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Introduction: From Fundamentals to Advances in Crowdfunding Research and Practice

In: Advances in Crowdfunding

Author

Listed:
  • Rotem Shneor

    (University of Agder)

  • Liang Zhao

    (University of Agder)

  • Bjørn-Tore Flåten

    (University of Agder)

Abstract

The chapter introduces the phenomenon of crowdfunding while presenting its definition and main manifestations in recent years. It then discusses the roles played by the various parties to a crowdfunding transaction, as well as the benefits each may gain from such engagement. Overall, it argues for a win-win situation, where all parties become better off from involvement in a responsible crowdfunding engagement. Furthermore, the chapter highlights the process dimension of crowdfunding, as represented through a series of three main stages, which are further specified into a seven sub-stage model. Each stage in the process depends on successful completion of the stage preceding it and relates to concrete activities and considerations that should be taken at different points in time. The chapter concludes with a review of the chapter contributions included in this book and highlights their main contributions.

Suggested Citation

  • Rotem Shneor & Liang Zhao & Bjørn-Tore Flåten, 2020. "Introduction: From Fundamentals to Advances in Crowdfunding Research and Practice," Springer Books, in: Rotem Shneor & Liang Zhao & Bjørn-Tore Flåten (ed.), Advances in Crowdfunding, edition 1, chapter 1, pages 1-18, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-46309-0_1
    DOI: 10.1007/978-3-030-46309-0_1
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    Citations

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    Cited by:

    1. Lenny Phulong Mamaro & Athenia Bongani Sibindi, 2024. "The Role of Entrepreneur’s Face Disclosure on Crowdfunding Success," Risks, MDPI, vol. 12(10), pages 1-19, October.
    2. Zhao, Liang & Sun, Zhe & Chen, Si & Gugnani, Ritika & Sahore, Nidhi, 2024. "Social media opinion leaders and information diffusion of crowdfunding projects: Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    3. Kaimuk Panitkulpong & Amnuay Saengnoree & Thapong Teerawatananond, 2024. "Financial Innovation and Crowdfunding: Influencing Investment Decisions in Tech Startups," IJFS, MDPI, vol. 12(4), pages 1-17, October.
    4. Biplob Hossain & Gazi Md. Shakhawat Hossain & Sagar Kumar & Rabin Mridha, 2024. "Exploring the Potential of Islamic Crowdfunding as an Alternative Financing Source for Entrepreneurs in Bangladesh," International Journal of Science and Business, IJSAB International, vol. 41(1), pages 56-68.

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