Work

Navigating crowdfunding for sustainability: Practical implications mapped

Year: 2025

Type: article

Abstract: • Synthesized 76 studies on sustainable crowdfunding using Structural Topic Modeling. • Identified three themes: environmental catalyst, social entrepreneurship, co-innovation. • Developed a practical framework for stakeholders to leverage crowdfunding. • Offered actionable insights to advance sustainability through crowdfunding. Crowdfunding has emerged as a vital alternative financing source for innovative and sustainable projects. However, stakeholders often find it challenging to apply insights from existing research effectively. This paper synthesizes the findings of a selection of studies from the literature employing Structural Topic Modeling. The analysis identifies three themes: crowdfunding as a catalyst for environmental sustainability, as a platform for socially conscious entrepreneurship, and as a means for co-developing innovation. By bridging the gap between academic research and practice, this research facilitates the utilization of crowdfunding to advance environmental sustainability, promote social entrepreneurship, and foster collaborative innovation.

Source: Finance research letters

DOI: 10.1016/j.frl.2025.106958

Authors: Giuseppe Bongiorno, Ernesto Cardamone, Mariacarmela Passarelli

Institution: University of Calabria

Language: English

Topic: FinTech, Crowdfunding, Digital Finance

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Responsible consumption and production

Open Access status: hybrid

Estimated APC paid: $3,730