Advanced search
Publication Cover
Entrepreneurship & Regional Development
An International Journal
Volume 26, 2014 - Issue 5-6
Submit an article Journal homepage
1,992
Views
94
CrossRef citations to date
0
Altmetric
Articles

The formation and interplay of social capital in crowdfunded social ventures

Othmar M. LehnerSaid Business School, University of Oxford, Park End Street, Oxford, UKCorrespondence[email protected]
Pages 478-499 | Received 05 Aug 2013, Accepted 06 May 2014, Published online: 03 Jun 2014

Citations (94)

Keep up to date with the latest research on this topic with citation updates for this article.

Subscribe to citation updates

Read on this site (10)

Nosheen Hussain, Francesca Di Pietro & Pierangelo Rosati. (2023) Crowdfunding for Social Entrepreneurship: A Systematic Review of the Literature. Journal of Social Entrepreneurship 0:0, pages 1-24.
Read now
Paulami Mitra, Frank Janssen, Julie Hermans & Jill Kickul. (2022) Social entrepreneurial crowdfunding: Influence of the type of rewards and of prosocial motivation on the crowds’ willingness to contribute. Entrepreneurship & Regional Development 34:9-10, pages 1001-1024.
Read now
Othmar M. Lehner & Theresia Harrer. (2019) Crowdfunding revisited: a neo-institutional field-perspective. Venture Capital 21:1, pages 75-96.
Read now
Pedro M. García-Villaverde, Gloria Parra-Requena & F. Xavier Molina-Morales. (2018) Structural social capital and knowledge acquisition: implications of cluster membership. Entrepreneurship & Regional Development 30:5-6, pages 530-561.
Read now
Punita Bhatt & Ali J. Ahmad. (2017) Financial social innovation to engage the economically marginalized: insights from an Indian case study. Entrepreneurship & Regional Development 29:5-6, pages 391-413.
Read now
Endrit Kromidha & Paul Robson. (2016) Social identity and signalling success factors in online crowdfunding. Entrepreneurship & Regional Development 28:9-10, pages 605-629.
Read now
Chiara Bonacchi, Daniel Pett, Andrew Bevan & Adi Keinan-Schoonbaert. (2015) Experiments in Crowd-funding Community Archaeology. Journal of Community Archaeology & Heritage 2:3, pages 184-198.
Read now
Sharine Barth, Jo Barraket, Belinda Luke & Juliana McLaughlin. (2015) Acquaintance or partner? Social economy organizations, institutional logics and regional development in Australia. Entrepreneurship & Regional Development 27:3-4, pages 219-254.
Read now
Othmar M. Lehner, Elisabeth Grabmann & Carina Ennsgraber. (2015) Entrepreneurial implications of crowdfunding as alternative funding source for innovations. Venture Capital 17:1-2, pages 171-189.
Read now
Othmar M. Lehner & Alex Nicholls. (2014) Social finance and crowdfunding for social enterprises: a public–private case study providing legitimacy and leverage. Venture Capital 16:3, pages 271-286.
Read now

Articles from other publishers (84)

Vincenzo Butticè & Elisa Ughetto. (2023) What, Where, Who, and How? A Bibliometric Study of Crowdfunding Research. IEEE Transactions on Engineering Management 70:9, pages 3078-3099.
Crossref
Maria Kukurba, Mariusz Salwin & Aneta Ewa Waszkiewicz. (2023) Model of Value Transfer in Crowdfunding and Sustainable Development of Small and Medium-Sized Enterprises in Poland—Based on Survey Research. Sustainability 15:16, pages 12594.
Crossref
Susana Bernardino, J. Freitas Santos & Pedro Silva. (2023) Social entrepreneur management of personal network linkages: Does the use of social media increase resources?. Revista Galega de Economía, pages 1-33.
Crossref
Saurav Chandra Talukder & Zoltán Lakner. (2023) Exploring the Landscape of Social Entrepreneurship and Crowdfunding: A Bibliometric Analysis. Sustainability 15:12, pages 9411.
Crossref
Seán O'Reilly, Ciarán Mac an Bhaird & Damien Cassells. (2023) Financing Early Stage Cleantech Firms. IEEE Transactions on Engineering Management 70:3, pages 991-1005.
Crossref
Fang Zhao, Llandis Barratt-Pugh, Yuliani Suseno, Peter Standen & Janice Redmond. (2022) A framework for exploring digital entrepreneurship development from a social interaction perspective. Journal of General Management 48:2, pages 115-126.
Crossref
Lena Schätzlein, Deike Schlütter & Rüdiger Hahn. (2022) Managing the external financing constraints of social enterprises: A systematic review of a diversified research landscape. International Journal of Management Reviews 25:1, pages 176-199.
Crossref
Rotem Shneor, Liang Zhao & Jann Fabian Michael Goedecke. (2023) On relationship types, their strength, and reward crowdfunding backer behavior. Journal of Business Research 154, pages 113294.
Crossref
Susana Bernardino & José Freitas Santos. 2022. Research Anthology on Approaches to Social and Sustainable Entrepreneurship. Research Anthology on Approaches to Social and Sustainable Entrepreneurship 1054 1078 .
Burze Yasar, Işıl Sevilay Yılmaz, Nurullah Hatipoğlu & Aslıhan Salih. (2022) Stretching the success in reward-based crowdfunding. Journal of Business Research 152, pages 205-220.
Crossref
Mustafa Raza Rabbani, Abu Bashar, Iqbal Thonse Hawaldar, Muneer Shaik & Mohammed Selim. (2022) What Do We Know about Crowdfunding and P2P Lending Research? A Bibliometric Review and Meta-Analysis. Journal of Risk and Financial Management 15:10, pages 451.
Crossref
Erika Jáki, Gábor Csepy & Nikolett Kovács. (2022) Conceptual framework of the crowdfunding success factors – Review of the academic literature. Acta Oeconomica 72:3, pages 393-412.
Crossref
Sugeng Hadi Utomo, Bagus Shandy Narmaditya, Agus Wibowo, Amjad Ali & Sheerad Sahid. (2022) Social capital and entrepreneurial intention among Indonesia rural community. Journal of Eastern European and Central Asian Research (JEECAR) 9:4, pages 665-679.
Crossref
Lars Hornuf, Matthias Schmitt & Eliza Stenzhorn. (2022) The local bias in equity crowdfunding: Behavioral anomaly or rational preference?. Journal of Economics & Management Strategy 31:3, pages 693-733.
Crossref
Jiyoung Kimjeon & Per Davidsson. (2021) External Enablers of Entrepreneurship: A Review and Agenda for Accumulation of Strategically Actionable Knowledge. Entrepreneurship Theory and Practice 46:3, pages 643-687.
Crossref
Mikhail Kosmynin. (2021) Social entrepreneurship organisations and collaboration: taking stock and looking forward. International Journal of Entrepreneurial Behavior & Research 28:2, pages 441-470.
Crossref
Wojciech Leoński. (2022) Crowdfunding as an innovative source of financing business initiatives in Poland. Procedia Computer Science 207, pages 2921-2929.
Crossref
Xi Zhang, Xiaopei Liu, Xianhai Wang, Hongke Zhao & Wei Zhang. (2022) Exploring the effects of social capital on crowdfunding performance: A holistic analysis from the empirical and predictive views. Computers in Human Behavior 126, pages 107011.
Crossref
Ying Zhao, Phil Harris & Wing Lam. 2022. The Palgrave Encyclopedia of Interest Groups, Lobbying and Public Affairs. The Palgrave Encyclopedia of Interest Groups, Lobbying and Public Affairs 292 303 .
Ying Zhao, Phil Harris & Wing Lam. 2020. The Palgrave Encyclopedia of Interest Groups, Lobbying and Public Affairs. The Palgrave Encyclopedia of Interest Groups, Lobbying and Public Affairs 1 12 .
Bruno González-Cacheda & Celso Cancela Outeda. (2021) Political crowdfunding and resource mobilization for collective action: The keys to success. Technology in Society 67, pages 101743.
Crossref
Hadar Gafni, Marek Hudon & Anaïs Périlleux. (2020) Business or Basic Needs? The Impact of Loan Purpose on Social Crowdfunding Platforms. Journal of Business Ethics 173:4, pages 777-793.
Crossref
KRYSTALLIA MOYSIDOU. (2021) WHAT INFLUENCES US TO SUPPORT A CROWDFUNDING PROJECT? A FACTORIAL SURVEY ANALYSIS TO VALIDATE AND EXTEND EXISTING KNOWLEDGE. International Journal of Innovation Management 25:06, pages 2150062.
Crossref
Ughetto Elisa, Croce Annalisa, Schwienbacher Armin, Colombo Massimo & Brem Alexander. (2021) Digital technologies and the changing entrepreneurial finance landscape: Status quo and perspectives for future research. Technological Forecasting and Social Change 168, pages 120768.
Crossref
Rotem Shneor, Ziaul Haque Munim, Helena Zhu & Ilan Alon. (2021) Individualism, collectivism and reward crowdfunding contribution intention and behavior. Electronic Commerce Research and Applications 47, pages 101045.
Crossref
Indu Khurana. (2021) Legitimacy and Reciprocal Altruism in Donation-Based Crowdfunding: Evidence from India. Journal of Risk and Financial Management 14:5, pages 194.
Crossref
Inés Alegre & Melina Moleskis. (2019) Beyond Financial Motivations in Crowdfunding: A Systematic Literature Review of Donations and Rewards. VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations 32:2, pages 276-287.
Crossref
Amirmahmood Amini Sedeh, Hooman Abootorabi & Jing Zhang. (2020) National social capital, perceived entrepreneurial ability and entrepreneurial intentions. International Journal of Entrepreneurial Behavior & Research 27:2, pages 334-355.
Crossref
Işıl Sevilay Yılmaz & Burze Yaşar. 2021. Creating Social Value Through Social Entrepreneurship. Creating Social Value Through Social Entrepreneurship 135 157 .
Wanxiang Cai, Friedemann Polzin & Erik Stam. (2021) Crowdfunding and social capital: A systematic review using a dynamic perspective. Technological Forecasting and Social Change 162, pages 120412.
Crossref
Federica Massa Saluzzo & Inés Alegre. (2021) Supporting entrepreneurs: The role of third-party endorsement in crowdfunding platforms. Technological Forecasting and Social Change 162, pages 120402.
Crossref
Abdelali Ezziadi & Mohammed Fikri. 2021. Crowdfunding in the Public Sector. Crowdfunding in the Public Sector 97 105 .
Kutay Güneştepe, Zehra Topal & Deniz Tunçalp. 2021. New Ways of Working. New Ways of Working 175 201 .
Rachel Bocquet, Gaëlle Cotterlaz-Rannard & Michel Ferrary. (2020) How Do NPOs Get Funding? A Business Model Perspective Based on the Conversion of Symbolic Capital. Nonprofit and Voluntary Sector Quarterly 49:6, pages 1233-1258.
Crossref
Jacob Hörisch & Isabell Tenner. (2020) How environmental and social orientations influence the funding success of investment-based crowdfunding: The mediating role of the number of funders and the average funding amount. Technological Forecasting and Social Change 161, pages 120311.
Crossref
Claire Ingram Bogusz, Christofer Laurell & Christian Sandstrom. (2020) Tracking the Digital Evolution of Entrepreneurial Finance: The Interplay Between Crowdfunding, Blockchain Technologies, Cryptocurrencies, and Initial Coin Offerings. IEEE Transactions on Engineering Management 67:4, pages 1099-1108.
Crossref
Sara Bannerman. (2020) Crowdfunding Music and the Democratization of Economic and Social Capital. Canadian Journal of Communication 45:2, pages 241-263.
Crossref
Andreas Andrikopoulos. (2020) Delineating social finance. International Review of Financial Analysis 70, pages 101519.
Crossref
Julia A. Fehrer & Suvi Nenonen. (2020) Crowdfunding networks: Structure, dynamics and critical capabilities. Industrial Marketing Management 88, pages 449-464.
Crossref
Nadia Arshad, Marcela Ramírez-Pasillas & Linda D. Hollebeek. 2020. Entrepreneurship and the Community. Entrepreneurship and the Community 49 62 .
Ying Zhao, Phil Harris & Wing Lam. 2020. The Palgrave Encyclopedia of Interest Groups, Lobbying and Public Affairs. The Palgrave Encyclopedia of Interest Groups, Lobbying and Public Affairs 1 12 .
Li Xiao. (2019) How lead investors build trust in the specific context of a campaign. International Journal of Entrepreneurial Behavior & Research 26:2, pages 203-223.
Crossref
Qiao Chang & Guanghao Zhu. (2019) The Effect of Initiator Social Capital on the Crowdfunding Performance -Moderating Role of Nature of Ownership. The Effect of Initiator Social Capital on the Crowdfunding Performance -Moderating Role of Nature of Ownership.
Nils Eiteneyer, David Bendig & Malte Brettel. (2019) Social capital and the digital crowd: Involving backers to promote new product innovativeness. Research Policy 48:8, pages 103744.
Crossref
Rotem Shneor & Ziaul Haque Munim. (2019) Reward crowdfunding contribution as planned behaviour: An extended framework. Journal of Business Research 103, pages 56-70.
Crossref
Stephanie Macht & Geoffrey Chapman. (2019) Getting more than money through online crowdfunding. Asia-Pacific Journal of Business Administration 11:2, pages 171-186.
Crossref
Ivan Bozhikin, Janaina Macke & Luana Folchini da Costa. (2019) The role of government and key non-state actors in social entrepreneurship: A systematic literature review. Journal of Cleaner Production 226, pages 730-747.
Crossref
Jacob Hörisch. (2019) Take the money and run? Implementation and disclosure of environmentally-oriented crowdfunding projects. Journal of Cleaner Production 223, pages 127-135.
Crossref
Antonio Messeni Petruzzelli, Angelo Natalicchio, Umberto Panniello & Paolo Roma. (2019) Understanding the crowdfunding phenomenon and its implications for sustainability. Technological Forecasting and Social Change 141, pages 138-148.
Crossref
Christofer Laurell, Christian Sandström & Yuliani Suseno. (2019) Assessing the interplay between crowdfunding and sustainability in social media. Technological Forecasting and Social Change 141, pages 117-127.
Crossref
Andrea Rey-Martí, Antonia Mohedano-Suanes & Virginia Simón-Moya. (2019) Crowdfunding and Social Entrepreneurship: Spotlight on Intermediaries. Sustainability 11:4, pages 1175.
Crossref
Sanchita Bansal, Isha Garg & Gagan Sharma. (2019) Social Entrepreneurship as a Path for Social Change and Driver of Sustainable Development: A Systematic Review and Research Agenda. Sustainability 11:4, pages 1091.
Crossref
Tanja Jovanović. (2019) Crowdfunding: What Do We Know So Far?. International Journal of Innovation and Technology Management 16:01, pages 1950009.
Crossref
Payal Jain. 2019. Socio-Economic Development. Socio-Economic Development 515 536 .
Susana Bernardino & José Freitas Santos. 2019. Entrepreneurial Orientation and Opportunities for Global Economic Growth. Entrepreneurial Orientation and Opportunities for Global Economic Growth 154 186 .
Yulia Fomina & Teresa Chahine. 2019. Responsible People. Responsible People 89 111 .
Stefano Cosma, Alessandro Giovanni Grasso, Francesco Pagliacci & Alessia Pedrazzoli. 2019. Socially Responsible Investments. Socially Responsible Investments 149 170 .
M O'Dair & R Owen. (2019) Financing new creative enterprise through blockchain technology: Opportunities and policy implications. Strategic Change 28:1, pages 9-17.
Crossref
David Littlewood & Zaheer Khan. (2018) Insights from a systematic review of literature on social enterprise and networks. Social Enterprise Journal 14:4, pages 390-409.
Crossref
Denis Frydrych & Adam J. Bock. (2018) Bring the Noize: Syndicate and Role-Identity Co-Creation During Crowdfunding. SAGE Open 8:4, pages 215824401880580.
Crossref
Robyn Owen, Geraldine Brennan & Fergus Lyon. (2018) Enabling investment for the transition to a low carbon economy: government policy to finance early stage green innovation. Current Opinion in Environmental Sustainability 31, pages 137-145.
Crossref
Hui Dai, Jianling Yin, Kai Wang, Sang-Bing Tsai, Bowen Zhou & Wen-Pin Lin. (2018) Trust Building in Dynamic Process of Internet Entrepreneurial Social Network. IEEE Access 6, pages 79138-79150.
Crossref
Bishnu Kumar Adhikary, Kenji Kutsuna & Takaaki HodaBishnu Kumar Adhikary, Kenji Kutsuna & Takaaki Hoda. 2018. Crowdfunding. Crowdfunding 39 49 .
Stefan Schulte-Holthaus. 2018. Entrepreneurship in Culture and Creative Industries. Entrepreneurship in Culture and Creative Industries 99 154 .
Mathias Georg Dilger, Tanja Jovanović & Kai-Ingo Voigt. (2017) Upcrowding energy co-operatives – Evaluating the potential of crowdfunding for business model innovation of energy co-operatives. Journal of Environmental Management 198, pages 50-62.
Crossref
Liang Zhao & Tsvi Vinig. (2017) Hedonic value and crowdfunding project performance: a propensity score matching-based analysis. Review of Behavioral Finance 9:2, pages 169-186.
Crossref
Peter Gomber, Jascha-Alexander Koch & Michael Siering. (2017) Digital Finance and FinTech: current research and future research directions. Journal of Business Economics 87:5, pages 537-580.
Crossref
Andrew Simon Gilbert. (2017) Crowdfunding Nostalgia: Kickstarter and the Revival of Classic PC Game Genres. The Computer Games Journal 6:1-2, pages 17-32.
Crossref
Vitaly SkirnevskiyDavid BendigMalte Brettel. (2017) The Influence of Internal Social Capital on Serial Creators’ Success in Crowdfunding. Entrepreneurship Theory and Practice 41:2, pages 209-236.
Crossref
George Acheampong, Bedman Narteh & John Rand. (2017) Network ties and survival. The International Journal of Entrepreneurship and Innovation 18:1, pages 14-24.
Crossref
Payal Jain. 2017. Crowdfunding for Sustainable Entrepreneurship and Innovation. Crowdfunding for Sustainable Entrepreneurship and Innovation 288 309 .
Stephanie Alexandra Macht. (2016) Putting “entrepreneurial finance education” on the map. Education + Training 58:9, pages 984-1002.
Crossref
Susana Bernardino & J. Freitas Santos. (2016) Financing social ventures by crowdfunding. The International Journal of Entrepreneurship and Innovation 17:3, pages 173-183.
Crossref
. 2016. International Perspectives on Crowdfunding. International Perspectives on Crowdfunding i xxxvi .
Rotem Shneor & Tor Helge Aas. (2016) Folkefinansiering: Status og fremtidsutsikter. Praktisk økonomi & finans 32:1, pages 43-51.
Crossref
Huiying Li, Zhisheng Wang, Bin Fang & Yu-Shan Liu. 2016. Information and Communication Technologies in Tourism 2016. Information and Communication Technologies in Tourism 2016 143 156 .
Alexandra Moritz & Joern H. Block. 2016. Crowdfunding in Europe. Crowdfunding in Europe 25 53 .
Endrit Kromidha. (2015) A comparative analysis of online crowdfunding platforms in USA, Europe and Asia. A comparative analysis of online crowdfunding platforms in USA, Europe and Asia.
Jacob Hörisch. (2015) Crowdfunding for environmental ventures: an empirical analysis of the influence of environmental orientation on the success of crowdfunding initiatives. Journal of Cleaner Production 107, pages 636-645.
Crossref
Stephanie A. Macht & Jamie Weatherston. (2015) Academic Research on Crowdfunders: What's Been Done and What's To Come?. Strategic Change 24:2, pages 191-205.
Crossref
Andreas Andrikopoulos. (2019) Delineating Social Finance. SSRN Electronic Journal.
Crossref
Melina Moleskis & Ines Alegre. (2018) Crowdfunding: A Short Past and Long Future. SSRN Electronic Journal.
Crossref
Ines Alegre & Melina Moleskis. (2016) Crowdfunding: A Review and Research Agenda. SSRN Electronic Journal.
Crossref
Lars Hornuf & Matthias Schmitt. (2016) Does a Local Bias Exist in Equity Crowdfunding? The Impact of Investor Types and Portal Design. SSRN Electronic Journal.
Crossref

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.