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Behavioral Influences on Crowdfunding SDG Initiatives: The Importance of Personality and Subjective Well-Being
Kyung Hee Univ, South Korea.
Linnaeus University, School of Business and Economics, Department of Organisation and Entrepreneurship. Univ Canterbury, New Zealand;Univ Oulu, Finland;Lund University, Sweden.ORCID iD: 0000-0002-7734-4587
Kyung Hee Univ, South Korea;Korea Culture & Tourism Inst, South Korea.
2021 (English)In: Sustainability, E-ISSN 2071-1050, Vol. 13, no 7, article id 3796Article in journal (Refereed) Published
Sustainable development
SDG 17: Strengthen the means of implementation and revitalize the global partnership for sustainable development
Abstract [en]

Crowdfunding is emerging as a significant means by which to finance and advance the 17 United Nations Sustainable Development Goals (SDGs). Generating financial support for the SDGs is now of even more importance because of the economic impacts of COVID-19. However, little research on sustainability crowdfunding has been conducted, particularly with respect to how behavioral influences, such as personality and subjective well-being, affect the willingness of individuals to financially support the different SDGs. To fill this gap, a theoretically comprehensive research model including the big five personality traits typology, value on SDGs, attachment to sustainability crowdfunding, subjective well-being, and three groups of SDGs was constructed and tested. Results reveal that agreeableness has the highest effect on value on SDGs among five personalities, followed by openness and conscientiousness. Unexpectedly, extraversion has a negative impact on value on SDGs and neuroticism has an insignificant effect on value on SDGs. Value on SDGs has a great effect on attachment, followed by subjective well-being. Attachment has the greatest effect on subjective well-being within this research model. Comparing fair distribution, efficient allocation, and sustainable scale groups of SDGs shows substantial differences with respect to the hypotheses.

Place, publisher, year, edition, pages
MDPI, 2021. Vol. 13, no 7, article id 3796
Keywords [en]
sustainability crowdfunding, big five personality traits, SDG values, attachment, subjective well-being, COVID-19
National Category
Economics and Business
Research subject
Economy
Identifiers
URN: urn:nbn:se:lnu:diva-103506DOI: 10.3390/su13073796ISI: 000638920300001Scopus ID: 2-s2.0-85104034039Local ID: 2021OAI: oai:DiVA.org:lnu-103506DiVA, id: diva2:1556487
Available from: 2021-05-21 Created: 2021-05-21 Last updated: 2025-02-13Bibliographically approved

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Hall, C. Michael

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