SpringerBriefs in Economics Crowdfunding - Bishnu Kumar Adhikary Kenji Kutsuna Takaaki Hoda Kartoniert (TB)

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.