Navigating crowdfunding for sustainability: Practical implications mapped

• 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.

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Publication Details

Journal
Finance research letters
Published
2025-02-13
DOI
https://doi.org/10.1016/j.frl.2025.106958
Citations
7
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
15.99
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article

Navigating crowdfunding for sustainability: Practical implications mapped

Mariacarmela Passarelli, Ernesto Cardamone, Giuseppe Bongiorno
7 citations
Finance research letters
FinTech, Crowdfunding, Digital Finance
15.99
article

Navigating crowdfunding for sustainability: Practical implications mapped

Mariacarmela Passarelli, Ernesto Cardamone, Giuseppe Bongiorno
article en
7 citations

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.

Finance research lettersVol. 76
University of Calabria (IT)
Openalex Percentile: Top 1%
FinTech, Crowdfunding, Digital Finance
15.99
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