A systematic literature review of crowdfunding and sustainability: highlighting what really matters
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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in: Management Review Quarterly, Jahrgang 71, Nr. 2, 04.2021, S. 433-453.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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TY - JOUR
T1 - A systematic literature review of crowdfunding and sustainability
T2 - highlighting what really matters
AU - Böckel, Alexa
AU - Hörisch, Jacob
AU - Tenner, Isabell Maria
N1 - Funding Information: Funding was provided by Deutsche Bundesstiftung Umwelt (Grant no. 34844/01). Acknowledgements Publisher Copyright: © 2020, The Author(s).
PY - 2021/4
Y1 - 2021/4
N2 - This article systematically reviews literature at the intersection of crowdfunding and sustainability. It analyzes the extent to which the current research foci in crowdfunding and sustainability contribute to unleashing the potential of crowdfunding for sustainable development. The findings highlight that the research field has a relatively short history but already shows signs of growing maturity. With regard to the research foci, the results reveal misbalances between the relevance ascribed to various aspects in research and in practice. For example, the research primarily deals with the types of crowdfunding that make up the smallest shares of the crowdfunding volume. Likewise, a research gap related to the post-funding phase as well as to environmental oriented projects is identified. On this basis, it is recommended to focus future research on the impact of crowdfunding projects on staying within the planetary boundaries and on crowdfunding projects dealing with environmental issues or integrating the social and environmental dimension of sustainability. Additionally, the potential of crowdfunding as a legitimizing function for sustainable ventures needs to be researched.
AB - This article systematically reviews literature at the intersection of crowdfunding and sustainability. It analyzes the extent to which the current research foci in crowdfunding and sustainability contribute to unleashing the potential of crowdfunding for sustainable development. The findings highlight that the research field has a relatively short history but already shows signs of growing maturity. With regard to the research foci, the results reveal misbalances between the relevance ascribed to various aspects in research and in practice. For example, the research primarily deals with the types of crowdfunding that make up the smallest shares of the crowdfunding volume. Likewise, a research gap related to the post-funding phase as well as to environmental oriented projects is identified. On this basis, it is recommended to focus future research on the impact of crowdfunding projects on staying within the planetary boundaries and on crowdfunding projects dealing with environmental issues or integrating the social and environmental dimension of sustainability. Additionally, the potential of crowdfunding as a legitimizing function for sustainable ventures needs to be researched.
KW - Sustainability sciences, Management & Economics
KW - crowdfunding
KW - Systematic literature review
KW - Crowdfunding
KW - Sustainability
KW - Sustainable development
KW - Sustainable entrepreneurship
UR - http://www.scopus.com/inward/record.url?scp=85086175678&partnerID=8YFLogxK
U2 - 10.1007/s11301-020-00189-3
DO - 10.1007/s11301-020-00189-3
M3 - Journal articles
VL - 71
SP - 433
EP - 453
JO - Management Review Quarterly
JF - Management Review Quarterly
SN - 2198-1620
IS - 2
ER -