Modelling Social Entrepreneurship: Consideration of the Reacting Forces

Richard J. Arend

Journal of Social Entrepreneurship, 2021, vol. 12, issue 3, 399-416

Abstract: The field of social entrepreneurship has taken off with the explosive growth of different versions of the phenomena, like micro-credit, and with greater support, as from Ashoka and the Gates Foundation, but it remains lagging in theoretical understanding. We build upon the model of social entrepreneurship as a four unit system. We generate four new propositions based on existing theory describing social entrepreneurship as addressing market failures and as a behavioural process. Specifically, our propositions summarise our analysis of how the context and targets of social entrepreneurship activity co-evolve in the system, actively affecting outcomes initiated by social entrepreneurs’ behaviours.

Date: 2021
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DOI: 10.1080/19420676.2020.1718744

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