TY - JOUR AB - Purpose– By using three key factors – namely, funding, stakeholders, and legitimacy – this study seeks to analyse the successful entrepreneurial experiences of a non‐profit small to medium‐sized enterprise: the Taiwan EBook Supply Cooperative Limited (TEBSCo).Design/methodology/approach– The paper takes the form of a case study.Findings– From a legitimacy perspective, TEBSCo is the only registered organisation facilitating e‐book consortia in Taiwan. From a stakeholder perspective, TEBSCo is managed by a board of directors, who are elected from the member representatives. In addition to creating value for its members, TEBSCo also creates value for non‐members and vendors. Its major funding is from annual membership fees. TEBSCo's innovation process, as a collective entrepreneurial activity in a non‐profit SME, creates intangible as well as tangible value. The successful experiences of TEBSCo can be used as examples for new entrants.Originality/value– TEBSCo is the only registered organisation facilitating e‐book consortia in Taiwan. The successful experiences of TEBSCo can be used as examples for new entrants, and shows a new form of entrepreneurial activity. VL - 49 IS - 2 SN - 0025-1747 DO - 10.1108/00251741111109160 UR - https://doi.org/10.1108/00251741111109160 AU - Huarng Kun‐Huang AU - Hui‐Kuang Yu Tiffany ED - Domingo Ribeiro Soriano ED - Marta Peris‐Ortiz PY - 2011 Y1 - 2011/01/01 TI - Entrepreneurship, process innovation and value creation by a non‐profit SME T2 - Management Decision PB - Emerald Group Publishing Limited SP - 284 EP - 296 Y2 - 2024/05/09 ER -