Understanding success factors of Class B enterprises in Chile: a pioneering study on socially and environmentally responsible entrepreneurship

F. Fernando Yanine, L. Lionel Valenzuela, Z. Zocimo Campos, A. Amir Hasnaoui, V. Virginie Hachard and M. Chemangui ()
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M. Chemangui: Audencia Business School

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Abstract: Innovative entrepreneurship drives economic and societal progress by introducing novel products, services, and business models. Class B enterprises stand out for harmonising profitability with exceptional social and environmental performance, yet their success factors remain underexplored. This study examines the success factors of Class B enterprises in Chile across five strategic dimensions. Using a descriptive and empirical approach, in-depth surveys were conducted with 34 of the 74 registered Class B companies in Chile. Statistical analysis revealed critical success factors shaping their performance, including the entrepreneurial ecosystem, access to clients, education quality, and support networks. Notably, 81% of entrepreneurs highlighted the ecosystem as pivotal. These findings provide valuable insights into the operational dynamics of Class B enterprises, underscoring the importance of external influences. This pioneering study enriches the literature by offering a comprehensive analysis of success factors in socially and environmentally responsible entrepreneurship in Chile and Latin America.

Keywords: Chile.; community-based sustainability; success factors; entrepreneurial ecosystems; innovation; social entrepreneurship; Class B enterprises (search for similar items in EconPapers)
Date: 2026-05
Note: View the original document on HAL open archive server: https://hal.science/hal-05148524v3
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Published in International Journal of Entrepreneurship and Small Business, 2026, 58 (2), pp.153-186. ⟨10.1504/IJESB.2026.10069485⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05148524

DOI: 10.1504/IJESB.2026.10069485

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