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  • © 2021

Crowdfunding in the Public Sector

Theory and Best Practices

  • Describes six case studies of crowdfunding in the public sector
  • Includes a checklist to help with crowdfunding processes
  • Discusses trends and implementation challenges specific to the public sector

Part of the book series: Contributions to Finance and Accounting (CFA)

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Table of contents (12 chapters)

  1. Front Matter

    Pages i-xii
  2. Assessing the Maturity of Crowdfunding and Alternative Finance Markets

    • Karsten Wenzlaff, Ana Odorovic, Ronald Kleverlaan, Tania Ziegler
    Pages 65-75
  3. Crowdsourcing in Higher Education: Theory and Best Practices

    • Varsha Agarwal, Aneesya Panicker, Avnish Sharma, Rohit Rammurthy, L. Ganesh, Shiva Chaudhary
    Pages 127-135
  4. Success Prediction of a Crowdfunding Project in Art Categories

    • Cem Gürler, Mehmet Çağlar
    Pages 147-166
  5. A Novel Framework for Energy Audit Based on Crowdsourcing Principles

    • K. S. Sastry Musti, Gloria N. T. Paulus, James Katende
    Pages 167-186
  6. Crowdsourcing for Sustainability: Case of Sustainable Development Goals

    • Aldo Alvarez-Risco, Shyla Del-Aguila-Arcentales
    Pages 187-196

About this book

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.

Editors and Affiliations

  • Jagiellonian University in Kraków, Kraków, Poland

    Regina Lenart-Gansiniec

  • Tsinghua University, Beijing, China

    Jin Chen

About the editors

Regina Lenart-Gansiniec is an Associate Professor at Jagiellonian University in Krakow, Poland. As a scientist, she conducts research within strategic management, focused on organizational learning and knowledge management, crowdsourcing and organizational unlearning. Her interest as well as the research projects granted by National Science Centre in Poland and European Commission targets educational sector including higher education. Reviewer and member of the Editorial Board of many recognized scientific journals and scientific conferences in Poland and in the world (Scopus, Web of Science). She is the Editor-in-Chief of “International Journal of Contemporary Management”. She is a member of European Group for Organizational Studies, and International Society for Professional Innovation Management. 

Jin Chen is Professor for Innovation, Entrepreneurship and Strategy at Tsinghua University (China). Jin Chen is also the Director of Research Center forTechnological Innovation of Tsinghua University. He has been awarded a Special Government Allowance from the State Council of China, the Huo Yingdong Youth Teacher Prize and the 'Young university teachers award' from the Ministry of Education of China. In 2014, Jin Chen was honored as a distinguished professor of Chang Jiang scholars as the first scholar in the field of technological innovation management.  His research and teaching mainly focuses on management of technological innovation, and he hundreds papers at the leading journals like Research Policy, Technovation, R&D Management, IEEE transactions on Engineering Management et al. He is founding editor of International Journal of Innovation Studies and Editor in Chief of International Journal of Knowledge Management Studies, and Co-Editor for Global Transitions.


Bibliographic Information

  • Book Title: Crowdfunding in the Public Sector

  • Book Subtitle: Theory and Best Practices

  • Editors: Regina Lenart-Gansiniec, Jin Chen

  • Series Title: Contributions to Finance and Accounting

  • DOI: https://doi.org/10.1007/978-3-030-77841-5

  • Publisher: Springer Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

  • Hardcover ISBN: 978-3-030-77840-8Published: 28 July 2021

  • Softcover ISBN: 978-3-030-77843-9Published: 29 July 2022

  • eBook ISBN: 978-3-030-77841-5Published: 27 July 2021

  • Series ISSN: 2730-6038

  • Series E-ISSN: 2730-6046

  • Edition Number: 1

  • Number of Pages: XII, 196

  • Number of Illustrations: 9 b/w illustrations, 3 illustrations in colour

  • Topics: Public Finance, Financial Engineering, Public Administration

Buy it now

Buying options

eBook USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 199.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access