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Crowdfunding for sustainability ventures

dc.contributor.authorBento, Nuno
dc.contributor.authorGianfrate, Gianfranco
dc.contributor.authorThoni, Marco Horst
dc.date.accessioned2022-05-09T13:53:00Z
dc.date.available2022-05-09T13:53:00Z
dc.date.issued2019
dc.description.abstractSustainable entrepreneurship is raising and already providing a response to environmental, social and economic issues. However, it is still at disadvantage when seeks funding from traditional providers of capital. Crowdfunding has opened a new possibility for closing such funding gap. This study investigates the role of crowdfunding as a creative source of capital for ventures with sustainable orientation. The analysis seeks to understand to what extent project characteristics influence the ability to raise funds on the world leading reward-crowdfunding platform, and, importantly, to explain their survival post-campaign. Results show that the perceived sustainable mission positively influences the outcome of the campaign. An average survival rate over 70% after one year of operations suggests the creation of healthy sustainability ventures through crowdfunding. Furthermore, a higher percentage of female co-founders improves the chances of success during and after the crowdfunding campaign. The paper discusses implications for the success of crowdfunding campaigns and their development post-campaign in sustainable entrepreneurship.pt_PT
dc.description.versioninfo:eu-repo/semantics/acceptedVersionpt_PT
dc.identifier.doi10.1016/j.jclepro.2019.117751pt_PT
dc.identifier.eid85073642021
dc.identifier.issn0959-6526
dc.identifier.urihttp://hdl.handle.net/10400.14/37476
dc.identifier.wos000483462700106
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/pt_PT
dc.subjectBusiness venturingpt_PT
dc.subjectCrowdfundingpt_PT
dc.subjectSocial entrepreneurshippt_PT
dc.subjectSustainabilitypt_PT
dc.subjectSustainable financept_PT
dc.titleCrowdfunding for sustainability venturespt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.titleJournal of Cleaner Productionpt_PT
oaire.citation.volume237pt_PT
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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