scholarly journals Scaling Social Enterprises through Product Diversification

2021 ◽  
Vol 13 (21) ◽  
pp. 11660
Author(s):  
Srivardhini K. Jha ◽  
Nachiket Bhawe ◽  
P. Satish
Keyword(s):  
Social Impact ◽  
Two Dimensions ◽  
Social Enterprises ◽  
Product Diversification ◽  
Microfinance Institutions ◽  
Social Entrepreneurs ◽  
Diversification Strategy ◽  
The Social ◽  
Diversification Strategies ◽  
Quantitative Analyses

Scaling has remained a challenge for social enterprises, which strive to balance social impact with financial performance to facilitate sustainable development. Product diversification, a common scaling strategy in commercial enterprises, has been recently proposed as a strategy to scale social enterprises while keeping their dual goals in balance. We empirically investigate this using a combination of qualitative and quantitative analyses of microfinance institutions in India. Our inductive analysis reveals that product diversification in social enterprises varies along two dimensions—relatedness and locus of impact—to give four distinct diversification strategies. Each of these strategies impacts the social and financial goals of the organization differently. To scale successfully, social enterprises need to deploy a deliberate and dynamic mix of product diversification strategies. The paper makes an important contribution to the field of social entrepreneurship by exploring how diversification strategy can help social enterprises scale. It also provides important insights to social entrepreneurs on how they should deploy a mix of diversification strategies to maintain a balance between their social and financial goals.

Impact measurement in social enterprises: Australia and India

2016 ◽  
Vol 12 (1) ◽  
pp. 78-103 ◽  
Author(s):  
Debbie Haski-Leventhal ◽  
Akriti Mehra
Keyword(s):  
Qualitative Methodology ◽  
Social Impact ◽  
Social Enterprises ◽  
Impact Measurement ◽  
Social Entrepreneurs ◽  
Developed Country ◽  
Content Type ◽  
The Social ◽  
Theoretical Sampling ◽  
Practical Implications

Purpose This study aims to extend existing research on impact measurement (IM) in social enterprises (SEs) by capturing, comparing and contrasting perceptions of IM in SEs in Australia and India. Design/methodology/approach A qualitative methodology was used to study five cases each in India and Australia. The SEs were identified using snowball and theoretical sampling, and grounded theory was applied to analyze the data. Findings Emerging perceptions of IM in both countries are described according to the development of the SE, its perceived impact and IM methods and challenges. Primary differences between India and Australia lie in perceptions of impact and IM, and related tools and processes. Similarities include understanding the importance of IM and the challenges faced. Signaling theory is used to depict how some SEs use IM to signal quality to their stakeholders and how information asymmetry can be reduced by measuring and reporting on IM. Research limitations/implications There is limited representation from developed and developing countries, and the snowball and theoretical sampling approaches used to identify SEs have limitations, including limited representation of SEs. Practical implications There is presently no standardized method of IM due to common challenges and perceived barriers. It is, therefore, important for SEs to work toward developing their own comprehensive IM methodology that is ingrained in strategy, applied on a regular basis and used to measure collective impact to increase sense of ownership and acceptability for employees and partners. Originality/value The paper brings the social entrepreneurs’ perspectives on measuring social impact while comparing these perspectives in one developing and one developed country.

ON THE ISSUE OF ASSESSING THE SOCIAL IMPACT OF SOCIAL ENTREPRENEURSHIP

2021 ◽  
Vol 14 (6) ◽  
pp. 157-161
Author(s):  
MARGARITA NETESOVA ◽  
Keyword(s):  
Social Entrepreneurship ◽  
Social Impact ◽  
Social Problems ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
The Social ◽  
Quantitative Indicators ◽  
Current Procedure

Purpose of research. The purpose of the study is to develop a legal approach to assessing the social impact of such a phenomenon as social entrepreneurship. In accordance with the current legislation, social entrepreneurship is carried out in order to solve certain acute social problems facing society. There is an urgent need to assess to what extent this activity solves the task, in other words, to determine the level of social impact exerted by the category of social entrepreneurs. Currently, the current regulatory legal acts do not contain criteria for such an assessment. Conclusions. The analysis of certain types of social entrepreneurship and the current procedure for recognizing small and medium-sized businesses as social enterprises allowed us to identify quantitative indicators characterizing the social impact of certain types of social entrepreneurship. In addition, quantitative and qualitative indicators are proposed that can be used to evaluate those social enterprises whose activities cannot be evaluated on the basis of so-called "obvious" quantitative indicators. It is concluded that it is necessary to submit a report on the social impact of a small or medium-sized business entity applying for inclusion in the register of social entrepreneurs.

Integrating Social Entrepreneurship Literature Through Teaching

2021 ◽  
pp. 251512742110219
Author(s):  
Angela E. Addae ◽  
Cheryl Ellenwood
Keyword(s):  
Social Entrepreneurship ◽  
Social Impact ◽  
Core Competencies ◽  
Entrepreneurship Education ◽  
Growth Strategies ◽  
Social Entrepreneurs ◽  
Skill Sets ◽  
Academic Literature ◽  
The Social ◽  
Social Sectors

As boundaries between the business and social sectors dissolve, social entrepreneurship has emerged as a phenomenon that bridges two worlds previously divided. Now, social entrepreneurs embrace market-based tools to address society’s greatest challenges. Coinciding with the growth of the sector, students and researchers have sought to understand development, growth strategies, and the practical challenges related to social entrepreneurship. In turn, universities have bolstered social entrepreneurship education by creating academic offerings that emphasize business, social impact, and innovation. Still, social entrepreneurship education remains in its infancy. Courses are as varied as the field itself, and instructors routinely rely on their professional backgrounds and networks to develop curricula that explore the field’s multifaceted character. Thus, social entrepreneurship courses are diverse across disciplines, and the academic literature theorizing the phenomenon is similarly emergent. As social entrepreneurship courses combine theoretical insights with experiential learning in a myriad of ways, aligning theoretical insights with necessary core competencies presents a challenge. To address this dilemma, we highlight the importance of employing theory-driven concepts to develop core competencies in social entrepreneurship students. In doing so, we review key threshold concepts in the social entrepreneurship literature and suggest how instructors might link theoretical insights to practical skill sets.

scholarly journals Social Entrepreneurship in the Conduct of Responsible Innovation: Analysis Cluster in Mexican SMEs

2019 ◽  
Author(s):  
Irene Liliana Bahena-Álvarez ◽  
Eulogio Cordón-Pozo ◽  
Alejandro Delgado-Cruz
Keyword(s):  
Social Organization ◽  
Social Entrepreneurship ◽  
Social Impact ◽  
Scientific Organization ◽  
Statistical Technique ◽  
Social Rejection ◽  
Responsible Innovation ◽  
Social Entrepreneurs ◽  
The Social ◽  
Innovation Analysis

Responsible innovation combines philanthropic and economic aspects and it is common to refer to entrepreneurs who lead it as "social entrepreneurs". The present study of 100 Mexican SMEs, provides knowledge of exploratory nature about what the models of organization are conducive to SMEs in the generation and development of responsible innovations. Through the statistical technique of cluster analysis, this study identified and characterized four models of organization according to the level of social entrepreneurship reached: (1) “The techno-scientific organization”, (2) “The techno-social organization”, (3) “The capitalist-social organization” and (4) “The capitalist organization”. While in Europe the dominant discourse about responsible innovation focuses on the control of the risk of social rejection of the advance of science and technology; in contexts such as the Mexican, the phenomenon is configured as the mechanism through which entrepreneurs articulate its technological and scientific capabilities to solve priority and specific problems of the society, however, the social impact does not crucially affect their business initiatives. The techno-scientific organization (50% of studied SMEs) is proposed as the model of organization with greater viability for Mexican entrepreneurs.

scholarly journals Social Entrepreneurial Intention among Business Undergraduates: An Emerging Economy Perspective

2013 ◽  
Vol 15 (3) ◽  
Author(s):  
Ayob Noorseha
Keyword(s):  
Emerging Economies ◽  
Social Entrepreneurship ◽  
Sampling Technique ◽  
Entrepreneurial Intention ◽  
Emerging Economy ◽  
Social Enterprises ◽  
Private Higher Education ◽  
Social Entrepreneurs ◽  
The Social ◽  
Perceived Desirability

Social entrepreneurs are viewed as having the abilities to combat social and economic problems in which government, businesses, and non-profits may not be able to solve the problems alone. Consequently, with the collaboration among these sectors, more social enterprises can be established to create social values and development in a nation, specifically among the emerging economies. Therefore, it is timely to investigate what motivates undergraduates to develop social entrepreneurial intention. Drawing from the entrepreneurial models of Shapero and Sokol (1982) and Kruger and Brazeal (1994), this study aims to examine the social entrepreneurial intention among undergraduates from the perspective of an emerging economy. The proposed conceptual model differs from the existing entrepreneurial intention studies by adding the concepts of empathy and social entrepreneurship exposure as the antecedents to perceived desirability and perceived feasibility of social enterprising start-up, which in turn link to social entrepreneurial intention. Using the quota sampling technique, data were collected from 257 business and economics undergraduates from both public and private higher education institutions in Malaysia. The survey instrument was adapted from prior related studies, for instance, Davis (1983) for empathy; Shapero and Sokol (1982) for social entrepreneurship exposure; Krueger (1993) for perceived desirability and perceived feasibility; and Chen et al. (1998) for social entrepreneurial intention. Partial least squares path modelling was used to analyze the hypothesized relationships in the proposed conceptual framework. It is hoped that the findings of this study will shed light on the existing literature of social entrepreneurship, specifically the social entrepreneurial intention studies from the emerging economies perspective.    

How do social responsibility and social entrepreneurship generate value creation in pandemics?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rui Silva ◽  
Margarida Rodrigues ◽  
Mário Franco ◽  
Cidália Oliveira ◽  
Nuno Sousa
Keyword(s):  
Social Responsibility ◽  
Social Entrepreneurship ◽  
Social Impact ◽  
Well Being ◽  
Self Determination ◽  
Social Entrepreneurs ◽  
Content Type ◽  
The Social ◽  
Multiple Case ◽  
High Degree

Purpose Using self-determination theory and individual social responsibility’s (ISRs) association with pure social entrepreneurship, this study aims to answer the following question: How and why have the different actors responded to the crisis caused by the pandemic? Design/methodology/approach Qualitative research (multiple case studies) was adopted, resorting to interviewees with seven economic and non-economic actors in the Portugal context. Findings The results obtained, using MAXQDA software, show that those carrying out actions of social responsibility have a high degree of self-determination and intrinsic motivation, and are true social entrepreneurs, which lets them improve the well-being of those around them. In addition, these individuals feel good about themselves by performing these actions, as they measure their performance by the social impact of their actions on society in general. Practical implications This study suggest there is a high awareness amongst people to exercise that responsibility in a voluntary way, through humanitarian initiatives and campaigns brought about especially by an unprecedented pandemic. In practice, people joining these initiatives motivate many others towards the causes, creating the will to continue in the future and satisfy unmet needs provoked by social crises. Originality/value This study is innovative because it is related to filling the gaps identified, mainly by carrying out an empirical study about ISR, rather than that of firms, where studies are more common.

Creating Social Spaces for Artists

2015 ◽  
Author(s):  
Daniel B. Cornfield
Keyword(s):  
Cultural Capital ◽  
Social Enterprise ◽  
Turning Points ◽  
Career Pathways ◽  
Social Enterprises ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
Social And Cultural Capital ◽  
The Social ◽  
The Impact

This chapter considers the pathways to becoming an artistic social entrepreneur. Previous research on social entrepreneurs has emphasized the impact of one's stock of human, social, and cultural capital on one's mobilization of requisite resources for launching and sustaining a social enterprise. Less sociological attention has been given to the influence of career-biographical factors, such as family, religion, education, and pivotal career turning points that may inspire and compel one to become a social entrepreneur and to envision and shape one's social enterprise, let alone an artistic social enterprise. The profiles of four artistic social entrepreneurs in this chapter illustrate how their strategic and risk orientations and career pathways shape the social enterprises they envision and influence their assumption and enactment of their roles as artist activists.

Utilization of Online Platforms by Social Entrepreneurs for Social Sustainable Development

2019 ◽  
pp. 75-102
Author(s):  
Anja Herrmann-Fankhänel
Keyword(s):  
Sustainable Development ◽  
Market Orientation ◽  
Social Enterprise ◽  
Resource Dependence ◽  
Social Innovation ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Online Platforms ◽  
The Social ◽  
Start Ups

Socially sustainable development can be driven by individuals, entrepreneurs, growing start-ups, and international companies. As social entrepreneurs, people opt for a form of organization that contributes to social improvement through entrepreneurial means. The question is: How do they do it? The resource dependence approach (RDA) assumes that all decisions and activities of a (social) enterprise are based on information about its environment. Therefore, the four key components of the social enterprise (individual, organization, social innovation, market orientation) must be appropriate. In this chapter, therefore, social enterprises are outlined as active participants and shapers of the economy and society. Since an active improvement with regard to socially sustainable development is focused by the social enterprises in Africa, a description of the social enterprise's environment is also given within the framework of topical focuses. The goal is to derive recommendations about action for social enterprises to achieve their goals.

Leadership in Social Entrepreneurship

2017 ◽  
pp. 768-789
Author(s):  
Jorge Colvin Díez ◽  
José Manuel Saiz-Alvarez
Keyword(s):  
Social Entrepreneurship ◽  
Social Impact ◽  
Evolutionary Process ◽  
Social Value ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
New Concepts ◽  
The Social ◽  
Theories Of Leadership ◽  
Indirect Action

The social entrepreneur has been analyzed from many perspectives, either from its social impact, its proposed social value, or its direct or indirect action. This chapter attempts to analyze the entrepreneur from a new approach: the perspective of the leader. Therefore, the question arises: is leadership in social entrepreneurs an evolutionary process or not? Is it a natural ability or a learned technique? Is the social entrepreneur a leader born or made? To answer this, [1] we will analyze the main contemporary theories of leadership from two different paradigms (Colvin, 2013), [2] we will define new concepts in the world of social entrepreneurship, [3] we will establish a life cycle of strategic leadership promoted by the social entrepreneur focused on his or her organization in order to serve as a seed for the intended social impact.

EDA CapitalConnect

2010 ◽  
pp. 225-249
Author(s):  
Daniel Brett ◽  
Nikias Stefanakis
Keyword(s):  
Social Enterprise ◽  
Information Dissemination ◽  
Social Enterprises ◽  
Microfinance Institutions ◽  
Start Up ◽  
The Social ◽  
Market Perceptions ◽  
Financial Transactions ◽  
Enterprise Community ◽  
Fine Tune

Since its inception in July 2008, EDA CapitalConnect (EDACC) has sought to address inefficiencies in the market for funding to social enterprises worldwide. To tackle these challenges, the company has developed an online platform that allows social enterprises and institutional funders to communicate with one another, initiate financial transactions, and analyze market trends. The platform seeks to increase deal flow and transparency in the social enterprise space by facilitating information dissemination and the exchange of funding offers between capital providers and seekers of all sizes. As the platform develops, the challenges of achieving financial sustainability and scale will require EDACC to continue to fine-tune its services to meet the evolving needs of the social enterprise community. EDACC’s experience in its nascency suggests that technology providers to microfinance institutions and social enterprises – particularly start up organizations – must pay close attention to the behavior of their target users, and modify their services based upon trends in usage and market perceptions.

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