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External Social Capital for Post-Campaign Commercialization: A multiple case study on Crowdfunded Sustainability-oriented ventures.
Jönköping University, Jönköping International Business School.
Jönköping University, Jönköping International Business School.
2021 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Sustainable development
Sustainable Development
Abstract [en]

Sustainable entrepreneurs are a relatively new breed of entrepreneurs who use innovations to tackle environmental and societal challenges. Because their ventures focus on sustainable value creation rather than financial performance, crowdfunding is a novel method of fundraising that helps these sustainability-oriented ventures get the capital they need through campaigns conducted on online reward-based crowdfunding platforms such as Kickstarter and Indiegogo. There is adequate research about their funding, but little investigation exists about how they commercialize their ventures post-campaign. We believe that the social capital theory provides a promising lens to deeply understand this period. In particular, this paper argues that social capital arising from outside of the crowdfunding platforms (i.e. external social capital) has a strong influence on the overall post-campaign commercialization activities, which include the broad categories of continued production, logistics and marketing. A qualitative abductive case study research with five crowdfunded ventures offering sustainability-oriented products is conducted in order to derive a deeper understanding about this niche. Findings are compared with current literature in order to reveal that two particular dimensions of social capital play the most crucial role in post-campaign commercialization- External Relational and External Cognitive. These dimensions involve different relational and cognitive facets that come into play between the sustainable entrepreneurs and the external social capital, facilitating the post-campaign commercialization process.

Place, publisher, year, edition, pages
2021. , p. 64
Keywords [en]
Crowdfunding, Post-Campaign, Commercialization, Sustainable Entrepreneurship, Social Capital, External Social Capital, Relational Social Capital, Cognitive Social Capital
National Category
Business Administration Other Engineering and Technologies
Identifiers
URN: urn:nbn:se:hj:diva-53190ISRN: JU-IHH-GMT-2-20210096OAI: oai:DiVA.org:hj-53190DiVA, id: diva2:1566727
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Available from: 2021-06-18 Created: 2021-06-15 Last updated: 2025-02-10Bibliographically approved

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf