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Book part
Publication date: 22 July 2011

Lisa K. Gundry, Jill R. Kickul, Mark D. Griffiths and Sophie C. Bacq

Social entrepreneurship is primarily concerned with the development of innovative solutions to society's most challenging problems. Since social entrepreneurship flourishes in…

Abstract

Social entrepreneurship is primarily concerned with the development of innovative solutions to society's most challenging problems. Since social entrepreneurship flourishes in resource-constrained environments, social innovation may depend on the extent to which social entrepreneurs can combine and apply the resources at hand in creative and useful ways to solve problems – “bricolage.” Moreover, innovating for social impact relies on a set of institutional and structural supports – “innovation ecology,' which can facilitate or impede innovation. Our research empirically examines these variables as drivers of systemic social change through scaling and replication – “catalytic innovation” (i.e., the development of products and services targeted to unserved markets). Results of a survey conducted with 113 social entrepreneurs indicate that, while innovation ecology is associated with the degree of catalytic innovation, it is mediated by the role and degree of bricolage that social entrepreneurs bring to solving problems. These findings reinforce the role of entrepreneurs as the indispensable agents of social change.

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Social and Sustainable Entrepreneurship
Type: Book
ISBN: 978-1-78052-073-5

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Book part
Publication date: 22 July 2011

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Social and Sustainable Entrepreneurship
Type: Book
ISBN: 978-1-78052-073-5

Book part
Publication date: 22 July 2011

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Social and Sustainable Entrepreneurship
Type: Book
ISBN: 978-1-78052-073-5

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Book part
Publication date: 24 November 2021

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Social Entrepreneurship
Type: Book
ISBN: 978-1-80043-790-6

Book part
Publication date: 12 January 2021

G. T. Lumpkin and Robert J. Pidduck

Entrepreneurial orientation (EO) has emerged as a core concept in the field of entrepreneurship. Yet, there continue to be questions about the nature of EO and how best to…

Abstract

Entrepreneurial orientation (EO) has emerged as a core concept in the field of entrepreneurship. Yet, there continue to be questions about the nature of EO and how best to conceptualize and measure it. This chapter makes the case that EO has grown beyond its roots as a firm-level unidimensional strategy construct and that a new multidimensional version of EO is needed to capture the diverse manifestations and venues for entrepreneurial activity that are now evident around the world – global entrepreneurial orientation (GEO). Building on the five-dimension multidimensional view of EO set forth when Lumpkin and Dess (1996) extended the work of Miller (1983) and Covin and Slevin (1989, 1991), the chapter offers an updated definition of EO and a fresh interpretation of why EO matters theoretically. Despite earnest efforts to reconcile the different approaches to EO, in order to move the study of EO and the theoretical conversation about it forward, we maintain that as a group of scholars and a field, we need to acknowledge that two different versions of EO have emerged. Given that, we consider original approaches to measuring EO, evaluate formative measurement models, consider multiple levels of analysis, call for renewed attention to EO configurations, and discuss whether there is a theory of EO.

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Entrepreneurial Orientation: Epistemological, Theoretical, and Empirical Perspectives
Type: Book
ISBN: 978-1-83867-572-1

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Book part
Publication date: 24 March 2021

Jason Spicer and Christa R. Lee-Chuvala

Alternative enterprises – organizations that operate as a business while still also being driven by a social purpose – are sometimes owned by workers or other stakeholders, rather…

Abstract

Alternative enterprises – organizations that operate as a business while still also being driven by a social purpose – are sometimes owned by workers or other stakeholders, rather than shareholders. What role does ownership play in enabling alternative enterprises to prioritize substantively rational organizational values, like environmental sustainability and social equity, over instrumentally rational ones, like profit maximization? We situate this question at the intersection of research on: (1) stakeholder governance and mission drift in both hybrid and collectivist-democratic organizations; and (2) varieties of ownership of enterprise. Though these literatures suggest that ownership affects the ability of alternative enterprises to maintain their social missions, the precise nature of this relationship remains under-theorized. Using the case of a global, social, and environmental values-based banking network, we suggest that alternative ownership is likely a necessary, but not sufficient, condition to combat mission drift in enterprises that have a legal owner. A supermajority of this network’s banks deploy alternative ownership structures; those operating with these structures are disproportionately associated with social movements, which imprint their values onto the banks. We show how alternative ownership acts through specific mechanisms to sustain enterprises’ missions, and we also trace how many of these mechanisms are endogenous to alternative ownership models. Finally, we find that ownership models vary in how well they enable the expression and maintenance of these social values. A ladder of mission-sustaining ownership models exists, whereby the dominance of substantive, non-instrumental values over operations and investment becomes increasingly robust as one moves up the rungs from mission-driven investor ownership to special shareholder and member-ownership models.

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Organizational Imaginaries: Tempering Capitalism and Tending to Communities through Cooperatives and Collectivist Democracy
Type: Book
ISBN: 978-1-83867-989-7

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Book part
Publication date: 22 July 2011

G.T. Lumpkin and Jerome A. Katz

From its earliest incarnations, entrepreneurship has been linked to innovation, and often innovations with a societal or social impact. Although classical economists discussed the…

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From its earliest incarnations, entrepreneurship has been linked to innovation, and often innovations with a societal or social impact. Although classical economists discussed the role entrepreneurs play in handling risk in an economy (Hébert & Link, 2009), perhaps the greater risks have been the social impacts which entrepreneurship brought to societies (Drucker, 1985). The power of mercantile economies like the Phoenician or two thousand years later the British came as much from the new ideas and processes they introduced to the societies of trading partners as from the goods traded.

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Social and Sustainable Entrepreneurship
Type: Book
ISBN: 978-1-78052-073-5

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