The role of crowdfunding in endorsing responsible open innovation for shared value co-creation: a systematic literature review

The paper aims to investigate the intersection between crowdfunding open-innovation and responsible innovation and identify the emerging trends and gaps of research and new paths for crowdfunding research in the future. Also, this paper proposes a conceptual framework and propositions. The paper is structured in line with systematic literature reviews and guidelines. After reading all the titles, keywords and abstracts, 172 papers focused on open innovation and responsible innovation were selected for this research. Finally, 27 papers that are based on dimensions related to responsible open innovation were selected for the study. Due to its multidisciplinary nature, the scientific literature on the role of crowdfunding in endorsing responsible open innovation for shared value co-creation appears fragmented and redundant. Several emerging trends and gaps of research and new paths for crowdfunding research in the future arise with regard to research methodology and theoretical perspective. To the best of our knowledge, this is the first study investigating the intersection between crowdfunding open-innovation and responsible innovation