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Crowdfunding Sustainability

Name: Crowdfunding Sustainability
Keywords: VDP::Samfunnsvitenskap: 200::Økonomi: 210, crowdfunding success, sustainable development, crowdfunding models, sustainability-oriented crowdfunding platforms, sustainability, sustainable entrepreneurship, crowdfunding challenges

descriptionPublicationkeyboard_double_arrow_right Part of book or chapter of book 01 Jan 2020 Norway English Publisher:Springer

Authors: Mæhle, Natalia; Otte, Pia; Drozdova, Natalia;

handle: 11250/2721641 , 11250/2721077 , 11250/3135932

Crowdfunding Sustainability

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Abstract

The chapter focuses on using crowdfunding for financing sustainable projects, that is projects aiming to extend their goal beyond market success and provide benefit to the larger part of society. The chapter discusses the definition and dimensions of sustainable development and sustainable entrepreneurship and provides an overview of the existing literature on crowdfunding of sustainable projects. The authors also review four European sustainability-oriented crowdfunding platforms representing different crowdfunding models. This review reveals that sustainable projects have rather high success rates in crowdfunding and may address all the three dimensions of sustainable development. However, environmental dimension gets the most attention. All the crowdfunding models are relevant for sustainable projects; yet, Loan-based crowdfunding seems to have the highest success rates. Moreover, focus on a particular dimension of sustainability may influence the choice of the crowdfunding model.

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Norway

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Keywords

VDP::Samfunnsvitenskap: 200::Økonomi: 210, crowdfunding success, sustainable development, crowdfunding models, sustainability-oriented crowdfunding platforms, sustainability, sustainable entrepreneurship, crowdfunding challenges

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