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Michael H. Morris, Susana C. Santos and Xaver Neumeyer

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Maritza I. Espina, Phillip H. Phan and Gideon D. Markman

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Cyril F. Chang, Howard P. Tuckman and Grace L. Chikoto-Schultz

Using a select set of literature, this chapter reviews the progress in the line of research focusing on nonprofit income diversity and issues of financial health. General consensus exists on the diversity of revenue dependence across nonprofit fields, revealing heavy dependence on commercial revenue by some, on private contributions by others and diversified sources by others. We also address recent developments in theory building and testing that help explain these patterns. Although the literature on revenue diversification reveal mixed results, the general pattern shows a positive association between diversification and financial stability. However, close attention to the composition of an income portfolio is needed. Conversely, revenue concentration is generally associated with financial growth, albeit tempered by an increasing recognition of the limits of persistently concentrated revenue portfolios. We conclude by addressing the merits and gaps in current research, including the quality of current data, its access, scope and specificity.

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Edited by Bruce A. Seaman and Dennis R. Young

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Edited by Bruce A. Seaman and Dennis R. Young

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James D. Hart

Whether engaging investors, one’s team, board, customers or audience, effective communication is critical. These exercises aid entrepreneurs in developing communication skills and teach students how to inspire others and craft memorable and impactful stories. Students also learn about the power of stillness and finding one’s voice.

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Chris Steyaert and Pascal Dey

In the opening chapter, we explain the importance of engaging critically with social entrepreneurship. We underline the need to make an incisive assessment of social entrepreneurship through the way we (still) publish, critique and imagine books in this field. To all those who want to embark on the path of social entrepreneurship, or are simply curious to hear more about the buzz surrounding social entrepreneurship, we say be aware: we need critique, and we need it now! The affirmative critiques we offer to social entrepreneurship are not based on a priori judgements of social entrepreneurship performed from afar, but are intimately related to specific, phenomenological events and observations. Furthermore, we recapitulate how this book draws upon and intervenes in the critical reception of social entrepreneurship. The chapter ends with an overview of the various chapters and the various critical perspectives and themes they draw on and address.

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Laura J. Spence, Jedrzej George Frynas, Judy N. Muthuri and Jyoti Navare

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Edited by Laura J. Spence, Jedrzej G. Frynas, Judy N. Muthuri and Jyoti Navare