Crowdfunding and Value Creation

Abstract

Abstract Social ventures like other entrepreneurial endeavors often have difficulty in seeking financing. This study assesses the role of crowdfunding in social venture funding. We provide insight into crowdfunding types and platforms and social value creation. Then we offer a theoretical framework to help social ventures and social investors best choose which type of crowdfunding (reward, donation, equity, debt) might make most sense to them given their economic and social value creation goals.