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Scientific Article details

Title RCoins - citizens become entrepreneurs
ID_Doc 7320
Authors Zurkinden, L; Baldegger, RJ
Title RCoins - citizens become entrepreneurs
Year 2023
Published Journal Of The International Council For Small Business, 4, 1
DOI 10.1080/26437015.2022.2122910
Abstract As a recent phenomenon, crowdfunding has been positively influencing entrepreneurial financing and has been leading the way to a democratization of financial opportunities for entrepreneurs and backers. With the ambition to positively impact the entrepreneurial processes in crowdfunding markets, the RCoins project evolves around the idea of all citizens becoming sustainable investors, while helping transition from a linear to a circular economy. Today, the platform users receive 1 RCoin for every recycled bottle and use their RCoins for offers and discounts or for donations to charities. The next step will be to encourage citizens to be more motivated toward plastic bottle recycling, incentivizing them via an innovative crowd-investment reward platform. As part of an entrepreneurship and innovation ecosystem, RCoins will help increase the adoption of innovation in sustainable entrepreneurship and will contribute to resolving social and environmental issues by identifying and creating entrepreneurial opportunities.
Author Keywords Crowdinvesting; entrepreneurial financing; sustainable entrepreneurship; plastic recycling
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001130361100002
WoS Category Business; Management
Research Area Business & Economics
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