Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/288602 
Year of Publication: 
2020
Citation: 
[Journal:] Management Review Quarterly [ISSN:] 2198-1639 [Volume:] 71 [Issue:] 2 [Publisher:] Springer International Publishing [Place:] Cham [Year:] 2020 [Pages:] 433-453
Publisher: 
Springer International Publishing, Cham
Abstract: 
This article systematically reviews literature at the intersection of crowdfunding and sustainability. It analyzes the extent to which the current research foci in crowdfunding and sustainability contribute to unleashing the potential of crowdfunding for sustainable development. The findings highlight that the research field has a relatively short history but already shows signs of growing maturity. With regard to the research foci, the results reveal misbalances between the relevance ascribed to various aspects in research and in practice. For example, the research primarily deals with the types of crowdfunding that make up the smallest shares of the crowdfunding volume. Likewise, a research gap related to the post-funding phase as well as to environmental oriented projects is identified. On this basis, it is recommended to focus future research on the impact of crowdfunding projects on staying within the planetary boundaries and on crowdfunding projects dealing with environmental issues or integrating the social and environmental dimension of sustainability. Additionally, the potential of crowdfunding as a legitimizing function for sustainable ventures needs to be researched.
Subjects: 
Crowdfunding
Sustainability
Systematic literature review
Sustainable development
Sustainable entrepreneurship
JEL: 
G24
G29
Q56
Q59
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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