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By applying stewardship theory and threshold theory, we derive three criteria that founders of social business ventures use to set performance thresholds towards exit: 1) the desired social impact ...

Several studies have recently investigated the peculiar challenges faced by ventures that place a social value at the core of their business logic while at the same time building an economically vi...

In this interview, Nobel Laureate Muhammad Yunus outlines the role of social business education and its potential in teaching the next generation of social innovation leaders. Our questions and his...

More and more universities are now delivering courses and programs to develop social awareness, but the literature on the effectiveness of these courses is currently very limited. With the introduction of “social entrepreneurship” as a new discipline within the wider ethics and social education banner, this pedagogic study explores the effectiveness of social business plan teaching in inducing social and civic awareness and intentionality among business school students. This is compared with the case study approach that is traditionally used within the classroom environment. Our study found that both approaches can be successful in raising awareness and improving the attitudes of participating students, increasing the probability that they will support socially oriented initiatives immediately or in the future. Interestingly, many students who participated in SBP teaching develop a local awareness of social and civic matters, while many of those who participated in case study learning develop a wider national and international perspective. In addition, it is found that many of those who participated in SBP development develop a deeper managerial and technical understanding of managing organizations within the social economy.

In this paper, corporate entrepreneurship research is extended to the concept of social business or social corporate entrepreneurship. A model is proposed and a new instrument is suggested for meas...

This study contributes to a better understanding of how social business hybrids get implemented in an international context. Specifically, it investigates the variation in business model configurations of social business hybrids based on two of their major international dimensions- the international experience of founders, and the location of business clients. For this purpose, this study employs qualitative case study and analyzes interview data from field research on impact sourcing service providers. Four major business model configurations are identified- professional (social mission-driven, differentiated), socially responsible (business opportunity-driven, differentiated), developmental (social mission- driven, integrated) and opportunistic (business opportunity-driven, integrated). This study intends to contribute towards the growing field of globalizing social businesses.

Nonetheless, technology contributes to an increase in life expectancy, further aggravating the problem of government budgets. These issues fostered the creation of corporate trends, whose activitie...

The purpose of this article is to identify, organize and analyze worldwide scientific production on social businesses (SB). It presents the results of a bibliometric study combined with a systemati...

As more and more hybrid businesses enter mainstream markets with the aim of attaining social or environmental goals while employing a financially sustainable business model, the question arises of ...

Social business ventures seeking investments have to approach a multitude of sources such as crowdfunding, grants and fellowships, venture philanthropy and so on. Business plan competitions have be...

We extend the theoretical notion of legitimacy threshold, the notion that new ventures need to pass a minimum levels of legitimacy, to social business ventures. Through a multiple case study design...

The symposium looks at social businesses, and suggests that the same issues that present an additional challenge to manage can be turned into positive contributions for the performance of these org...

Studies regarding entrepreneurial activities that deliver active value creation beyond pure financial goals (i.e., also including a social and/or ecological bottom line) face abundant terms and definitions, often with little common ground or theoretical foundation. The present paper seeks to remedy this problem by delivering an empirically grounded framework of constituents and characteristics of hybrid entrepreneurship based on 18 case studies. We employ a problem-oriented grounded theory method to clear the field of redundancies and misunderstandings and deliver empirical insights that provide practitioners and researchers with a long-due framework for analysis. Moreover, we move beyond merely defining hybrid business entrepreneurship by instead carving out typical unifying characteristics from in-depth observation that allow for further theoretical consolidation.

Social businesses increasingly use franchising to scale their operations. Social businesses combine the social mission of non-profit-organizations with financial self-sustainability of businesses. ...

In the last ten years, organizations that pursue social missions through business ventures have spread across industries from health care to financial services to retail and beyond. Research on the...

Muhammad Yunus, the Nobel Laureate who pioneered microfinance and founded the Grameen Bank in Bangladesh, insists that his model of “social business” outlines an innovative way of achieving social ...

Recent literature shows that the wealth maximization goal of corporation finance may not be optimal from a social point of view. Research of the last decade suggests use of multiple goals in the th...