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Social Venture Scaling in Distressed Communities

Social Entrepreneurship

ISBN: 978-1-80043-791-3, eISBN: 978-1-80043-790-6

ISSN: 2514-1759

Publication date: 24 November 2021

Abstract

The root of urban poverty and inequality often results from limited economic opportunity. Yet, often this perception of lack of opportunity is centered on the early stages of new venture formation, with only limited attention to venture growth and expansion. In this study, we explore the intersection of social venturing and community economic redevelopment to address this gap in the literature. We examine how venturing under conditions of limited economic opportunities occurs not just at the formation stages but also throughout the venturing life cycle. Specifically, we examine how ventures formed in distressed, urban neighborhoods face unique challenges when scaling up their operations. These challenges relate to securing and leveraging four types of capital: financial, physical, human, and social. We employ a case study methodology to examine these scaling challenges and the strategies the organization employed to overcome location disadvantages.

Keywords

Citation

Gianiodis, P.T., Muhammad, M. and Chen, W. (2021), "Social Venture Scaling in Distressed Communities", Wasieleski, D.M. and Weber, J. (Ed.) Social Entrepreneurship (Business and Society 360, Vol. 5), Emerald Publishing Limited, Bingley, pp. 33-52. https://doi.org/10.1108/S2514-175920220000005002

Publisher

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Emerald Publishing Limited

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