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Sustainable entrepreneurs: what drives them to engage in different crowdfunding types?
International Journal of Entrepreneurial Behavior & Research ( IF 5.995 ) Pub Date : 2022-02-22 , DOI: 10.1108/ijebr-05-2021-0321
Ghassan Yacoub , Paulami Mitra , Tiago Ratinho , Faustine Fatalot

PurposeSustainable entrepreneurs face additional challenges in fundraising. Crowdfunding is emerging as a compelling alternative to traditional sources of capital with a growing body of research outlining its characteristics and discussing mainly its antecedents. Yet little is known about the crowdfunding behaviour of sustainable entrepreneurs. The purpose of this paper is to explore sustainable entrepreneurs' crowdfunding landscape namely the relation between motivation and different crowdfunding types.Design/methodology/approachBased on a unique dataset of French sustainable entrepreneurs, this paper adopts a qualitative case study approach by conducting in-depth interviews with the entrepreneurs. This was complemented by secondary data collected from company websites and crowdfunding platforms.FindingsThis study presents a conceptual framework that outlines and maps the drivers that lead sustainable entrepreneurs to engage with different crowdfunding types (donation, reward, mixed and equity) by unravelling a more granular understanding of the key and condition-based additional drivers within the context of sustainable entrepreneurial crowdfunding.Originality/valueEntrepreneurs are taking advantage of crowdfunding in order to raise funds. This manuscript offers empirical insights into the under-investigated question of what drives sustainable entrepreneurs to engage in crowdfunding and to what ends. This research also adds texture to prior findings about general motivations of entrepreneurs to seek crowdfunding. These insights inform research and practice on sustainable entrepreneurial crowdfunding, and entrepreneurial crowdfunding in general.

中文翻译:

可持续企业家:是什么驱使他们参与不同类型的众筹?

目的可持续企业家在筹款方面面临更多挑战。众筹正在成为传统资本来源的一种引人注目的替代方案,越来越多的研究概述了它的特征并主要讨论了它的前因。然而,对于可持续企业家的众筹行为知之甚少。本文的目的是探讨可持续企业家的众筹格局,即动机与不同众筹类型之间的关系。设计/方法/方法本文基于法国可持续企业家的独特数据集,采用定性案例研究方法,深入开展对企业家的采访。从公司网站和众筹平台收集的二手数据补充了这一点。调查结果本研究提出了一个概念框架,概述并绘制了引导可持续企业家参与不同众筹类型(捐赠、奖励、混合和股权)的驱动因素,方法是在可持续创业众筹。原创性/价值企业家正在利用众筹来筹集资金。这份手稿提供了关于是什么驱使可持续企业家参与众筹以及目的是什么这一未被充分调查的问题的实证见解。这项研究还为先前关于企业家寻求众筹的一般动机的发现增加了质感。这些见解为可持续创业众筹的研究和实践提供信息,
更新日期:2022-02-22
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