This book discusses the concepts types models and patterns of crowdfunding to provide a
comprehensive portrait of this newly developed market-based financial tool. In addition it
examines a number of economic theories to help readers understand the proliferation of
crowdfunding reviews empirical works to find gaps in the literature and outlines future
research directions. A unique feature of this book is that it discusses Japan's crowdfunding
approach which is somewhat different from that of the Western countries by highlighting a
specific crowdfunding platform (Music Securities) and a crowdfund-backed firm (SABAR
restaurant). Further it explores the suitability of Japan's crowdfunding approach for
addressing the financial needs of SMEs in developing countries using Bangladesh as a
representative case. Finally the book identifies some lessons learned from crowd funding so as
to advance research into this phenomenon and to make it efficient and sustainable. As such
the book will benefit novices academics researchers and policymakers interested in
crowdfunding technology.
