The Practical Intelligence of Social Entrepreneurs: Managing the Hybridity of Social Enterprises

2019 ◽  
Vol 10 (1) ◽  
Author(s):  
Byungchae Jin
Keyword(s):  
Social Entrepreneurship ◽  
Economic Value ◽  
Social Enterprises ◽  
Social Value ◽  
Practical Intelligence ◽  
Social Entrepreneurs ◽  
Non Profit ◽  
Social Mission ◽  
The Creation

AbstractThe hybridity of social enterprises – that is to say, their simultaneous pursuit of both economic and social value – has increasingly drawn the attention of scholars in the fields of social entrepreneurship and, more broadly, entrepreneurship. To date, there has been significant debate as to whether or how social enterprises are distinct from for- and non profit organizations and whether generating economic rents and achieving a social mission can complement or substitute for each other. To add nuance to this literature, this study focuses on the role of social entrepreneurs’ practical intelligence, seeking to understand how the practical intelligence of social entrepreneurs can contribute to creating both economic and social value. We generally find positive relationships between practical intelligence and the creation of both social and economic value. However, empirical evidence suggests that some dimensions of practical intelligence are closely related to the creation of economic value, whereas others are related to creating social value. Based on the findings, we discuss how practical intelligence can effectively help social entrepreneurs manage the hybridity of their social enterprises.

When Music Changes, so Does the Dance

2021 ◽  
pp. 262-283
Author(s):  
Gözde Morgül ◽  
Mine Afacan Fındıklı
Keyword(s):  
Qualitative Research ◽  
Social Exclusion ◽  
Social Entrepreneurship ◽  
Critical Value ◽  
Social Enterprises ◽  
Social Value ◽  
Social Entrepreneurs ◽  
Social Actors ◽  
The Social

This chapter examines the role of social enterprises/entrepreneurs from the perspective of the COVID-19 outbreak and discussed the importance of social entrepreneurship. In this context, answers to the following questions are sought: Did social enterprises/entrepreneurs stand out during the COVID-19 era, particularly the social value they created? Do social enterprises/entrepreneurs perform studies especially for groups experiencing social exclusion during the COVID-19 era? The study based on qualitative research reveals that by producing innovative, fast, and effective solutions social initiatives have won the approval of society. The headlines of leading media outlets published between December 2019 and June 2020 and discourses from social actors confirm the rising critical value of social entrepreneurs.

scholarly journals International social entrepreneurship and social value creation in cause-related marketing through personal relationships and accountability

2020 ◽  
Vol 37 (5) ◽  
pp. 945-976
Author(s):  
Teck-Yong Eng ◽  
Sena Ozdemir ◽  
Suraksha Gupta ◽  
Rama Prasad Kanungo
Keyword(s):  
Value Creation ◽  
Social Entrepreneurship ◽  
Social Value ◽  
Personal Relationships ◽  
Social Entrepreneurs ◽  
Content Type ◽  
Non Profit ◽  
Social Mission ◽  
Social Value Creation ◽  
International Social

PurposeDrawing on the resource-based view (RBV) and literature on relational embeddedness and network ties, we examine how personal relationships of international social entrepreneurs and accountability of social enterprises influence social value creation in cause-related marketing (CRM) of three UK-based international charities. The study also explores how personal relationships of international social entrepreneurs affect accountability of social entrepreneurship for social value creation of non-profit organizations in the UK context.Design/methodology/approachOur research aimed to inform international social entrepreneurship literature by exploring the impact of personal relationships on accountability and social value creation processes via cause-related marketing (CRM) practices using a case study method. The lack of clearly defined social value creation in social entrepreneurship, and somewhat intangible processes of relationally embedded ties, accountability, and their impact, the case study method is most suited for this study. In particular, inquiry-based investigation surrounding social value, embedded ties and accountability requires systematic and structured dissemination to capture latent constructs.FindingsThe findings show the importance of personal ties in the alignment of social mission with corporate social responsibility between UK-based international charities and commercial organizations across borders. In international social entrepreneurship, social value creation is facilitated by accountability of social goals while trust-based personal relationships assist access to commercial opportunities.Research limitations/implicationsFurther research could examine the role of trust in creating greater social value from an international social entrepreneurial perspective rather than from a solely non-profit social mission. It can also consider additional factors such as gender and cultural capital issues to investigate the role of personal relationships of international social entrepreneurs in the accountability and social value creation of non-profit organizations.Practical implicationsThe need to fulfil social objectives, missions and obligations are central to the involvement of international social entrepreneurs in CRM activities with commercial organizations. Accountability through clear communications serves as the basis for brokering new ties or partnerships within the social relations of entrepreneurs, particularly weak ties rendering trust for third party endorsement and sharing of information. Although partnerships with commercial organizations may create social value in CRM, the reliance on personal relationships may expose international social entrepreneurs to unethical practice beyond immediate relationships and/or opportunistic behavior without formal contracting mechanisms. International social entrepreneurs must therefore match the core values of their social mission with potential partners in their CRM engagements.Originality/valueThe literature on international social entrepreneurship has not considered how social entrepreneurs' personal relationships at the individual level may impact accountability of social entrepreneurship for CRM and social value creation. This study builds on these studies by examining how individual level personal relationships of international social entrepreneurs with external stakeholders influence accountability of social entrepreneurship for CRM and social value creation at the organizational level. This study also builds on prior studies about entrepreneurial networks and network ties by examining the processes in which international social entrepreneurs use their personal relationships to access and utilize external resources for social value creation in CRM. Finally, this study contributes to previous research which provides limited insights into the international social entrepreneurship among organizations with reference to CRM where social value attributes are evaluated by embedded relational ties.

The Effects of Digitalization on Social Entrepreneurship and Social Value

2021 ◽  
pp. 102-119
Author(s):  
Hale Cide Demir
Keyword(s):  
Social Capital ◽  
21St Century ◽  
Social Entrepreneurship ◽  
Social Impact ◽  
Business Models ◽  
Social Enterprises ◽  
Social Value ◽  
New Order ◽  
Social Entrepreneurs ◽  
Blockchain Technology

The intense competition and change by globalization and digitalization in the 21st century have made organizations and people face opportunities, threats, and uncertainty. Digitalization allows new and original business models and thus, presenting changes as a service or benefit to the consumer has become more important. A network is the most powerful instrument of social entrepreneurs or other employees to adapt to the new order. A very important tool of the new order is the blockchain technology which allows more secure, efficient, and trustworthy social enterprises. Social entrepreneurship is the process of establishing social enterprises to create social benefits and the relevant social value is general non-financial effects of programs, organizations, and interferences that include the wellbeing of people and communities, social capital, and the environment. This study tries to define and theorize that the results of digitalization can be managed by increasing social entrepreneurship and the resulting social impact and networking have an easing effect on this method.

scholarly journals Decoding the Process of Social Value Creation by Chinese and Indian Social Entrepreneurs: Contributory Factors and Contextual Embeddedness

2019 ◽  
Vol 15 (02) ◽  
pp. 269-306 ◽  
Author(s):  
Deepak Sardana ◽  
Vassiliki Bamiatzi ◽  
Ying Zhu
Keyword(s):  
Value Creation ◽  
Social Inclusion ◽  
Economic Value ◽  
Social Enterprises ◽  
Social Value ◽  
Social Entrepreneurs ◽  
Social Challenges ◽  
For Profit ◽  
Process Framework ◽  
Social Value Creation

ABSTRACTNowadays social entrepreneurship is recognized as a two-way process, addressing both social and economic concerns that can bring social inclusion, equity, and development to disadvantaged groups in society. This aspect is particularly important and desirable within emerging economies. In these markets, which are constantly faced with profound economic and social challenges, we see the growing importance of social entrepreneurs as they take upon themselves the provision of welfare services and progressive activities. However, our understanding of the mechanisms underlying the creation of social and economic values in social enterprises, and the factors contributing to the establishment of these value creation objectives, is still rather fragmented. Our article contributes to this gap in the literature by decoding the process via which for-profit social entrepreneurs from China and India create social and economic value. In addition, by combining a deductive and an inductive approach of analysis, we offer novel insights into the context-dependent processual patterns deciphered within the two countries. A new entrepreneurial process framework that reflects the contextualized social value creation process by social entrepreneurs is thus provided.

scholarly journals Knowledge management activities in social enterprises: lessons for small and non-profit firms

2017 ◽  
Vol 21 (2) ◽  
pp. 376-396 ◽  
Author(s):  
Maria L. Granados ◽  
Souad Mohamed ◽  
Vlatka Hlupic
Keyword(s):  
Knowledge Management ◽  
Empirical Studies ◽  
Economic Value ◽  
Social Enterprises ◽  
Content Type ◽  
Non Profit ◽  
Starting Point ◽  
The Creation ◽  
Social Environmental ◽  
The Uk

Purpose This paper aims to explore what social enterprises (SEs) in the UK know and how they acquire, convert, apply and protect this knowledge. This will enable them to manage their knowledge effectively and, hence, improve their practices and maximise the creation of social, environmental and economic value. Design/methodology/approach This study follows a qualitative approach, comprising 21 interviews with founders and senior members of SEs in the UK. Findings The results show that the investigated SEs have knowledge management (KM) practices similar to the already identified in SMEs, associated with informality, reliance on external sources and focus on socialisation activities, but they have unique challenges on managing their knowledge related to their hybrid mission, to include social and economic objectives and their closed relationship with stakeholders. Research limitations/implications As there is limited research on KM practices in SEs; they were defined based on previous studies in large, private and public companies. Therefore, not all practices may be included. This research is a starting point in the study of KM in SEs. Practical implications This study identifies knowledge activities that enable the creation of social, environmental and economic value in SEs. This allows SEs, small firms and non-profit organisations to review their current practices and develop plans for their further improvement. Originality/value This paper is one of the first empirical studies exploring KM practices in SEs, highlighting their informal nature as well as their impact in and on the enterprise.

How social entrepreneurs learn new skills? The role of social economy support centres in supporting know- how development.

2021 ◽  
Vol 8 (2) ◽  
pp. 35-43
Author(s):  
Martyna Wronka-Pośpiech ◽  
Keyword(s):  
Social Economy ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Non Profit ◽  
Know How ◽  
For Profit ◽  
Key Factor ◽  
Modern Business ◽  
The Many

The modern business model means that, regardless whether for-profit or non-profit, an organization should have both the willingness and the ability to learn and develop. Nowadays social enterprise has emerged as a key factor in efforts to address the many complex issues facing the world today. Its focus on providing a benefit to society as a whole rather than just the owners of the enterprise make it ideal for addressing the global concerns of the environment, healthcare, education, economic growth, and poverty alleviation. This article demonstrates specific examples on how Social Economy Support Centres create policy programmes for social enterprises and support their legal, financial and know-how development.

Social Entrepreneurship and Sustainable Development

2020 ◽  
pp. 64-84
Author(s):  
Susana de los Ríos-Sastre ◽  
Víctor M. González-Sánchez
Keyword(s):  
Social Entrepreneurship ◽  
Social Value ◽  
Social Orientation ◽  
Social Entrepreneurs ◽  
Intensive Use ◽  
Challenges And Opportunities ◽  
Relevant Role ◽  
Definition Of ◽  
Near Future

There is no doubt about the relevant role of social entrepreneurs as social transformers and there seems to be broad consensus on the factors that characterize it, such as: a sustainable social orientation, the intensive use of innovation, and the aim of creating social value. This chapter offers an updated vision of social entrepreneurship around the world, showing the main advances made in recent years and analyzing the main challenges and opportunities for the near future. It includes a reflection on the concept of social entrepreneurship, since today there's not a single definition of that term, and a review of the evidence on good practices in this field, which could serve as a model for future initiatives.

scholarly journals Social Entrepreneurship as a Tool of Sustainable Development

2020 ◽  
Vol 24 (3) ◽  
pp. 21
Author(s):  
Jozef Bľanda ◽  
Nataša Urbančíková
Keyword(s):  
Sustainable Development ◽  
Social Entrepreneurship ◽  
Questionnaire Survey ◽  
Practical Experience ◽  
Likert Scale ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Research Results ◽  
Important Benefit

<p><strong>Purpose:</strong> The article deals with the analysis of the perception of social entrepreneurship in Slovakia by social entrepreneurs. The main aim is to identify how social entrepreneurs perceive individual aspects of social entrepreneurship in Slovakia, including the role of social entrepreneurship in sustainable development.</p><p><strong>Methodology/Approach:</strong> The analysis was based on data obtained from a questionnaire survey conducted among social entrepreneurs in Slovakia. The survey was attended by representatives of 35 social enterprises from Slovakia. A seven-point rating of Likert scale used within the questionnaire. The mode, median and interquartile range of answers were used to evaluate the questionnaire.</p><p><strong>Findings:</strong> Social entrepreneurs pointed out that social entrepreneurship is still in development in Slovakia and several obstacles causing this situation. They also agreed that the most important benefit of social entrepreneurship in Slovakia is the effort to solve social problems. The research results show that the priority of social entrepreneurs in Slovakia is not to support sustainable development.</p><p><strong>Research Limitation/implication:</strong> The research was limited by the number of social entrepreneurs who participated in the survey. More than half of social enterprises, registered in Slovakia were not willing to participate in the survey.</p><strong>Originality/Value of paper:</strong> The article brings important findings in the field of social entrepreneurship, which are based on the practical experience of social entrepreneurs in Slovakia.

Leading complementary schools as non-profit social entrepreneurship: Cases from Lithuania

2020 ◽  
Vol 34 (4) ◽  
pp. 149-156
Author(s):  
Julija Melnikova
Keyword(s):  
Leadership Development ◽  
Social Entrepreneurship ◽  
Social Enterprises ◽  
Social Goals ◽  
Social Entrepreneurs ◽  
Cultural Education ◽  
Group Discussions ◽  
Non Profit ◽  
Self Sufficiency ◽  
Wide Range

The article explores the topic of leading complementary schools as models of non-profit social enterprises, reflecting the way the sector has developed in Lithuania. Complementary schools in Lithuania provide educational services often related to language and cultural education focusing on different groups such as minorities, immigrants and people with disabilities. They use client-focused activities to achieve social goals and maintain financial self-sufficiency. Therefore, the leadership of these organizations is of major importance. Group discussions were conducted with 32 heads of complementary schools to explore their perceptions of the entrepreneurship competencies they need to meet the challenges they face in establishing and sustaining their non-profit organizations. Viewing complementary schools as non-profit social enterprises and their leaders as social entrepreneurs contributes to the understanding of them as organizations and the wide range of competencies and practices needed to lead such schools effectively with implications for pre-service and in-post leadership development.

Learning with the market

2016 ◽  
Vol 28 (6) ◽  
pp. 1245-1286 ◽  
Author(s):  
Marianna Sigala
Keyword(s):  
Social Entrepreneurship ◽  
Social Transformation ◽  
Social Enterprises ◽  
Social Value ◽  
Social Entrepreneurs ◽  
Research Attention ◽  
Content Type ◽  
Market Approach ◽  
Tourism And Hospitality ◽  
Practical Implications

Purpose Although the generation of social value is the focus of social entrepreneurship, little research attention is paid on how social value and transformation can be created. By adopting a market approach, this study aims to develop a framework showing how social enterprises in tourism/hospitality can generate social value and transformation. Design/methodology/approach A thorough literature review revealed that a market approach is an appropriate lens for understanding social entrepreneurship. Consequently, a framework based on “learning with the market” is proposed as a useful tool for identifying, managing and also creating (new) opportunities for social ventures. The justification and the theoretical underpinnings of the market-based framework are further supported by discussing various other theories and concepts. Findings The framework identifies three capabilities that social entrepreneurs need to develop for generating social value and transformation: network structure, market practices and market pictures. Several examples from tourism and hospitality social enterprises are analyzed for showing the applicability and usefulness of the framework. Research limitations/implications The paper proposes a conceptual framework as well as several research directions for further testing, refining and expanding it. Practical implications By applying the framework on several tourism and hospitality social enterprises, the paper provides practical implications about the capabilities that social enterprises should develop for engaging with other market actors to identify and exploit (new) market opportunities for social value co-creation, and influence market plasticity for forming new markets and driving social change. Social implications The suggested framework identifies the capabilities and the ways in which (tourism/hospitality) social enterprises can engage with and form markets for co-creating social value and escalating their social impacts through social transformation. Originality/value The paper provides a new marketing approach (that overcomes the limitations of traditional economic theories) for understanding how social enterprises can shape, manage and engage with social markets for generating social value.

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