Navigating crowdfunding for sustainability: Practical implications mapped

Giuseppe Bongiorno, Ernesto Cardamone and Mariacarmela Passarelli

Finance Research Letters, 2025, vol. 76, issue C

Abstract: Crowdfunding has emerged as a vital alternative financing source for innovative and sustainable projects. However, stakeholders often find it challenging to apply insights from existing research effectively. This paper synthesizes the findings of a selection of studies from the literature employing Structural Topic Modeling. The analysis identifies three themes: crowdfunding as a catalyst for environmental sustainability, as a platform for socially conscious entrepreneurship, and as a means for co-developing innovation. By bridging the gap between academic research and practice, this research facilitates the utilization of crowdfunding to advance environmental sustainability, promote social entrepreneurship, and foster collaborative innovation.

Keywords: Crowdfunding; Sustainability; Implications; Topic modeling (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:76:y:2025:i:c:s1544612325002223

DOI: 10.1016/j.frl.2025.106958

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