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Journal ArticleDOI

A New Approach to Social Entrepreneurship: A Systematic Review and Meta-Analysis

04 Mar 2021-Sustainability (Multidisciplinary Digital Publishing Institute)-Vol. 13, Iss: 5, pp 2754
TL;DR: In this article, a systematic review of scientific literature to determine the conceptual development of social entrepreneurship and to identify the most interesting research trends is presented, where the main lines of future research highlighted in the analysis include the measurement of social impact, venture philanthropy, and hybrid organizations.
Abstract: All social entrepreneurship experts state that the issue of definition is the main problem affecting research in this field. Although there is no single definition, this is clearly a new domain in the field of research on entrepreneurship. The main objective of this study is to further knowledge in this area by means of a systematic review of scientific literature to determine the conceptual development of social entrepreneurship and to identify the most interesting research trends. This study uses a research method, known as latent semantic analysis (LSA), which has been applied to a database of keywords collected from a rigorous selection of academic articles. The results show that this phenomenon has emerged from two parallel currents within the organization management field; on the one hand, the non-governmental organization (NGO) and voluntary tradition and, on the other, the world of business ethics and corporate social responsibility (CSR). The main lines of future research highlighted in the analysis include the measurement of social impact, venture philanthropy, and hybrid organizations.
Citations
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Journal ArticleDOI
TL;DR: In this article, the authors propose a new measurement method, incorporating, but simplifying, a complex range of variables, which can be crystallized into a set of items (questions) to determine businesses' commitment to entrepreneurship sustainability.
Abstract: After the UN’s adoption of 17 Sustainable Development Goals in 2015, it became clear that the relationship between sustainability and entrepreneurship was an area for re-examination. Traditional measures of entrepreneurial success rested largely on economic indicators; observatories like the Global Entrepreneurship Monitor (GEM) extended them, including cultural and social indicators. There is now a real need to measure and analyze the relationship between sustainable entrepreneurship and eco-innovation and drive positive economic activity outcomes, sustainable development, and social welfare. For GEM’s consideration, this paper proposes a reimagined tool by which to measure sustainable entrepreneurship and eco-innovation in businesses and assess their level of alignment with UN SDGs. Specifically, it presents a new measurement method, incorporating, but simplifying, a complex range of variables, which can be crystallized into a set of items (questions) to determine businesses’ commitment to entrepreneurship sustainability—social, economic, and environmental. The results can be cross-referenced with other relevant variables, and indicators proposed by the UN, to determine what causal or explanatory relationships might or might not exist. The proposal represents a valuable extension to existing data gathering tools, and will be of use to researchers and practitioners in the field of entrepreneurship—especially as its sustainability credentials and environmental impact are in the spotlight.

12 citations

Journal ArticleDOI
TL;DR: In this paper , a systematic literature review (SLR) with an in-depth analysis of 34 articles from Scopus-indexed and Web of Science databases journals was conducted to identify, analyzes and describes the difficulties and opportunities in the social innovation and social entrepreneurship literature.

10 citations

Journal ArticleDOI
TL;DR: In this article , a three-round Delphi process has been conducted by two panels of experts to identify the SDG indicators applicable to social enterprises as the main components of a threetier framework whose weighting factors were obtained by using the Best-Worst Method after circulating a questionnaire among 100 participants.
Abstract: Despite the efforts undertaken by the United Nations to engage all public and private actors towards the achievement of the 2030 Agenda, the contribution of traditional businesses has been proved to be insufficient so far. Social enterprises have thus emerged as an efficient alternative to meet social needs through entrepreneurial opportunities. However, the absence of specific tools to appraise the impact of social businesses on the fulfilment of the Sustainable Development Goals (SDGs) is a gap that this research aims to bridge by developing a novel rating system. A three-round Delphi process has been conducted by two panels of experts to identify the SDG indicators applicable to social enterprises as the main components of a three-tier framework whose weighting factors were obtained by using the Best-Worst Method after circulating a questionnaire among 100 participants. The new tool comprises a set of 28 indicators selected by the surveyed experts representing 12 SDGs, where the weight of social facet (65.3%) prevailed over those of other sustainability dimensions. The weighted sum of indicator values enables to assess the impact of enterprise activities on the SDGs. Mondragon Corporation, a leading Spanish cooperative worldwide, has been deemed as a case study for this new system.

10 citations

Journal ArticleDOI
TL;DR: In this article , a qualitative interview method was applied to collect the data for this study, and semi-structured interviews were conducted with the seventeen Georgian social entrepreneurs from May-June 2021.
Abstract: The attention to the phenomenon of social entrepreneurship has been especially enhanced during the current turbulent times, as social enterprises have a key role to play in solving social problems caused by the pandemic. Currently, social entrepreneurship is still an undeveloped area in Georgia, but it has the potential to contribute to the country’s economy and improve the social, ecological, and economic conditions of society. This paper analyses the concept in Georgia and explores social entrepreneurship from the social entrepreneurs’ perspective. A qualitative interview method was applied to collect the data for this study, and semi-structured interviews were conducted with the seventeen Georgian social entrepreneurs from May–June 2021. The research reveals the drivers of social entrepreneurs and investigates the financial sources of social enterprises. It also discusses the practice of social entrepreneurship in terms of preventing and supportive factors while adopting the concept in transition economies, particularly in Georgia. The research demonstrated an urgent need for legislation to regulate the field of social entrepreneurship and formalize it.

9 citations

Journal ArticleDOI
TL;DR: In this article, the authors explore underlying premises and discourses in policy implementation aimed at creating social innovations in a comparison between two ideal types on social sustainability: an individual activation strategy (responsibilization of the individual) and a societal equilibrium strategy (balancing social values).
Abstract: Social innovations and social enterprise have been seen as innovative measures to achieve sustainable development. Drawing on an evaluation of a development project on creating social enterprises in Sweden, this article analyzes social innovations as a policy area. The policy area is often described as loaded with ideological contradictions. The aim of the article is to explore underlying premises and discourses in policy implementation aimed at creating social innovations in a comparison between two ideal types on social sustainability—(1) an individual activation strategy (responsibilization of the individual) and (2) a societal equilibrium strategy (balancing social values). The research question is inspired by Carol Bacchi’s policy theory and asks what is the problem represented to be? The analysis is carried out at the micro-level as a context-sensitive approach to explore articulations made among actors creating the policy and entrepreneurs participating in a locally organized project. The article contribute with a better understanding of how societal problems and their solutions are discursively determined, with implications for policy makers and project managers active in this policy area. The analysis and findings indicate a significant policy shift during the implementation process. Initially, the policy idea consisted of well-considered ambitions to create a long-term sustainable development. During the implementation of the project, the problem’s representation changes gradually in the direction towards individual activation. This transition is driven by pragmatic difficulties of defining the policy area, problems of separating means from ends, and the need to make decisions based on a limited range of information. We conclude by emphasizing the need for reflection on how the social dimension is defined when implementing social innovation strategies. Furthermore, there is a lack of studies of how this policy area can be linked to policies for social sustainability.

9 citations

References
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Book
01 Jan 1984
TL;DR: The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive as mentioned in this paper.
Abstract: Part I. The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Stakeholder management: framework and philosophy Part II. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies Part III. Implications for Theory and Practice: 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive.

17,404 citations

Posted Content
TL;DR: The extent to which the process of systematic review can be applied to the management field in order to produce a reliable knowledge stock and enhanced practice by developing context-sensitive research is evaluated.
Abstract: Undertaking a review of the literature is an important part of any research project. The researcher both maps and assesses the relevant intellectual territory in order to specify a research question which will further develop the knowledge base. However, traditional 'narrative' reviews frequently lack thoroughness, and in many cases are not undertaken as genuine pieces of investigatory science. Consequently they can lack a means for making sense of what the collection of studies is saying. These reviews can be biased by the researcher and often lack rigour. Furthermore, the use of reviews of the available evidence to provide insights and guidance for intervention into operational needs of practitioners and policymakers has largely been of secondary importance. For practitioners, making sense of a mass of often-contradictory evidence has become progressively harder. The quality of evidence underpinning decision-making and action has been questioned, for inadequate or incomplete evidence seriously impedes policy formulation and implementation. In exploring ways in which evidence-informed management reviews might be achieved, the authors evaluate the process of systematic review used in the medical sciences. Over the last fifteen years, medical science has attempted to improve the review process by synthesizing research in a systematic, transparent, and reproducible manner with the twin aims of enhancing the knowledge base and informing policymaking and practice. This paper evaluates the extent to which the process of systematic review can be applied to the management field in order to produce a reliable knowledge stock and enhanced practice by developing context-sensitive research. The paper highlights the challenges in developing an appropriate methodology.

7,368 citations

Journal ArticleDOI
TL;DR: In this article, the authors evaluate the process of systematic review used in the medical sciences to produce a reliable knowledge stock and enhanced practice by developing context-sensitive research and highlight the challenges in developing an appropriate methodology.
Abstract: Undertaking a review of the literature is an important part of any research project. The researcher both maps and assesses the relevant intellectual territory in order to specify a research question which will further develop the knowledge hase. However, traditional 'narrative' reviews frequently lack thoroughness, and in many cases are not undertaken as genuine pieces of investigatory science. Consequently they can lack a means for making sense of what the collection of studies is saying. These reviews can he hiased by the researcher and often lack rigour. Furthermore, the use of reviews of the available evidence to provide insights and guidance for intervention into operational needs of practitioners and policymakers has largely been of secondary importance. For practitioners, making sense of a mass of often-contrad ictory evidence has hecome progressively harder. The quality of evidence underpinning decision-making and action has heen questioned, for inadequate or incomplete evidence seriously impedes policy formulation and implementation. In exploring ways in which evidence-informed management reviews might be achieved, the authors evaluate the process of systematic review used in the medical sciences. Over the last fifteen years, medical science has attempted to improve the review process hy synthesizing research in a systematic, transparent, and reproducihie manner with the twin aims of enhancing the knowledge hase and informing policymaking and practice. This paper evaluates the extent to which the process of systematic review can be applied to the management field in order to produce a reliable knowledge stock and enhanced practice by developing context-sensitive research. The paper highlights the challenges in developing an appropriate methodology.

7,020 citations

Book
01 Jan 1996
TL;DR: The Balanced Scorecard approach retains traditional financial measures which reflect past organizational acheivements, but adds three new measures of future performance found necessary in this information age with its focus on customer relationships and long-term capabilities: customer, internal business process and learning and growth.
Abstract: The rapid evolution of the Balanced Scorecard into a strategic managment system is reported on in this book. The Balanced Scorecard approach retains traditional financial measures which reflect past organizational acheivements, but adds three new measures of future performance found necessary in this information age with its focus on customer relationships and long-term capabilities: customer, internal business process, and learning and growth. With these four perspectives providing the framework for the Balanced Scorecard, organizations can now measure how they create value for customers, how they can enhance internal competencies, and how they must invest in people, systems and procedures to improve future performance. According to the authors, the Balanced Scorecard has evolved from an improved measurement system to a core management system. For the first time there is a systematic process to implement and obtain feedback about strategy. This is an excellent introduction to new management styles.

6,935 citations

Journal ArticleDOI
TL;DR: In this article, historical evidence from ancient Rome, early China, and the Middle Ages and Renaissance in Europe is used to investigate the hypotheses that, while the total supply of entrepreneurs varies among societies, the productive contribution of the society's entrepreneurial activities varies much more because of their allocation between productive activities and largely unproductive activities such as rent seeking or organized crime.

4,571 citations

Trending Questions (1)
WHAT ARE the research problem in social entrepreneurship? Briefly?

The research problem in social entrepreneurship is the lack of a single definition, which hinders research in this field.