(quán)眾籌的特征 ...................................................................................................4 股權(quán)眾籌的主體 ..........................................................................................................5 股權(quán)眾籌融資者 ...................................................................................................5 股權(quán)眾籌的投資者 ...............................................................................................5 股權(quán)眾籌的融資平臺(tái) ...........................................................................................6 股權(quán)眾籌的發(fā)展?fàn)顩r ..................................................................................................6 股權(quán)眾籌在國外的發(fā)展 .......................................................................................6 股權(quán)眾籌在我國的興起 .......................................................................................7 股權(quán)眾籌的存在價(jià)值 ..................................................................................................7 推動(dòng)金融創(chuàng)新 .......................................................................................................7 扶持小微初創(chuàng)企業(yè)發(fā)展 .......................................................................................8 激發(fā)全民創(chuàng)新創(chuàng)業(yè) ...............................................................................................83 股權(quán)眾籌的運(yùn)行風(fēng)險(xiǎn)分析 ................................................................................................9 股權(quán)眾籌存在的風(fēng)險(xiǎn) ..................................................................................................9 股權(quán)眾籌的法律風(fēng)險(xiǎn) ...........................................................................................9 股權(quán)眾籌的信用風(fēng)險(xiǎn) ...........................................................................................9 股權(quán)眾籌的知識(shí)產(chǎn)權(quán)風(fēng)險(xiǎn) .................................................................................10 股權(quán)眾籌運(yùn)行風(fēng)險(xiǎn)的原因 ........................................................................................10 法律法規(guī)滯后 ......................................................................................................10 監(jiān)管制度不健全 ..................................................................................................114 股權(quán)眾籌運(yùn)行風(fēng)險(xiǎn)的防范對(duì)策 ......................................................................................12 完善股權(quán)眾籌的相關(guān)立法 ........................................................................................12 適當(dāng)限定投融資額度以及投資者人數(shù) .............................................................12 明確融資者及平臺(tái)的信息披露義務(wù) .................................................................12 建立與完善相關(guān)制度體系 ........................................................................................13 建立股權(quán)眾籌平臺(tái)核準(zhǔn)制度 .............................................................................13 建立投資者資格認(rèn)證制度 .................................................................................13 完善知識(shí)產(chǎn)權(quán)保護(hù)制度 .....................................................................................14結(jié) 論 ..............................................................................................................................15參考文獻(xiàn) ..............................................................................................................................16致 謝 ..............................................................................................................................171 / 341 緒 論1 / 34 研究背景與意義 研究背景股權(quán)眾籌作為近年來興起的一種新型的融資模式，代表著互聯(lián)網(wǎng)金融的發(fā)展方向與趨勢(shì)。關(guān)鍵詞：股權(quán)眾籌；風(fēng)險(xiǎn)；投資者；融資者 i / 34AbstractAs a new way of financing, equitybased crowdfunding got a rapid raise in our country. It broke the financing restrictions and reduce financing costs. Equitybased crowdfunding has the advantages which traditional financing cannot matched. In the meantime, it also solves the financing problems of small enterprises effectively. Equitybased crowdfunding has the value in promoting financial innovation, supporting for small enterprises, and stimulating innovation and entrepreneurship of our country. But as a new financing tool, equitybased crowdfunding also has legal risk, credit risk, the risk of intellectual property rights. Thus we need to learn from foreign experience in legislation and practice. We should prevent and control such risks through improve the relevant legislation, and focus on the establishment of relevant institutional system.Key words：Equitybased Crowdfunding。（簽字） 年 月 日教研室主任意見：（簽字） 　 年 月 日院長意見：（簽字） 　 　　　　　　　　　 年 月 日3 / 34畢 業(yè) 論 文 審 閱 評(píng) 語一、指導(dǎo)教師評(píng)語：指導(dǎo)教師簽字：年 月 日畢 業(yè) 論 文 審 閱 評(píng) 語 二、評(píng)閱人評(píng)語：評(píng)閱人簽字：年 月 日5 / 34畢 業(yè) 論 文 答 辯 評(píng) 語 及 成 績?nèi)?、答辯委員會(huì)評(píng)語：四、畢業(yè)論文成績：專業(yè)答辯組負(fù)責(zé)人簽字：　年　　月　　日五、答辯委員會(huì)主任單位：