Crowdfunding sustainable entrepreneurship: What are the characteristics of crowdfunding investors?

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

By addressing the financing gap for sustainable entrepreneurs, crowdfunding holds great potential to tackle environmental and social issues. Characterizing the target group of crowdfunding projects can enhance their funding success because a higher number of supporters can be attracted. Still, little knowledge is available about the types of supporters who invest in sustainability-oriented crowdfunding projects. Therefore, this study identifies such supporters’ socio-demographic characteristics and individual values based on Schwartz’s theory of basic human values. Drawing on a data set of 282 respondents from the German population, the typical supporter of sustainability-oriented crowdfunding projects is young, well-educated, familiar with crowdfunding and holds low levels of self-enhancement and conservative values. Based on these insights, recommendations are made for project initiators, as well as platform providers, which include specifically targeting younger, well-educated individuals with rather liberal and less-conservative values.
Original languageEnglish
Article number125667
JournalJournal of Cleaner Production
Volume290
Number of pages9
ISSN0959-6526
DOIs
Publication statusPublished - 25.03.2021

Bibliographical note

This work was supported by the Deutsche Bundesstiftung Umwelt (grant number 34844 ).

Publisher Copyright:
© 2021 Elsevier Ltd

Recently viewed

Publications

  1. Valuation of Biodiversity ‐ A NERC scoping study
  2. Metabolites and Transformation Products of Pharmaceuticals in the Aquatic Environment as Contaminants of Emerging Concern
  3. Bilderschrift und kartographischer Eingriff
  4. Peer Feedback-basierte E-Portfolioaufgaben zur Förderung von Reflexionskompetenz in der universitären Lehrkräftebildung im Fach Englisch
  5. Gesellschaft in Stein gemeißelt
  6. The relationship between plant species richness and soil pH vanishes with increasing aridity across Eurasian dry grasslands
  7. Die Heilige Sippe und die Mediengeschichte des Triptychons
  8. Assessing the impact of patient-involvement healthcare strategies on patients, providers, and the healthcare system
  9. Am Ende der Bildung
  10. Michael Hoffmann. 2017. Stil und Text. Eine Einführung (Narr Studienbücher). Tübingen: Narr/Francke/Attempto
  11. E-Learning im Musikunterricht
  12. Extreme Bounds of Democracy
  13. § 284 Ersatz vergeblicher Aufwendungen
  14. Christopher Adair-Toteff (Ed.), The Anthem Companion to Ernst Troeltsch
  15. Das Projekt ELLA international
  16. Rezension von Warnke, Martin: Theorien des Internet zur Einführung
  17. Chancen und Risiken im Kontext von Migration und Adoleszenz
  18. Creativity and entrepreneurship
  19. Mehr Schein als Sein?
  20. Aspekte eines individuell-sinnvollen Koordinations- und Stabilisationstraining im Mädchen-Fußball
  21. Produktion und Gebrauch
  22. Works councils and separations
  23. What do doctors and nursing staff know about pharmaceutical residues in the water cycle and how do they handle them?
  24. Métodos de enseñanza y aprendizaje interdisciplinario
  25. Job characteristics
  26. Ludifizierung von Kultur
  27. Export und Import im Verarbeitenden Gewerbe
  28. Finanzierungsstrategien kleiner und mittlerer Unternehmen
  29. Kompositionseffekte bei der Notenvergabe in Mathematik auf der 4. Schulstufe der österreichischen Volksschule
  30. Nicht ohne die Anderen
  31. Unions as insurance: Workplace unionization and workers' outcomes during COVID-19
  32. Die neue Jugendkultur
  33. Erkennung und klassifizierung von harmonischen transienten mit trigonometrischen glatten wavelet-paketen
  34. Organizational Practice Transfer within a Transnational Professional Service Firm
  35. Die mediale Erfindung der Gesellschaft
  36. Die Unbeständigkeit der wilden Seele
  37. Professionelle Lernbegleitung
  38. Evaluation of strength and power in upper extremities in wheelchair athletes
  39. Die Fotobefragung