The role of business advisers in supporting social entrepreneurship

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Cecilia Dalborg ◽  
Yvonne von Friedrichs
Keyword(s):  
Social Entrepreneurship ◽  
Business Models ◽  
Social Innovation ◽  
Policy Instruments ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Sustainable Business ◽  
Content Type ◽  
The Public ◽  
Sustainable Business Models

Purpose In many regions, the potential of social entrepreneurship and social innovation are not fully used. The purpose of this study is to explore issues and challenges in the business advisory support offered to social entrepreneurs and, from this background, give suggestions on how the advisory process to social entrepreneurs could be modified to better gain society. Design/methodology/approach Representatives from 15 business advisory organisations in Sweden were interviewed to examine how their support to social enterprises meets the needs of the companies, and to discover possible problems encountered regarding the business advice available to social enterprises. Using thematic analysis, six different overarching themes were identified that characterise issues and challenges in the business advisory support offered to social enterprises. Findings The results show that many advisers lack experience in social entrepreneurship, yet they consider that social enterprises are not “genuine” entrepreneurs, and that they, therefore, refer them to advisers focussing on co-operative enterprises. Furthermore, the absence of sustainable business models, the lack of financial resources and the existence of municipal monopoly are identified by the advisers as challenges. Practical implications This paper reveals an Achilles’ heel in the business advisory support offered to social enterprises, namely, the lack of experience and knowledge of social entrepreneurship amongst current business advisers, as well as a prioritisation of advice to more “commercial” entrepreneurs because of policy instruments and the expectations from the public funders of increased profitability and growth in the companies that receive advice. The mainstream business advisory service could play a key role by bringing together the various stakeholders in this shared value process. This would, however, require increased knowledge and new government policies and directives that ensure that social entrepreneurs are prioritised in the business advisory situation. Originality/value This paper demonstrates that the current advisory system is not adapted to fit the needs of social enterprises. It also proposes the need to include participation and proximity in the business model design.

Entrepreneurial ecosystem and social entrepreneurship: case studies of community-based craft from Kutch, India

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Santana Pathak ◽  
Sujata Mukherjee
Keyword(s):  
Case Studies ◽  
Social Entrepreneurship ◽  
Social Innovation ◽  
Participant Observation ◽  
Research Question ◽  
National Level ◽  
Social Enterprises ◽  
Structured Interviews ◽  
Social Entrepreneurs ◽  
Content Type

Purpose This study aims to explore social entrepreneurial ecosystems (EEs) in the craft sector in the state of Gujarat, India. With liberalization, India witnessed the growth of social entrepreneurship and is considered one of the pioneering countries in social innovation. The objective of the research was to answer the research question: what role do various stakeholder groups play in creating and promoting craft sector social EEs. Design/methodology/approach The study is based on a qualitative case study approach of methodological triangulation combining analysing documents, a participant observation and semi-structured interviews. Two case studies – one of the Ajrakh craft cluster from Ajrakhpur and the other of Kala Cotton from Aadeshar, Bhuj are studied to explore the symbiotic linkages of social entrepreneurship ecosystem in Kutch district of Gujarat, India. A total of 24 in-depth, semi-structured interviews were conducted with stakeholders of the EE. Findings The study concludes that the role of like-minded individuals/social entrepreneurs, social enterprises, design networks and educational institutions is vital towards revival and sustainability of craft as economic commodities geared for scalability. Furthermore, the engagement of the systemic condition agents such as various local and national level institutions, the communities play an important role to revitalize, redeem and commercialize craft infrastructure based on active engagement, innovation and services. Originality/value This paper fulfils an identified need to study how traditional craft-based enterprises can be enabled, revived, grown and sustained.

Chilean tourism sector “B Corporations”: evidence of social entrepreneurship and innovation

2017 ◽  
Vol 23 (6) ◽  
pp. 866-879 ◽  
Author(s):  
Ieva Zebryte ◽  
Hector Jorquera
Keyword(s):  
Research Design ◽  
Latin American ◽  
Social Entrepreneurship ◽  
Social Impact ◽  
Business Models ◽  
Social Innovation ◽  
Positive Impact ◽  
Participant Observation ◽  
Social Entrepreneurs ◽  
Content Type

Purpose The purpose of this paper is to address the question of how social entrepreneurs achieve the desired impact-based model of business. Design/methodology/approach Qualitative research design included semi-structured in-depth interviews with entrepreneurs of three Chilean Tourism B Corporations (B Corps), participant observation of the Latin American B Movement, and print, digital and social media clippings. Findings This research unearths the practices by which entrepreneurs implement their aspirations of balancing profit and social impact obligations within their business models. Research limitations/implications Though an intentional sample is not representative in quantitative terms, the employed research design allowed the authors to deepen the understanding of the processes which are taking place in Chile, Latin America, and on the Global scale. The authors concluded that social benefit commitment guides innovation in business models of Chilean entrepreneurs seeking to have a broader positive impact on vulnerable communities and the society at large. Practical implications This research shows that traditional businesses have the possibility of hybridizing management, combining the necessary organization that defines its mission with social or environmental purposes. The latter is likely to open up new markets for traditional businesses. Social implications Social entrepreneurship is the principal means for new generations of entrepreneurs to make changes in businesses and in vulnerable local communities through global aspirations. But the need for more open political discussion within the B Movement is clear, especially regarding the nexus between the “negative externalities” of the traditional economy and social or environmental problems which the B Corps intend to solve. Such debate would allow companies and the movement to more easily identify new courses of action. Originality/value This study gives account of regional nuances of social entrepreneurship and social innovation phenomena. In particular, there has been a surge of impact-oriented rather than profit-oriented innovation initiatives in neoliberal-oriented Latin American states, such as Chile. These initiatives offer us a wealth of empirical information about the development of alternative business models.

scholarly journals Social Entrepreneurship as a Resource of Employment of People with Disability

2019 ◽  
pp. 74-87
Author(s):  
Maria Poltavskaya ◽  
Ekaterina Vasilyeva ◽  
Svetlana Tokareva ◽  
Natalya Khomutova
Keyword(s):  
Social Entrepreneurship ◽  
Business Models ◽  
Social Protection ◽  
People With Disabilities ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Sustainable Business ◽  
Non Profit ◽  
Volgograd Region ◽  
Non Profit Organizations

Social entrepreneurship, which under certain conditions can contribute to solving the problems of employment of people with disabilities, is becoming a noticeable direction of social policy in modern Russia. The article analyzed the legislative changes aimed at implementing the new state policy towards people with disabilities, reviewed the scientific foreign and domestic literature on the use of social entrepreneurship practices by people with disabilities. The conclusion is made about the role of institutional and socio-cultural factors in the development of social entrepreneurship, which is one of the mechanisms for the implementation of social support for people with disabilities and citizens in need of social protection. The main forms of discrimination of these categories of citizens in employment and work have been identified, the legal basis for quoting places for people with disabilities has been described, problems, arising in the organization and implementation of activities in social enterprises have been described. Examples of social entrepreneurs and non-profit organizations programs,that improve the living conditions of people with disabilities, allowing creating financially sustainable business models, are given. The study interpreted data collected by the method of analyzing documents (statistical data characterizing the situation of people with disabilities in the Russian Federation, reports of state institutions, reports of the Committee on Labor and Employment of the Volgograd Region) and the method of non-formalized interview of heads of organizations of the Volgograd Region dealing with social protection of citizens employment strategies for people with disabilities (n = 32). An empirical study led to the conclusion that the measures planned by state structures to improve the situation of socially vulnerable people, including people with disabilities, are carried out without coordination with non-profit organizations that provide them with assistance.

School “Brillo de Luna”: sustainable business model

2020 ◽  
Vol 10 (1) ◽  
pp. 1-22 ◽  
Author(s):  
Rodrigo Villalobos Araya
Keyword(s):  
Business Model ◽  
Social Entrepreneurship ◽  
Social Enterprise ◽  
Social Innovation ◽  
Social Enterprises ◽  
Management Support ◽  
Sustainable Business ◽  
Content Type ◽  
Academic Level ◽  
Glass Recycling

Learning outcomes In entrepreneurship courses, the case would allow discussing the contribution of social innovation. On the other hand, in strategy courses the case would allow proposing the business model for a social enterprise, to evaluate the creation, delivery and capture of value of a social enterprise. Depending on the course and approach you want to give to the case discussion, it can serve as support for the following objectives: arguing the contribution of social innovation to solve problems in a region; propose the resources and value proposition of the business model of a social enterprise; and attitudes promotion: understand the importance of ethics and responsibility in the development of social enterprises. Case overview/synopsis The case addresses the opportunity of the school “Brillo de Luna,” when developing social entrepreneurship, which requires projection, evaluation and management support. In this context, the director of the school must propose a business model that is sustainable in the long-term in the market and that generates shared value. The institutional relationship of the school “Brillo de Luna” with the Cristalchile company, through the social entrepreneurship of glass recycling, could generate economic, environmental and social value to the school community and the company. Complexity academic level Courses in which the case could be applied: entrepreneurship and strategy. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 3: Entrepreneurship.

scholarly journals Social Entrepreneurship in Digital Age for Both Quality Pace for Economic Development

2019 ◽  
Vol 8 (4S3) ◽  
pp. 244-248
Keyword(s):  
Economic Development ◽  
Social Entrepreneurship ◽  
Business Models ◽  
Social Entrepreneur ◽  
Primary Data ◽  
Social Entrepreneurs ◽  
Sustainable Business ◽  
The Social ◽  
Sustainable Business Models

In the globalized economy, entrepreneurship is the asset for economic development. Social Entrepreneurship works to bring positive social, economic environmental outcomes for the society. Social entrepreneurs, in the globalised economy thriving to fit into effective and efficient business through solving community based problems. A social entrepreneur has greater impact in achieving sustainable business models and approaches through addressing social and environmental problems. The fast paced growth of new digital technologies provides powerful resources for facing existing social and environmental challenges. The research paper aims to reveal the role of Social entrepreneur benefits and Challenges in developing our Economy. The research is of an empirical nature and primary data are collected using convenient sampling techniques through a structured questionnaire. The study outcome will help the social entrepreneurs to enhance their business worth and for economic development.

Fortress Europe? UCITS V and the US Fund Manager

2014 ◽  
Vol 15 (2) ◽  
pp. 36-38 ◽  
Author(s):  
Thomas Jesch ◽  
Hartmut Renz ◽  
Stephen Culhane ◽  
Simon Firth ◽  
David Sausen ◽  
...  
Keyword(s):  
Business Models ◽  
Point Of View ◽  
Sustainable Business ◽  
Content Type ◽  
The Public ◽  
The Us ◽  
Sustainable Business Models ◽  
Fortress Europe ◽  
Excessive Risk Taking ◽  
Credit Institutions

Purpose – To discuss the new UCITS V Directive, recently agreed upon by the European Parliament and Council, which will include safeguards to protect client assets in the event of a depositary’s insolvency and also address remuneration practices that are thought to encourage excessive risk-taking. Design/methodology/approach – Summarizes UCITS-V, discusses whether the new remuneration rules are sound, addresses the concern that the UCITS V remuneration restrictions could make it difficult for USA-affiliated advisers and managers to manage UCITS, summarizes next steps and further procedures. Findings – From an institutional point of view, deferred remuneration systems will require credit institutions, as well as investment firms and custodians, to ensure sound and sustainable business models that also protect the public. This will be accomplished in part by establishing incentives and compliance systems that foster a risk-aware approach and an awareness by employees that they will profit only if the fund investors or the relevant credit institutions do. UCITS offering materials will need to be evaluated to see if current advisory structures can be maintained while retaining the desired business profile of the fund. Originality/value – Practical explanation by experienced lawyers.

Intertwining CSR with strategy – the way ahead

2014 ◽  
Vol 14 (2) ◽  
pp. 211-219 ◽  
Author(s):  
Shital Jhunjhunwala
Keyword(s):  
Business Strategy ◽  
Design Methodology ◽  
Business Models ◽  
Corporate Strategy ◽  
Sustainable Business ◽  
Socially Responsible ◽  
Content Type ◽  
Sustainable Business Models ◽  
Corporate Social

Purpose – The purpose of this paper is to emphasize the importance and means of making corporate social responsibility (CSR) an integral part of corporate strategy with the help of case studies. Design/methodology/approach – The article explores the transformation of business from being egocentric to socially responsible. With the use of examples it demonstrates how integrating CSR into strategy can create sustainable business models. Findings – Firms need to develop a framework for integrating CSR into their business strategy for long term successful survival. Social implications – Corporates and society are intertwined and mutually dependent. Business cannot survive without society's acquiescence nor succeed without its active support. Originality/value – The article explains the benefits of CSR and how to make it an integral part of business strategy to gain a competitive advantage.

Challenges and opportunities for social entrepreneurs in civil engineering in Brazil

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ernesto Ferreira Vasconcellos ◽  
Bernardo Henrique Leso ◽  
Marcelo Nogueira Cortimiglia
Keyword(s):  
Civil Engineering ◽  
Social Innovation ◽  
Social Enterprises ◽  
Exploratory Research ◽  
Social Entrepreneurs ◽  
Content Type ◽  
Challenges And Opportunities ◽  
Research Findings ◽  
Development Goals ◽  
The Government

Purpose This paper aims to identify challenges and opportunities for social enterprises (SE) in civil engineering in Brazil. Design/methodology/approach Starting from the transformative social innovation theory and inspired by grounded theory principles, this paper conducts three-stage exploratory research. First, this paper mapped the Brazilian SE civil engineering ecosystem. Next, this paper classified the SE initiatives along with an organizing framework. Finally, this paper conducted 11 interviews with key ecosystem actors and analyzed data through iterative, parallel and interrelated content analysis procedures. Findings The 37 SE found were classified along “Sustainability,” “Housing,” “Transportation” and “Sanitation” pillars, which are aligned with the United Nations’ social development goals. This paper found 50 challenges and opportunities, which were aggregated along seven dimensions. Three elements are particularly relevant as opportunities: opportunities for SE with ecosystem supporters, specialized investors and partnership with major companies; while government and early investment are the most relevant challenges. Research limitations/implications Research findings and conclusions cannot be extended to other sectors and countries. Usual limitations associated with exploratory qualitative research must also be highlighted. Practical implications The government should offer financial and technical support for civil engineering in working in partnership with ecosystem supporters. Academy could use SE content and ecosystem for its students and should offer diverse resources for network creation. Originality/value Focusing on civil engineering SE in Brazil, this study sheds light on a high-impact sector that has not been studied yet.

Challenges faced by youth social entrepreneurs in Malaysia: career transition to become a social entrepreneur

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nur Raihan Che Nawi ◽  
Mohd Mursyid Arshad ◽  
Steven Eric Krauss ◽  
Ismi Arif Ismail
Keyword(s):  
Social Entrepreneurship ◽  
Early Stage ◽  
Career Transition ◽  
Social Enterprises ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
Content Type ◽  
Data Saturation ◽  
Analyse Data ◽  
Voice Recorder

Purpose The practice of social entrepreneurship has grown rapidly around the world, including in Malaysia where it is still considered to be at an early stage. Nevertheless, little is known about the career transition among youth who choose careers as social entrepreneurs. The purpose of this study is to explore the challenges faced by youth social entrepreneurs who run social enterprises in Malaysia. Design/methodology/approach This study used a qualitative approach to collect and analyse data to answer the research questions. Seven youth social entrepreneurs were interviewed until data saturation was met. An interview guide was created for the purposes of conducting the interviews. The interviews were recorded using a voice recorder. Data were transcribed verbatim and grouped in order to identify the codings, categories and themes. Findings The findings show the career transition to become a social entrepreneur, as well as the major challenges that youth social entrepreneurs face, which include acclimatising to the life and career of a social entrepreneur and not getting support from family. Practical implications The study findings are also significant for presenting valuable data on the experience of the developing social entrepreneur. The qualitative nature of the study provides valuable experiential insight into the lives and struggles of young social entrepreneurs in Malaysia. The findings will allow local authorities and social entrepreneurship regulatory agencies to design initiatives and plan actions intended to overcome the challenges. Originality/value This study makes an original contribution by showing that the process of career development as a social entrepreneur has given meaning to the informants. Despite presenting many challenges, social entrepreneurship has reinforced the role of youth social entrepreneurs, especially in relation to social responsibility.

How the social entrepreneurship business model designs in South Africa create value: a complex adaptive systems approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Olu Oludele Akinloye Akinboade ◽  
Trevor Taft ◽  
Johann Friedrich Weber ◽  
Obareng Baldwin Manoko ◽  
Victor Sannyboy Molobi
Keyword(s):  
South Africa ◽  
Business Model ◽  
Value Creation ◽  
Social Entrepreneurship ◽  
Complex Adaptive Systems ◽  
Local Governments ◽  
Business Models ◽  
Social Entrepreneurs ◽  
Content Type ◽  
The Social

Purpose This paper aims to understand social entrepreneurship (SE) business model design to create values whilst undertaking public service delivery within the complex environments of local governments in South Africa. Design/methodology/approach Face-to-face semi-structured interview was conducted with 15 purposively selected social entrepreneurs in Gauteng and Western Cape provinces. The interview guide consisted of main themes and follow-up questions. Themes included SEs’ general history, the social business model; challenges faced and how these were overcome; scaling and growth/survival strategies. These enabled the evaluation of SEs in terms of identifying key criteria of affordability, availability, awareness and acceptability, which SEs must achieve to operate successfully in low-income markets. Social enterprise owners/managers within the electricity distribution, water reticulation and waste management services sectors were surveyed. Findings Most respondents focus on building a network of trust with stakeholders, through communication mechanisms that emphasize high-frequency engagements. There is also a strong focus on design-thinking and customer-centric approaches that strengthen value creation. The value creation process used both product value and service value mechanisms and emphasized quality and excellence to provide stakeholder, as well as societal value, within their specific contexts. Practical implications This study builds upon other research that emphasizes SEs’ customer-centric approaches to strengthen value creation and on building a network of trust with multiple stakeholders. It contributes to emphasizing the business paradigm shift towards bringing social values to the business practice. Social implications Social good, but resource providers are demanding more concrete evidence to help them understand their impact (Struthers, 2013). This is because it is intrinsically difficult for many social organizations to document and communicate their impact in more than an anecdotal way. The research has contributed to the understanding of how SEs can provide evidence of value creation. Originality/value This study contributes to the understanding of how business models are designed to create value within the context of the overwhelming complexity of local government services in South Africa.

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