Investigation of the Dimensions and Components of the Crowdfunding Model in the Digital Context for Social Entrepreneurship

Abstract

Objective: This study investigates the dimensions and components of the crowdfunding model in the digital context for social entrepreneurship. Methodology: Initially, the dimensions and components of the social entrepreneurship crowdfunding model were identified using previous studies. Following this, based on the identified components and indicators, a questionnaire was designed by the researchers, and the validity and reliability of the designed questionnaire were evaluated and confirmed using statistical techniques. The questionnaire was then distributed among 384 social entrepreneurs. The collected data were analyzed using statistical techniques and structural equation modeling. Findings: The research findings indicated that the proposed hypotheses, including the impact of capital security, digital context, and crowdfunding on the extent of advertising, were confirmed. Conclusion: Therefore, government support for crowdfunding and investor characteristics in the conditions of assurance considered by the researchers lead to improvements in crowdfunding.