Do perceived risk and intervention affect crowdfunder behavior for the sustainable development goals? A model of goal-directed behavior
(2021) In Journal of Cleaner Production 311.- Abstract
Crowdfunding offers a new potential source of financing of sustainability initiatives and the Sustainable Development Goals (SDGs) in particular. Such funding support is potentially even more important given the impacts of COVID-19 on the global economy. However, little theoretically based work has been conducted on sustainability crowdfunding. Therefore, this study builds and tests an integrated convergence framework to predict crowdfunder behavior for sustainability, through the lens of an extended model of goal-directed behavior (EMGB) and theories of risk as a second-order construct as well as intervention as a moderator. Results indicate that perceived risk and intervention play significant roles within the EMGB model in... (More)
Crowdfunding offers a new potential source of financing of sustainability initiatives and the Sustainable Development Goals (SDGs) in particular. Such funding support is potentially even more important given the impacts of COVID-19 on the global economy. However, little theoretically based work has been conducted on sustainability crowdfunding. Therefore, this study builds and tests an integrated convergence framework to predict crowdfunder behavior for sustainability, through the lens of an extended model of goal-directed behavior (EMGB) and theories of risk as a second-order construct as well as intervention as a moderator. Results indicate that perceived risk and intervention play significant roles within the EMGB model in crowdfunding for sustainability projects related to the United Nations’ sustainable development goals. This study offers both theoretical and managerial implications for crowdfunding for sustainable development.
(Less)
- author
- Kim, Myung Ja and Hall, C. Michael LU
- organization
- publishing date
- 2021-08-15
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- COVID-19, Crowdfunding, Goal-directed behavior, Intervention theory, Risk theory, Sustainable development goals
- in
- Journal of Cleaner Production
- volume
- 311
- article number
- 127614
- publisher
- Elsevier
- external identifiers
-
- scopus:85106914239
- ISSN
- 0959-6526
- DOI
- 10.1016/j.jclepro.2021.127614
- language
- English
- LU publication?
- yes
- additional info
- Funding Information: This work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea ( NRF-2018S1A5A8026985 ).
- id
- da13b0ef-50df-4d5b-a4a2-6205206a0a5f
- date added to LUP
- 2021-06-14 13:48:23
- date last changed
- 2023-01-01 06:41:36
@article{da13b0ef-50df-4d5b-a4a2-6205206a0a5f, abstract = {{<p>Crowdfunding offers a new potential source of financing of sustainability initiatives and the Sustainable Development Goals (SDGs) in particular. Such funding support is potentially even more important given the impacts of COVID-19 on the global economy. However, little theoretically based work has been conducted on sustainability crowdfunding. Therefore, this study builds and tests an integrated convergence framework to predict crowdfunder behavior for sustainability, through the lens of an extended model of goal-directed behavior (EMGB) and theories of risk as a second-order construct as well as intervention as a moderator. Results indicate that perceived risk and intervention play significant roles within the EMGB model in crowdfunding for sustainability projects related to the United Nations’ sustainable development goals. This study offers both theoretical and managerial implications for crowdfunding for sustainable development.</p>}}, author = {{Kim, Myung Ja and Hall, C. Michael}}, issn = {{0959-6526}}, keywords = {{COVID-19; Crowdfunding; Goal-directed behavior; Intervention theory; Risk theory; Sustainable development goals}}, language = {{eng}}, month = {{08}}, publisher = {{Elsevier}}, series = {{Journal of Cleaner Production}}, title = {{Do perceived risk and intervention affect crowdfunder behavior for the sustainable development goals? A model of goal-directed behavior}}, url = {{http://dx.doi.org/10.1016/j.jclepro.2021.127614}}, doi = {{10.1016/j.jclepro.2021.127614}}, volume = {{311}}, year = {{2021}}, }