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Crowdfunding in the Public Sector - Theory and Best Practices (Paperback, 1st ed. 2021)
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Crowdfunding in the Public Sector - Theory and Best Practices (Paperback, 1st ed. 2021)
Series: Contributions to Finance and Accounting
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In recent years, crowdfunding has become important and it has been
enthusiastically used not only by commercial organizations but also
by the public sector. This alternative source of financing in times
of constrained government budgets enables citizens to vote with
their dollars online to bring ideas into reality. This book sheds
light on the developing concept of crowdfunding in the public
sector, with an overview of current academic discussions and best
practices on crowdfunding in the public sector. The volume
approaches crowdfunding in the public sector from an integrated
perspective, addressing the dearth of publications on the subject.
The book gathers a wealth of theoretical information, ideas, best
practices and lessons learned in the context of executing concrete
crowdfunding projects, and assess methodological approaches to
integrating the topic of crowdfunding in public organizations
curricula. The book provides definitions, insights and examples of
this managerial perspective resulting in a theoretical framework of
crowdfunding in the public sector. The contributors also explore
different crowdfunding applications in public sectors such as local
government, higher education, schools, arts & culture
organizations, healthcare, energy sector, and police services,
which are presented in several case studies. This is a unique book
in the field that points the way forward both for policymakers and
for the research community in terms of thinking about crowdfunding
in the public sector and the complex issues surrounding its
development.
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