Social Innovation and Sustainable Entrepreneurship
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Social Innovation and Sustainable Entrepreneurship

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

The rapid and formative rise in research on social innovation and entrepreneurship means that theoretical frameworks are still being created, while traditional notions of economic efficiency and social welfare are tested. The field is progressing fastest in the measurement and measuring of social entrepreneurial effectiveness. Social innovators, who draw from philanthropy, as well as capital markets, for financial resources, have adopted the lean start up as a paradigm for their organization logics.
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Chapter 2: The entrepreneurial journey of Geely’s founder: from institutional voids to opportunity discovery

Michael Zhang


Certain groups of entrepreneurs from transition or emerging economies regard institutional voids as market opportunities and they explore and exploit these opportunities to start new ventures and compete with more powerful incumbents. Sustainability-oriented opportunities offer the same market opportunities for those entrepreneurs to discover and create opportunities. In this chapter I take the issue of sustainable mobility as an example to contribute to the research on sustainability and entrepreneurship. Sustainable mobility emerges from complex systems with no clear revelation of causality. I will use Geely and its founder entrepreneur Li Shufu as a case in an attempt to shed light on our discussion of the research nexus of sustainability and entrepreneurship.

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