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Sustainable crowdfunding for subsistence entrepreneurship
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).ORCID iD: 0000-0001-9248-3705
Montpellier Business School, Montpellier, France.
2020 (English)In: Entrepreneurship and the community: A multidisciplinary perspective on creativity, social challenges, and business / [ed] Vanessa Ratten, Cham: Springer, 2020, p. 49-62Chapter in book (Refereed)
Abstract [en]

Crowdfunding research to date has mainly focused on the nature and dynamics characterizing platforms containing creative and innovative ideas, while less attention has been given to subsistence entrepreneurship which centers on social, environmental, and economic concerns. This chapter develops a conceptual framework to examine the sustainable crowdfunding process supporting subsistence entrepreneurship, and then using the framework, the case illustration of Kiva is presented to describe how sustainable crowdfunding facilitates the development of ventures created to alleviate poverty and promote sustainability. The proposed framework combines elements of crowdfunding with aspects of sustainability, as well as subsistence entrepreneurship. Subsistence entrepreneurship includes the actions, activities, and processes undertaken by individuals living in the bottom of the pyramid to promoting sustainability. Crowdfunding acts as a key tool to attract financial means relevant for subsistence entrepreneurship. The chapter concludes with a discussion of key implications that arise from this research.

Place, publisher, year, edition, pages
Cham: Springer, 2020. p. 49-62
Series
Contributions to Management Science
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-46295DOI: 10.1007/978-3-030-23604-5_4Scopus ID: 2-s2.0-85072063931ISBN: 978-3-030-23603-8 (print)ISBN: 978-3-030-23604-5 (electronic)OAI: oai:DiVA.org:hj-46295DiVA, id: diva2:1353310
Note

Published online 27 August 2019.

Available from: 2019-09-23 Created: 2019-09-23 Last updated: 2019-09-24Bibliographically approved

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Arshad, NadiaRamirez-Pasillas, Marcela

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