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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

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…

Abstract

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

Book part
Publication date: 10 November 2016

Jacob Park

Many clean energy ventures, particularly those in the early stage and operating in the developing world, never get off the ground because traditional sources of capital like banks…

Abstract

Many clean energy ventures, particularly those in the early stage and operating in the developing world, never get off the ground because traditional sources of capital like banks tend to shy away from sectors that seem unfamiliar or too risky. As highlighted most recently in the COP21 Paris Climate Change summit in December 2015, there is a critical gap in market understanding of and limited scholarly research on the role clean energy entrepreneurship can play in addressing energy poverty and sustainable business model development in the developing world. To address these gaps, this chapter seeks to connect the theory and practice of clean energy entrepreneurship in sub-Saharan Africa. Three issues and questions will be explored in this chapter. First, what are the critical differences in terms of sustainability and entrepreneurship between industrialized OECD countries and emerging markets and developing countries? Second, what key issues and questions need to be addressed in order to design, build, and scale a clean energy entrepreneurial ecosystem in sub-Saharan Africa? Third, what is the future outlook for clean energy entrepreneurship in sub-Saharan Africa?

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Global Entrepreneurship: Past, Present & Future
Type: Book
ISBN: 978-1-78635-483-9

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Book part
Publication date: 27 September 2019

Jose Manuel Saiz-Alvarez

The goal of this work is to include the new economic-based approaches related to entrepreneurship that have been published in the literature. Based on the neoclassical and…

Abstract

The goal of this work is to include the new economic-based approaches related to entrepreneurship that have been published in the literature. Based on the neoclassical and Austrian schools, some sociological, psychological and economic theories about entrepreneurship. In this work, some unknown economic-based approaches related to entrepreneurship will be summarized, as they are included in the work of Saiz-Alvarez and García-Vaquero (2017). These approaches are: (1) The Jack-of-all-trades Theory, (2) The Mezzanine Theory, (3) The O-Ring Theory, (4) The Theory of Resources and Capabilities, (5) Entrepreneurial Bricolage, (6) The Processes’ School, (7) The Feedback Loop Theory, (8) The Theory of Effectuation, and (9) The Theory of the Optimal Triangle. All these theories will be summarized in this chapter.

Book part
Publication date: 30 October 2018

FR. Oswald A. J. Mascarenhas, S.J.

There is a rising interest in ethical, moral, and spiritual challenges and imperatives, accountabilities, and responsibilities in the corporation. Governance issues arise whenever…

Abstract

Executive Summary

There is a rising interest in ethical, moral, and spiritual challenges and imperatives, accountabilities, and responsibilities in the corporation. Governance issues arise whenever a corporate entity assumes a life of its own, and the ownership of an enterprise is separated from its management. How could owners ensure that “professional managers” hired and delegated to run their companies would run the venture to protect owners’ interests? What is and should be the moral quality of the corporation that CEOs govern? What types of corporate governance, ownership, and control modes and models should CEOs adopt such that they ensure long-term objectives of all stakeholders of the corporation? These ethical questions are central issues in the world of corporations today battled as they are with various pressures from governments, Wall Street analysts, credit ratings agencies, banks and promoters, private equity and hedge funds, and hostile takeovers. Such questions will always be crucial when fiduciary rights and duties attached to investment and ownership cannot be applied directly. This is the context of today’s corporate governance that this Epilogue to Volume I explores.

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Corporate Ethics for Turbulent Markets
Type: Book
ISBN: 978-1-78756-187-8

Book part
Publication date: 9 July 2010

Kamal Munir, Shahzad Ansari and Tricia Gregg

Recent studies in strategy have highlighted both the successes and failures of applying conventional perspectives in strategic management to developing markets. Within this…

Abstract

Recent studies in strategy have highlighted both the successes and failures of applying conventional perspectives in strategic management to developing markets. Within this debate, Bottom of the Pyramid (BoP) strategies, aimed at exploiting high-volume, low-margins strata at the bottom of these societies, have particularly drawn interest. We critically examine the emergence and evolution of BoP strategies and compare their anticipated outcomes to some of the empirical evidence. We then draw on the concept of global value chains to usefully extend the BoP concept, and suggest areas for further theory building and empirical research. We offer a typology of BoP ventures, and suggest appropriate levels of public–private engagement to achieve the desired social and economic outcomes.

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The Globalization of Strategy Research
Type: Book
ISBN: 978-1-84950-898-8

Book part
Publication date: 24 November 2021

Paulami Mitra, Jill R. Kickul and Colleen Robb

Extant literature on entrepreneurship highlights the importance of the entrepreneurs' social network in mobilizing resources for their ventures. Over the last few years…

Abstract

Extant literature on entrepreneurship highlights the importance of the entrepreneurs' social network in mobilizing resources for their ventures. Over the last few years, entrepreneurial crowdfunding opportunities have become a subject of growing research interest as it acts as a tool to mobilize financial resources. However, many of these studies are limited within the scope of new ventures, creative industries, and commercial entrepreneurship. In this study, we examine crowdfunding within the context of social entrepreneurship in order to gain a deeper understanding of the motivation and the characteristics of the pool of individuals that contribute to social entrepreneurial crowdfunding. Data for this study have been collected from four cases of social entrepreneurial crowdfunding campaigns. The campaigners, who raised the funds in France for social ventures based in India, shared their knowledge of 157 individuals that contributed to their crowdfunding campaign. The findings inform that crowdfunders mainly originate from the crowdfunding campaigner's helper network, such as family, friends, and colleagues. A small percentage were also acquaintances and strangers. This network of individuals was motivated to support the campaigner achieve her/his goal or was attracted to the social cause that triggered them in creating a social impact. Moreover, the crowdfunders were generally open-minded and well-traveled individuals accustomed to participating in social and voluntary activities. Our study reveals that some members of the helper network are likely to disappoint by not supporting the crowdfunding campaign, thus emphasizing a twist to the existing literature on entrepreneurship. This has practical implications that prompt social entrepreneurs to exercise their social capital, networking skills, and communication strategies to attract and expand their community of helpers in order to trigger individuals from both their helper network as well as individuals outside their current network toward crowdfunding.

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

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Book part
Publication date: 23 June 2022

Elizabeth Salamanca

Throughout centuries, Latin America has faced a paradox. On one hand, the abundance of resources has attracted immigrants who find a suitable place to undertake profitable…

Abstract

Throughout centuries, Latin America has faced a paradox. On one hand, the abundance of resources has attracted immigrants who find a suitable place to undertake profitable business ventures in the region. On the other hand, the limited entrepreneurial resources of most countries of the region have motivated the migration of talented people, among them entrepreneurs, to non-Latin American countries. This chapter explores this paradox through the analysis of entrepreneurs' motivations to immigrate to, and migrate from Latin America, the influence of their profile on their business ventures, as well as the role played by both the home and the host countries' institutional conditions. The findings of this analysis underline the diversity of migrant entrepreneurs in terms of personal resources and survival versus opportunity-driven migration decisions. They also reveal the kind of mechanisms migrant entrepreneurs use to counteract their host country's institutional challenges.

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The Emerald Handbook of Entrepreneurship in Latin America
Type: Book
ISBN: 978-1-80071-955-2

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Abstract

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The Catalyst Effect
Type: Book
ISBN: 978-1-78743-551-3

Book part
Publication date: 8 July 2021

Walter Fernando Balser, Steve Diasio and Taylor Kendal

This essay proposes the need to infuse open innovation (OI) and open source (OS) principles and technologies into schools as a means of tackling many of the most pervasive…

Abstract

This essay proposes the need to infuse open innovation (OI) and open source (OS) principles and technologies into schools as a means of tackling many of the most pervasive challenges in education, and by extension, society at large. It is argued that the principles of OI and OS, which are rooted in innovation management and software development, respectively, may be applied to the way we conceive of and approach organizational governance structures related to schooling, particularly in regard to harnessing innovation, updating management processes, and codifying new systems of trust. Whereas OI offers a novel approach to knowledge flow and the open exchange of ideas, communities rooted in OS principles breed tangible and generative effects through peer network democratization. These emergent, digitally defined networks have been proven to maximize innovation potential, expand collaboration, and enable the propagation of highly durable systems of trust and transparency, all catalytic and essential if we are to realize a future learning economy which favors equity, distributed systems, and common goods over profit, centralized decision-making, and proprietorship. It is within this framing that we articulate the core tenets of both OI and OS translationally as a means of stimulating thinking about how core principles of “openness” and the distributed technologies they enable may help to build common ground in an ever-evolving education and information ecosystem.

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Media, Technology and Education in a Post-Truth Society
Type: Book
ISBN: 978-1-80043-907-8

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