Language:

Business models for people, planet (& profits): exploring the phenomena of social business, a market-based approach to social value creation

Small business economics, 2013-04, Vol.40 (3), p.715-737 [Peer Reviewed Journal]

2013 Springer Science+Business Media New York ;Springer Science+Business Media, LLC. 2011 ;Springer Science+Business Media New York 2013 ;ISSN: 0921-898X ;EISSN: 1573-0913 ;DOI: 10.1007/s11187-011-9401-0

Full text available

Citations Cited by

Actions
1. Add to My Research
2. Remove from My Research
3. E-mail
4. Print
5. Permalink
6. Citation
7. EasyBib
8. EndNote
9. RefWorks
10. Delicious
11. Export RIS
12. Export BibTeX

Title:
Business models for people, planet (& profits): exploring the phenomena of social business, a market-based approach to social value creation
Author: Wilson, Fiona ; Post, James E.
Subjects: Business and Management ; Business economics ; Business models ; Business structures ; Capital investments ; Corporations ; Cultural customs ; Design ; Economic value ; Enterprises ; Entrepreneurs ; Entrepreneurship ; Industrial Organization ; Innovations ; Management ; Microeconomics ; Non-profit organizations ; Nonprofit organizations ; Profit ; Profits ; Social change ; Social enterprises ; Social entrepreneurship ; Social life & customs ; Social responsibility ; Social values ; Stakeholder ; Stakeholders ; Studies ; Value creation
Is Part Of: Small business economics, 2013-04, Vol.40 (3), p.715-737
Description: This article explores the hybrid phenomenon of social business, that is, both a form of organization and a practice that deliberately harnesses market dynamics to address deeply rooted social issues through the design and implementation of a core product or service. This new form of hybrid venture melds the social purpose traditionally associated with non-profit organizations with the economic purpose and market-based methods traditionally associated with for-profit firms. This exploratory research inductively explores the process by which social businesses are designed. The result suggests that clear intentionality around social purpose drives the design of these ventures and their associated missions and business models such that they can creatively synthesize competing paradigms (economic and social purpose) within one venture. The tight coupling of mission, method, and operationalization allows for the multistakeholder promise of the business model to be fulfilled.
Publisher: Boston: Springer
Language: English
Identifier: ISSN: 0921-898X
EISSN: 1573-0913
DOI: 10.1007/s11187-011-9401-0
Source: Alma/SFX Local Collection
ProQuest Central

Back to results list


INSPIRE LIBRARY - TON DUC THANG UNIVERSITY	(84-028) 37 755 057	Feedback
19 Nguyen Huu Tho St. Dist.7, HCM	thuvien@tdtu.edu.vn	Feedback

Business models for people, planet (& profits): exploring the phenomena of social business, a market-based approach to social value creation

2013 Springer Science+Business Media New York ;Springer Science+Business Media, LLC. 2011 ;Springer Science+Business Media New York 2013 ;ISSN: 0921-898X ;EISSN: 1573-0913 ;DOI: 10.1007/s11187-011-9401-0

Searching Remote Databases, Please Wait