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1 – 10 of over 7000This chapter primarily aims to revisit and explore the theoretical underpinnings of social entrepreneurship and dwell into what unfolds while amalgamating the conventionally…
Abstract
This chapter primarily aims to revisit and explore the theoretical underpinnings of social entrepreneurship and dwell into what unfolds while amalgamating the conventionally considered to be dissimilar design of business entrepreneurship and the social impact? Can the prefix “social” of social entrepreneurship transform the innate characteristics of entrepreneurship? Is social entrepreneurship an essentiality in a ground-breaking playing field in the business research to facilitate new theories and concepts or a rehash of the corporate responsibility debate? Is it just an appellation or does the underscored social label and its construct allow for new possibility to be explored into the sociality of entrepreneurship along with the new-fangled entrepreneurialism in society? The chapter attempts to decode these more germane and interwoven issues like do we have to tell apart between a capitalist entrepreneurship and a non-capitalist one? Or between pioneering and replicative entrepreneurs. Can we sanctify the political in the social spheres and who (which actors) actually sets the discourse of social needs. The chapter also tracks multiple cases in the Indian locale to determine the robust application of the concept while unpacking the Indian context of social entrepreneurship. These cases are randomly selected from assorted sectors and are wide in its sweep and scope. These cases highlight on the lived experiences, where the task is truly played out. This adds to the sensibilities of new entrepreneurs and policy framers who face the challenges.
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Anuradha Basu and Meghna Virick
– The purpose of this paper is to examine the factors that influence the success of entrepreneurial ventures started by members of the Indian diaspora in Silicon Valley.
Abstract
Purpose
The purpose of this paper is to examine the factors that influence the success of entrepreneurial ventures started by members of the Indian diaspora in Silicon Valley.
Design/methodology/approach
It is based on survey data collected from Indian-born high-tech entrepreneurs living in Silicon Valley, and uses Bayesian estimation to test hypotheses aimed at understanding entrepreneurial growth. Specifically, the paper examines the linkages between prior startup experience, participation in diasporic networks, and new venture growth.
Findings
It finds that entrepreneurs with prior startup experience displayed more active participation in diasporic networks, and were more likely to have co-founders. Active network participation over a length of time was positively related to new venture growth. The findings contribute toward the understanding of the value of startup experience in leveraging social networks, and the relationship between diasporic network participation and entrepreneurship.
Research limitations/implications
As a cross-sectional study with a single data source, it is subject to concerns about causality and common method variance.
Practical implications
The results highlight the value of serial entrepreneurship and the potential benefits to immigrant entrepreneurs of participating in diasporic social networks, especially those with a global reach. They also suggest that investors would be better off investing in entrepreneurs who have greater startup experience and participate actively in diasporic networks.
Originality/value
The paper is based on a very unique sample of Indian-born immigrant high-tech entrepreneurs based in the Silicon Valley. It provides a deeper understanding of the role of diasporic social networks, and their relationship with prior startup experience and entrepreneurial success within that context.
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Amarjit Gill, Min Thu Maung and Reza H. Chowdhury
The purpose of this paper is to investigate the impact of social capital of non-resident family members on small business debt financing. Recent literature in entrepreneurship…
Abstract
Purpose
The purpose of this paper is to investigate the impact of social capital of non-resident family members on small business debt financing. Recent literature in entrepreneurship suggests that small businesses can borrow social capital to improve their access to debt financing.
Design/methodology/approach
Micro-entrepreneurs from India were interviewed regarding their ability to raise capital from family members as well as their relationship with banks and politicians.
Findings
The survey indicates that small business entrepreneurs are able to borrow social capital from non-resident Indians. Results also suggest that these small businesses are more likely to be connected to banks and politicians facilitated by their non-resident family members, which not only improves micro-entrepreneurs’ access to debt financing but also reduces their cost of borrowing.
Research limitations/implications
This is a co-relational study that investigates the association between social capital of non-resident family members and small business debt financing. There is not necessarily a causal relationship between the two. The findings of this study may only be generalized to firms similar to those that were included in this research.
Originality/value
This study contributes to the literature on the factors that improve the access to small business debt financing. The findings may be useful for financial managers, investors, financial management consultants, entrepreneurs, and other stakeholders.
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Merie Joseph Kannampuzha and Mari Suoranta
The paper aims to understand how resource constraints are addressed in the development of a marketing strategy by a social enterprise.
Abstract
Purpose
The paper aims to understand how resource constraints are addressed in the development of a marketing strategy by a social enterprise.
Design/methodology/approach
The authors have used an in-depth case study of collaboration between a Finnish university and an Indian social enterprise as the methodology for the research in which the data were collected over a period of two years. The data involve semi-structured interviews, field notes and student reports.
Findings
The authors propose bricolage as a method of marketing ingenuity in resource-constrained social enterprises. Network bricolage and entrepreneurship education bricolage were identified as two mechanisms adopted to address resource constraints in the early stage of the development of a social enterprise. Further studies need to be conducted to test the applicability of network bricolage among a variety of small and medium-sized enterprises and start-ups. Bricolage could be explored in more detail as an alternative to resource leveraging to understand the marketing activities of social businesses in their initial stages.
Research limitations/implications
Network bricolage is a type of bricolage in which an entrepreneur utilizes existing personal and professional networks as a resource at hand. Although networking and resource leveraging imply that the founders of an organization pursue resources from previously unknown people, network bricolage involves already known contacts of the entrepreneur.
Practical implications
Another type of bricolage that observed by the authors was entrepreneurship education bricolage. A combination of students, business mentors and university resources such as faculty members was utilized as an ingenuity mechanism to develop creative solutions for a shortage of marketing resources.
Originality/value
The theoretical framework of entrepreneurial bricolage is applied in the context of the marketing of a social enterprise.
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Paragi K. Shah and Bijal N. Mehta
Changing cultural dynamics, gender equality, education, and technology have contributed to women empowerment. Additionally, the use of Internet and social media platforms by…
Abstract
Changing cultural dynamics, gender equality, education, and technology have contributed to women empowerment. Additionally, the use of Internet and social media platforms by businesses at various stages in the business life cycle is on the rise. Despite this, women entrepreneurs in developing countries are less inclined than their male counterparts toward using online mediums for their businesses. Findings from personal interviews with 20 Indian women entrepreneurs indicate that Indian women are low on social self-efficacy when interacting through online platforms, especially for business purposes. The chapter discusses the reasons behind low social self-efficacy on online mediums and how this can be improved.
Jasmine Banu, Rupashree Baral and Vijayalakshmi V
The study aims to understand why women-owned microenterprises (WOMEs) in India experience a lower growth rate, where growth can be represented in increments in the venture’s size…
Abstract
Purpose
The study aims to understand why women-owned microenterprises (WOMEs) in India experience a lower growth rate, where growth can be represented in increments in the venture’s size or scope. There is no conclusive understanding of the factors that affect the sustained growth of WOMEs in India.
Design/methodology/approach
What personal, social and economic factors support or hinder the choice, growth and sustainability of women-owned ventures? What role do institutional factors (government, nongovernment organizations (NGOs), self-help groups and microfinance institutions) play toward the sustainability of WOMEs? The answers to these questions were obtained through a qualitative design by interviewing 30 micro women entrepreneurs from Tamil Nadu, a Southern state of India and one of the largest hubs for WOMEs and their responses were content analyzed using NVivo 12 software.
Findings
The findings capture and apply the fundamentals of two key theoretical perspectives, resource-based view (RBV) and self-determination theory (SDT), in identifying the links between the individual, social and economic factors and their combined effect on the sustained growth of women-owned micro businesses. The findings add value in identifying the ingrained cultural norms and traditions and several internal and external factors that support or challenge the growth of WOMEs. This study highlights that the interventions by the government need to be strengthened for the growth and sustainability of WOMEs.
Practical implications
The study’s findings provide suggestions to policymakers, banks, funding agencies, financial institutions and NGOs to design applicable policies and schemes toward the sustained growth of WOMEs.
Originality/value
This study contributes toward a better understanding of the trends in the context of WOMEs from an Indian context. This topic has received little attention in the academic literature. Second, the study’s conceptual contribution is an application of SDT and RBV to understand and categorize the enablers and deterrents in the path of growth of WOMEs, which is a novel pursuit.
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Kanwal Anil, Anil Misra and Ruchika Bal
The case projects how a women-led social enterprise provides livelihoods through a digitally operated unique micro-entrepreneurship model for the rural artisans of the Indian…
Abstract
Social implications
The case projects how a women-led social enterprise provides livelihoods through a digitally operated unique micro-entrepreneurship model for the rural artisans of the Indian handicrafts industry, thus bringing about social change through economic empowerment of the community.
Learning outcomes
To understand how women entrepreneurship is contributing towards livelihood generation and rural artisan empowerment in India. To understand the make-up of a for-profit social enterprise in the Indian Handicrafts Industry, its challenges and solutions through innovative business. To present the mindset and journey of a woman social entrepreneur. To present and understand the growth and scaling up of such unique social ventures. To understand a unique form of the micro entrepreneurship model being built through digital platforms.
Case overview/synopsis
The objective of writing this case is to bring out a case of women entrepreneurship in the craft-based industry in India. This case seeks to emphasise on the following learning themes in the area of entrepreneurship: Women entrepreneurship: trials and tribulations. Micro entrepreneurship/rural artisan empowerment. Livelihood generation and upliftment of the rural artisans and revival of dying art and crafts in the Indian craft-based industry. The novel ecommerce and data analytics experience being skilfully incorporated by small enterprises to their vantage and making both the seller’s as well as the buyer’s experience unique. The case highlights how the unique business models of social entrepreneurship through the use of technology bring the digital experience to rural India. Social entrepreneurship. The case narrates the story of a budding social entrepreneur Megha Das who is a textile designer by profession and showcases her journey towards the creation of unique digital platforms which transf
Complexity academic level
The case has been targeted to be taught in Masters level course in business management/administration, entrepreneurship, social entrepreneurship, development studies, gender studies, design, etc. Its watered-down version can also be taught in under graduate programs in commerce, business management, business administration, fashion and textile designing, entrepreneurship, development studies, gender studies, etc.
Supplementary materials
Teaching notes are available for educators only.
Subject code
CCS 3: Entrepreneurship.
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Preeti Tiwari, Anil K. Bhat and Jyoti Tikoria
The purpose of this paper is to identify the role of cognitive styles (CgStys) and self-efficacy (SEff) in the formation of social entrepreneurial intentions (SEIs) among the…
Abstract
Purpose
The purpose of this paper is to identify the role of cognitive styles (CgStys) and self-efficacy (SEff) in the formation of social entrepreneurial intentions (SEIs) among the students of a premier multi-campus technical university in India using the theory of planned behaviour as the research framework.
Design/methodology/approach
A 54-item questionnaire was responded by 550 students. The data were collected by employing a systematic random sampling method. In the total sample of the respondents, 67 per cent (n=368) were male and 33 per cent (n=182) were female and the average age of the respondents was 20 years. Structural equation modelling has been used for data analysis.
Findings
The results of the study support that the relationship between antecedents (CgStys and SEff) and SEIs was mediated by the attitude towards becoming a social entrepreneur, subjective norms and perceived behavioural control. Findings of this research study also suggest that students with high level of SEff are more inclined towards social entrepreneurial activities.
Research limitations/implications
The study was confined to the students from a technical university, and it may not give the generalized findings for students from the non-technical stream.
Practical implications
The finding of this research study will facilitate policy makers and educators for promoting social entrepreneurial activities at the university level. Based on the results and findings of the study, the educators may improve upon the support system to help and motivate students to opt social entrepreneurship as their career choice.
Originality/value
This is one of its kinds of research conducted in the Indian context. Findings of this research will be helpful in predicting how the intention process of Indian students is affected by their CgStys and SEff.
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Kumari Amrita, Chandra Prakash Garg and Saumya Singh
The contribution of women toward entrepreneurial activities has gained significant attention in recent years because of economic and social concerns, government support and…
Abstract
Purpose
The contribution of women toward entrepreneurial activities has gained significant attention in recent years because of economic and social concerns, government support and initiatives and increased education and awareness. Women’s entrepreneurial activity has increased and women-owned businesses can today be found in every sector of the economy, irrespective of region. In India, government bodies such as the Ministry of Micro, Small and Medium Enterprises (MSMEs) and several other organizations (private and NGOs) have adopted considerable measures to promote women entrepreneurship (WE). To improve WE, the critical factors of WE adoption need to be identified and evaluated. The purpose of this paper is to identify, prioritize and evaluate the critical success factors of WE adoption in Indian MSMEs.
Design/methodology/approach
This paper proposes a methodology based on fuzzy analytical hierarchal process to prioritize the critical success factors of WE adoption. A numerical analysis of Indian MSMEs is presented to demonstrate the use of the proposed method. This proposed method considered fuzzy framework, which can handle impreciseness and uncertainty. Sensitivity analysis is also performed to test the robustness of the proposed model.
Findings
Potential critical success factors are identified from relevant literature and validated by industry experts. This research finalize the critical success factors of WE adoption in Indian MSMEs under seven dimensions, so prioritization of identified critical success factors can be developed and insights relationship of factors would be explored. The results of the study found that individual, management and government dimensions take paramount importance while women aim to become entrepreneurs in Indian MSMEs.
Research limitations/implications
This study is limited to identifying evaluation factors; other factors have not been identified and categorized. Evaluation is one by experts in this area so it is natural that views of decision-makers may be subjective and vary with regard to industry-type, priorities, resources, etc.
Practical implications
This study will help industry to identify, evaluate and prioritize factors for successful implementation of women entrepreneurship. MSMEs could device these factors by applying the outcome of the study in their decisions with higher priority to implement women entrepreneurship culture.
Originality/value
Potential factors are identified from relevant literature and validated by industry experts. Indian MSMEs could device these factors by applying the outcome of the study in their decisions with higher priority to adopt women entrepreneurship.
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Kumari Amrita Tripathi and Saumya Singh
This paper aims to study the impediments and difficulties that prevent Indian women from becoming entrepreneurs.
Abstract
Purpose
This paper aims to study the impediments and difficulties that prevent Indian women from becoming entrepreneurs.
Design/methodology/approach
Data were obtained through a survey involving 15 experts. Based on the feedback provided by the experts, ten relevant barriers in the context of Indian micro small and medium enterprises (MSMEs) were chosen. A structured questionnaire was used to gather data. These ten barriers create obstruction for Indian women as entrepreneurs. These barriers were ranked, and causal relationships among them established using interpretive structural modeling and Matrice d’Impacts croises-multiplication appliqúean classment (cross-impact matrix multiplication applied to classification) (ISM–MICMAC) approach.
Findings
This study identifies, on the basis of extant literature and experts’ opinion, ten barriers to female entrepreneurship. These barriers were ranked, and causal relationships among them established using the ISM–MICMAC approach. On the basis of ranking, women can move forward in MSMEs after removing these obstacles and it will have good results.
Research limitations/implications
In this research, with literature reviews and experts opinion, ten barriers have been identified for women’s entrepreneurship and have been used to build the model.
Practical implications
To bring Indian women forward in the field of entrepreneurship, both the society and the government should work together, and efforts should be made to overcome the obstacles coming in the way of entrepreneurs.
Social implications
Female entrepreneurship in India faces many problems including negative attitude of authorities and society toward women. The society and authorities have no format or model for Indian women to move forward in the entrepreneurship sector.
Originality/value
This study seeks to identify, on the basis of a thorough review of literature and expert opinion, major barriers to female entrepreneurship in the context of Indian MSMEs.
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