Abstract
Crowdfunding (CF) in a social entrepreneurship (SE) context is praised in media narrations for its multifaceted potential. From an academic point of view, little has been written about CF as a whole, and enquiries from the SE sphere are mostly concerned with donation-based CF. This paper first reviews extant literature on financing social ventures and CF. Based upon the findings, the author draws up a schema of CF's inner workings and subsequently discusses it in an SE context. From this model, a research agenda consisting of eight themes is derived: types and utility functions; corporate governance; investor relations, reporting and risk; opportunity recognition; networking; legitimacy; financial metrics and legal and regulatory hurdles.
| Original language | English |
|---|---|
| Peer-reviewed scientific journal | Venture Capital |
| Volume | 15 |
| Issue number | 4 |
| Pages (from-to) | 289-311 |
| Number of pages | 23 |
| ISSN | 1369-1066 |
| DOIs | |
| Publication status | Published - 01.10.2013 |
| MoE publication type | A2 Review article in a scientific journal |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Keywords
- crowd
- entrepreneurship
- financing
- funding
- social investment
- venturing
- 512 Business and Management
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