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Yuko Aoyama and Balaji Parthasarathy

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Edited by Dennis R. Young, Elizabeth A.M. Searing and Cassady V. Brewer

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Dennis R. Young and Cassady V. Brewer

Social enterprise is a broad and diverse set of phenomena that has emerged in recent decades to address a variety of social issues and problems not sufficiently addressed by traditional governmental, nonprofit or private sector solutions. As such it can be initially understood by extending market failure theory past its current three-sector focus of market, government and voluntary failure into the remaining areas of social concern not sufficiently well served by the three traditional sectors. However, social enterprise does not easily fit the “sector” model; indeed its diversity and complexity require a more embracing conceptual frame of reference. Hence we employ the metaphor of the social enterprise zoo to help define the boundaries and composition of social enterprise. Using this perspective, this book examines the concepts and content of the social enterprise zoo, how the zoo functions as an interactive collection of diverse animals in various habitats, how the zoo is managed and governed by its curators and zookeepers, and how we can assess the performance of the social enterprise zoo in terms of innovation, economic resilience, and overall social impact.
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Edited by Dennis R. Young, Elizabeth A.M. Searing and Cassady V. Brewer

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Edited by Dennis R. Young, Elizabeth A.M. Searing and Cassady V. Brewer

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Alain Fayolle, Sarah L. Jack, Wadid Lamine and Didier Chabaud

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Edited by Alain Fayolle, Sarah L. Jack, Wadid Lamine and Didier Chabaud

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Tammi C. Redd, Michael A. Abebe and Sibin Wu

While there is a general understanding of the important role social networks play in entrepreneurship, whether and why entrepreneurs’ social network composition systematically varies across stages of the new venture formation has not been adequately examined. The purpose of this study is to empirically examine whether and why entrepreneurs’ social network composition varies across the three stages of new venture formation. Specifically, we proposed that the number of entrepreneurs’ strong and weak ties significantly differs across the opportunity identification, organizing and stability/growth stages of new venture formation. We tested our predictions using a sample collected from 592 prospective and nascent US entrepreneurs who are involved in various new venture formation stages. The results of our analysis indicate that, while the number of strong ties remains stable over the entrepreneurial stages, there was a statistically significant difference in the number of weak ties across the three entrepreneurial stages. Specifically, our follow-up analysis reveals that the number of weak ties at the opportunity identification stage is substantially lower than that at the organizing and stability/growth stages. Overall, the findings enhance our understanding of the role social network composition plays in various stages of new venture formation. Implications and future research directions are discussed.
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Edited by Alain Fayolle, Sarah L. Jack, Wadid Lamine and Didier Chabaud

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Edited by Alain Fayolle, Sarah L. Jack, Wadid Lamine and Didier Chabaud