Frontiers in European Entrepreneurship Research
Edited by Robert Blackburn, Frédéric Delmar, Alain Fayolle and Friederike Welter
Chapter 2: Social entrepreneuring: the case of Swedish philanthrocapitalism
Although the literature on social entrepreneurship has grown dramatically in recent years, concerns have been raised about the content and multiplicity of applications of this construct. The purpose of this chapter is to address the unique phenomena that characterize the notion of social entrepreneurship. The chapter highlights the ways in which extreme poverty in the world can be exterminated by using market-based methods called philanthrocapitalism and also illustrates the challenges of the self-help model of venture creation. Using a case study method, the chapter identifies a powerful social entrepreneurial presence closely directing ways of ending extreme poverty worldwide. The findings draw attention to the value of social entrepreneuring that has been triggered and stimulated by elements of imagination, alienable and inalienable resources, but also personal characteristics such as excitement and passion. Second, the chapter relates to the positioning of social entrepreneuring as a means of widening the theoretical understanding of entrepreneurial practices in the arena of the self-help movement. The neglect of personality, social and context-related analysis at the poverty level of society is an indisputable characteristic of the discipline of entrepreneurship studies. Despite the growing approval of the multidisciplinary background of the field, social-related entrepreneuring continues to be underemployed in entrepreneurship research (Shaw and Carter 2007). Several factors contribute to this state of affairs. The general tendency is for profit-oriented business ventures to constitute the primary target of entrepreneurship inquiry.
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