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Social entrepreneurship: the foundation of tomorrow's commercial business models?

Author

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  • Jantje Halberstadt
  • Sascha Kraus

Abstract

Social and commercial entrepreneurship are often said to be two contrasting disciplines that are, at best, only tenuously related. Even though there is a lack of consensus on how to define both social and commercial entrepreneurship, most definitions of social entrepreneurship commonly state that solving social problems demands a narrow, specialised focus, whilst commercial entrepreneurship is often seen as a more conventionally 'business'-like activity. In this article, we put forward our arguments using theoretical discussion backed up by practical case studies to show that many of today's commercial business models are based on ideas with a social intention. Our findings on the economic importance of innovative social business ideas highlight the importance of social entrepreneurship, and the importance of encouraging social aspects in teaching, practical entrepreneurship support and research. In fact, we even find that social and commercial entrepreneurship are highly interrelated phenomena, which should not be treated as separate disciplines.

Suggested Citation

  • Jantje Halberstadt & Sascha Kraus, 2016. "Social entrepreneurship: the foundation of tomorrow's commercial business models?," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 8(3), pages 261-279.
    • Handle: RePEc:ids:ijeven:v:8:y:2016:i:3:p:261-279
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    Citations

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    Cited by:

    1. Sayem Hossain & M. Abu Saleh & Judy Drennan, 0. "A critical appraisal of the social entrepreneurship paradigm in an international setting: a proposed conceptual framework," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-22.
    2. Jasmina Berbegal-Mirabent & Marta Mas-Machuca & Patricia Guix, 2021. "Impact of mission statement components on social enterprises’ performance," Review of Managerial Science, Springer, vol. 15(3), pages 705-724, April.
    3. Phillip E. Davis & Joshua S. Bendickson & Jeffrey Muldoon & William C. McDowell, 2021. "Agency theory utility and social entrepreneurship: issues of identity and role conflict," Review of Managerial Science, Springer, vol. 15(8), pages 2299-2318, November.
    4. Eggers, Fabian & Niemand, Thomas & Filser, Matthias & Kraus, Sascha & Berchtold, Jennifer, 2020. "To network or not to network – Is that really the question? The impact of networking intensity and strategic orientations on innovation success," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    5. Sayem Hossain & M. Abu Saleh & Judy Drennan, 2017. "A critical appraisal of the social entrepreneurship paradigm in an international setting: a proposed conceptual framework," International Entrepreneurship and Management Journal, Springer, vol. 13(2), pages 347-368, June.
    6. Gali, Nazha & Niemand, Thomas & Shaw, Eleanor & Hughes, Mathew & Kraus, Sascha & Brem, Alexander, 2020. "Social entrepreneurship orientation and company success: The mediating role of social performance," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    7. Madhuwanthi Premadasa & Janaka Siyambalapitiya & Kumudu Jayawardhana & Imali Fernando, 2023. "Conceptualizing the Role of Social Entrepreneurial Orientation in the Triple Bottom Line in the Social Enterprise Context: Developing Country Perspective," Sustainability, MDPI, vol. 15(11), pages 1-21, May.

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