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Corporations’ Social Responsibility And Social Entrepreneurship

Author

Listed:
  • Sorin Blaga

    (University of Newcastle, School of Business, NSW, Australia)

  • Oana Adriana Gica

    (Babeş-Bolyai University, Faculty of Management, Romania)

Abstract

This paper analyzes the corporations’ and social enterprises’ way of delivering social value.Scholarly research considers these concepts as somewhat related; even there is no clear-cut definition of these concepts and in the corporate and academic world persists uncertainty over how these concepts should be defined. This paper aims to identify similarities and differences that may exist in the meaning of corporations’ social responsibility (CSR) and social entrepreneurship (SE),the manner it is operationalised and how social value is delivered, cluttering existing literature on CSR) and SE. The paper demonstrates that both concepts have a positive influence on the business environment and society at large. The present research finds out that the fundamental differences rest on the way the two organisational forms are using their profit. Both deliver “social good” but SE is leading the process of social value creation.

Suggested Citation

  • Sorin Blaga & Oana Adriana Gica, 2019. "Corporations’ Social Responsibility And Social Entrepreneurship," Romanian Economic Business Review, Romanian-American University, vol. 14(4), pages 17-31, december.
    • Handle: RePEc:rau:journl:v:14:y:2019:i:4:p:17-31
    as

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/WI19/REBE-WI19-A2.pdf
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    References listed on IDEAS

    as
    1. Shaker A. Zahra & Mike Wright, 2016. "Understanding the Social Role of Entrepreneurship," Journal of Management Studies, Wiley Blackwell, vol. 53(4), pages 610-629, June.
    2. Weerawardena, Jay & Mort, Gillian Sullivan, 2006. "Investigating social entrepreneurship: A multidimensional model," Journal of World Business, Elsevier, vol. 41(1), pages 21-35, February.
    3. S. Bacq & F. Janssen, 2011. "The multiple faces of social entrepreneurship: A review of definitional issues based on geographical and thematic criteria," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 23(5-6), pages 373-403, June.
    4. James Austin & Howard Stevenson & Jane Wei–Skillern, 2006. "Social and Commercial Entrepreneurship: Same, Different, or Both?," Entrepreneurship Theory and Practice, , vol. 30(1), pages 1-22, January.
    5. Chantal Hartog & Brigitte Hoogendoorn & Sophie Bacq & Jan Lepoutre, 2011. "Social and commercial entrepreneurship: Exploring individual and organizational characteristics," Scales Research Reports H201110, EIM Business and Policy Research.
    Full references (including those not matched with items on IDEAS)

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