Crowdfunding in public sector : a systematic literature review

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 study organizes existing research on the crowdfunding in the public sector in order to investigate the current state and what value e-government is supposed to yield. Despite the importance and relevance of the topic, deficiencies related to a comprehensive review of crowdfunding in the public sector are noticed. The aim of the article is to synthesize the previous crowdfunding research in the context of the public sector. A systematic literature review was used, including, as a bibliometric technique, frequency and content analysis. The subject literature was selected on the basis of foreign scientific databases, such as: Web of Science and Scopus. The analysis covered 64 articles on crowdfunding in public organizations published from 2006 to 2018. Based on a systematic literature review, a theoretical framework for future research on crowdfunding in the public sector is developed in the context of the ways of crowdfunding defining and operationalizing, crowdfunding types, goals of crowdfunding, antecedents of crowdfunding, and outcomes of crowdfunding. Regarding the current state of research into the crowdfunding in the public sector this study is based on the research including existing theories and socio-economic, financial, behavioral, and regulatory perspectives. There is also a lack of comparative studies on the national level.