- Book学术

发布求助

文献互助智能选刊最新文献

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-03-15 DOI:10.1016/j.frl.2025.107220

Rosella Carè , Rabia Fatima , Paolo Agnese

{"title":"Crowdfunding and sustainable development: A systematic review","authors":"Rosella Carè , Rabia Fatima , Paolo Agnese","doi":"10.1016/j.frl.2025.107220","DOIUrl":null,"url":null,"abstract":"<div><div>This study employs bibliometric analysis to explore the evolving role of crowdfunding in financing sustainable development goals (SDGs). Analyzing 148 peer-reviewed articles (2014–2024), it identifies key trends, influential contributors, and thematic clusters in academic discourse. Findings reveal a surge in research post-2020, with a focus on entrepreneurial finance, environmental sustainability, and financial innovation. Equity crowdfunding and FinTech emerge as pivotal in bridging sustainability-related funding gaps. Cluster analysis highlights four major research areas: financial innovation's role in sustainability, crowdfunding's contribution to SDGs (especially post-COVID-19), microfinancing and financial inclusion for SMEs, and ESG integration in entrepreneurial finance. Despite these advances, significant research gaps remain, particularly the need for longitudinal studies to assess the long-term impacts of crowdfunding on sustainability, as well as a deeper understanding of the ethical implications surrounding governance and backer protection on crowdfunding platforms. This study contributes to the growing body of literature on sustainability-oriented crowdfunding by offering a detailed roadmap for future research and practical implications for scholars and practitioners alike.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"78 ","pages":"Article 107220"},"PeriodicalIF":7.4000,"publicationDate":"2025-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325004830","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}

引用次数: 0

摘要

本研究采用文献计量分析法，探讨众筹在为可持续发展目标（SDGs）融资方面不断演变的作用。通过分析 148 篇同行评审文章（2014-2024 年），本研究确定了学术讨论的主要趋势、有影响力的撰稿人和主题集群。研究结果表明，2020 年后研究激增，重点关注创业融资、环境可持续性和金融创新。股权众筹和金融科技在弥补可持续发展相关资金缺口方面发挥着关键作用。聚类分析突出了四个主要研究领域：金融创新在可持续发展中的作用、众筹对可持续发展目标的贡献（尤其是在 COVID-19 之后）、中小型企业的小额融资和金融包容性，以及创业融资中的环境、社会和公司治理整合。尽管取得了这些进展，但仍存在巨大的研究差距，特别是需要开展纵向研究，以评估众筹对可持续发展的长期影响，以及更深入地了解众筹平台的治理和支持者保护所涉及的道德问题。本研究为学者和从业人员提供了未来研究的详细路线图和实际意义，为以可持续性为导向的众筹融资方面日益增多的文献做出了贡献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Crowdfunding and sustainable development: A systematic review

This study employs bibliometric analysis to explore the evolving role of crowdfunding in financing sustainable development goals (SDGs). Analyzing 148 peer-reviewed articles (2014–2024), it identifies key trends, influential contributors, and thematic clusters in academic discourse. Findings reveal a surge in research post-2020, with a focus on entrepreneurial finance, environmental sustainability, and financial innovation. Equity crowdfunding and FinTech emerge as pivotal in bridging sustainability-related funding gaps. Cluster analysis highlights four major research areas: financial innovation's role in sustainability, crowdfunding's contribution to SDGs (especially post-COVID-19), microfinancing and financial inclusion for SMEs, and ESG integration in entrepreneurial finance. Despite these advances, significant research gaps remain, particularly the need for longitudinal studies to assess the long-term impacts of crowdfunding on sustainability, as well as a deeper understanding of the ethical implications surrounding governance and backer protection on crowdfunding platforms. This study contributes to the growing body of literature on sustainability-oriented crowdfunding by offering a detailed roadmap for future research and practical implications for scholars and practitioners alike.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance