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Bento, N., Gianfrate, G. & Thoni, M. H. (2019). Crowdfunding for sustainability ventures. Journal of Cleaner Production. 237
N. M. Bento et al., "Crowdfunding for sustainability ventures", in Journal of Cleaner Production, vol. 237, 2019
@article{bento2019_1732209982000, author = "Bento, N. and Gianfrate, G. and Thoni, M. H.", title = "Crowdfunding for sustainability ventures", journal = "Journal of Cleaner Production", year = "2019", volume = "237", number = "", doi = "10.1016/j.jclepro.2019.117751", url = "https://www.sciencedirect.com/science/article/pii/S0959652619326113?via%3Dihub" }
TY - JOUR TI - Crowdfunding for sustainability ventures T2 - Journal of Cleaner Production VL - 237 AU - Bento, N. AU - Gianfrate, G. AU - Thoni, M. H. PY - 2019 SN - 0959-6526 DO - 10.1016/j.jclepro.2019.117751 UR - https://www.sciencedirect.com/science/article/pii/S0959652619326113?via%3Dihub AB - Sustainable 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 cofounders 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. ER -