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Social or Commercial? Innovation Strategies in Social Enterprises at Times of Turbulence

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  • Ramus, Tommaso
  • La Cara, Barbara
  • Vaccaro, Antonino
  • Brusoni, Stefano

Abstract

In this study, we investigate how different internal and external stakeholders influence the innovation strategy of a social enterprise to adopt product, process, and partnership innovations that impact either social or commercial performance. Relying on survey data from a sample of work integration social enterprises, we find that in situations of turbulence, administrative leaders do not significantly influence the innovation strategy of a social enterprise. Instead, board members and external stakeholders seem to play a role. Our study contributes to strategic and business ethics research on social enterprises and, more broadly, to the literature that explores how business organizations combine social value creation and wealth generation.

Suggested Citation

  • Ramus, Tommaso & La Cara, Barbara & Vaccaro, Antonino & Brusoni, Stefano, 2018. "Social or Commercial? Innovation Strategies in Social Enterprises at Times of Turbulence," Business Ethics Quarterly, Cambridge University Press, vol. 28(4), pages 463-492, October.
    • Handle: RePEc:cup:buetqu:v:28:y:2018:i:04:p:463-492_00
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    Cited by:

    1. Chandra, Yanto & Shang, Liang & Mair, Johanna, 2021. "Drivers of success in social innovation: Insights into competition in open social innovation contests," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    2. Steven A. Brieger & Siri A. Terjesen & Diana M. Hechavarría & Christian Welzel, 2019. "Prosociality in Business: A Human Empowerment Framework," Journal of Business Ethics, Springer, vol. 159(2), pages 361-380, October.
    3. Isaline Thirion & Patrick Reichert & Virginie Xhauflair & Jonathan Jonck, 2022. "From Fiduciary Duty to Impact Fidelity: Managerial Compensation in Impact Investing," Journal of Business Ethics, Springer, vol. 179(4), pages 991-1010, September.
    4. Gupta, Parul & Chauhan, Sumedha & Paul, Justin & Jaiswal, M.P., 2020. "Social entrepreneurship research: A review and future research agenda," Journal of Business Research, Elsevier, vol. 113(C), pages 209-229.
    5. Kun Zhang, 2024. "Social Entrepreneurs, Market Dynamics, and Social Enterprise Innovation: An Empirical Study Based on the Global Entrepreneurship Monitor," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 8815-8841, June.

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