Article Details
  • Published Online:
    July  2024
  • Product Name:
    The IUP Journal of Applied Finance
  • Product Type:
    Article
  • Product Code:
    IJAF0724
  • Author Name:
    Anjali Nath, Dev Kumar and Manjeet Solanki
  • Availability:
    YES
  • Subject/Domain:
    Finance
  • Download Format:
    PDF
  • Pages:
    12
Crowdfunding for Project Financing: A Bibliometric Analysis
Abstract

Crowdfunding is an alternative paradigm for project financing, in which a broad and scattered audience can engage by making relatively small contributions of money. The most common method is to use online platforms that serve as a link between the crowd and the initiatives. The study aims to review the most cited papers on crowdfunding, applying the total citations as the measure of outcome. Scopus database was used to perform citation analysis and select papers. These papers were then filtered for document type and source type with the language of publication being English. This left 1,847 papers, which were adjusted in the descending order of their citations. Only papers published in ABDC-indexed journals were considered. Thus, the top 50 papers were selected. The number of citations ranged from 2,434 to 132 in descending order for the period 2013 to 2020. By highlighting the key features of the top 50 crowdfunding papers cited, the present study seeks to disseminate knowledge that could help researchers recognize key themes, research features, and gaps in existing research.

Introduction

Crowdfunding stems from the wider concept of crowdsourcing (Tomczak and Brem, 2013), which utilizes the crowd to gather opinions, fresh concepts, and solutions to further corporate endeavors (Bayus, 2013). Crowdfunding aims to gather funds required for a certain project.