Non-market Entrepreneurship

Non-market Entrepreneurship

Interdisciplinary Approaches

Edited by Gordon E. Shockley, Peter M. Frank and Roger R. Stough

As defined by the editors of this book, ‘non-market entrepreneurship’ consists of all forms of entrepreneurship not being undertaken solely for purposes of profit maximization or commercialization, and encompasses entrepreneurial activities such as social enterprise and entrepreneurship, public sector entrepreneurship, policy entrepreneurship, non-profit entrepreneurship, and philanthropic enterprise, among many others. The eminent cast of contributors gives coherence to the academic and public discussions on the topic, builds a theoretical edifice within the field of entrepreneurship and helps to establish and delineate the contours of the research field of non-market entrepreneurship.

Chapter 12: What Are Social Ventures? Toward a Theoretical Framework and Empirical Examination of Successful Social Ventures

Ronit Yitshaki, Miri Lerner and Moshe Sharir

Subjects: business and management, entrepreneurship, public management, social entrepreneurship, development studies, social entrepreneurship, politics and public policy, public administration and management, public policy, social entrepreneurship


Ronit Yitshaki, Miri Lerner and Moshe Sharir INTRODUCTION Most of the literature pertaining to social entrepreneurship draws on the business entrepreneurship literature. The main difference between entrepreneurs operating in the business sector versus those in the not-for-profit sector is that social contribution, in the sense of mission and service, becomes the main goal of social entrepreneurs and not profitability or financial gains. Social entrepreneurship is based on opportunity recognition of social needs and is associated with innovativeness, proactiveness and risk taking (Sullivan Mort et al., 2003). Yet, given their vulnerability, there has been relatively little research into the aspects that influence the long-term survivability of social ventures, especially during their early years. The current chapter tries to identify the factors that may explain long-term survivability of social ventures. These factors are examined at two levels: external and internal explanations for survival. To explain long-term survivability, the chapter suggests a theoretical framework drawing on a combination of five theoretical perspectives: resource-dependent, institutional, social capital, resource-based and human capital. We examine the factors contributing to survivability based on a large qualitative field-study of 33 social ventures that operated in various social arenas in Israel in 2000. A follow-up study conducted in 2005 revealed that 25 of these ventures had succeeded in surviving. 217 218 Only a semantic difference? LITERATURE REVIEW Social Entrepreneurship Social entrepreneurs are ‘People who realize where there is an opportunity to satisfy some unmet need that the state welfare system will not or cannot...

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