Essays on Social Venture Antecedents, Consequences, and Strategies
type: CreativeWork
description: Social ventures are organizations created to exploit opportunities for social value creation (Lumpkin et al., 2011; Zahra et al., 2009). In fact, scholars argue that the main distinction between commercial and social entrepreneurship lies in the relative priority given to social wealth creation versus economic wealth creation (Mair & Marti, 2006). Given the increasing importance of social ventures, understanding the internal and external dynamics of such organizations would be beneficial for research and practice. The following three essays explore antecedents, consequences, and strategies of social ventures. Essay 1. This essay addresses the need for research concerning environmental influences on social entrepreneurship by specifically focusing on the environmental conditions that affect social venture creation rates. Though some scholars have suggested that entrepreneurs respond to certain socioeconomic conditions by engaging in social venturing activity (e.g. Weerawardena & Sullivan Mort, 2006), compelling empirical evidence is still lacking. A prevalent explanation of social venture creation is the market failure perspective. This perspective holds that social ventures are created to address social issues that the market and the government have failed to deal with effectively (Austin et al., 2006). In this essay, I delve into the market failure perspective to explain social venture creation rates and provide an empirical test at the macro-level. The results in this essay support the market failure perspective by suggesting that social venture creation rates increase with suboptimal economic conditions and high levels of government failure in dealing with social issues.Essay 2. Research investigating how social entrepreneurship influences commercial entrepreneurship remains scarce in the social entrepreneurship literature. Following an ecological perspective (Hannan & Freeman, 1977), Essay 2 predicts that social venture creation exerts a negative influence on co…
abstract: Social ventures are organizations created to exploit opportunities for social value creation (Lumpkin et al., 2011; Zahra et al., 2009). In fact, scholars argue that the main distinction between commercial and social entrepreneurship lies in the relative priority given to social wealth creation versus economic wealth creation (Mair & Marti, 2006). Given the increasing importance of social ventures, understanding the internal and external dynamics of such organizations would be beneficial for research and practice. The following three essays explore antecedents, consequences, and strategies of social ventures. Essay 1. This essay addresses the need for research concerning environmental influences on social entrepreneurship by specifically focusing on the environmental conditions that affect social venture creation rates. Though some scholars have suggested that entrepreneurs respond to certain socioeconomic conditions by engaging in social venturing activity (e.g. Weerawardena & Sullivan Mort, 2006), compelling empirical evidence is still lacking. A prevalent explanation of social venture creation is the market failure perspective. This perspective holds that social ventures are created to address social issues that the market and the government have failed to deal with effectively (Austin et al., 2006). In this essay, I delve into the market failure perspective to explain social venture creation rates and provide an empirical test at the macro-level. The results in this essay support the market failure perspective by suggesting that social venture creation rates increase with suboptimal economic conditions and high levels of government failure in dealing with social issues.Essay 2. Research investigating how social entrepreneurship influences commercial entrepreneurship remains scarce in the social entrepreneurship literature. Following an ecological perspective (Hannan & Freeman, 1977), Essay 2 predicts that social venture creation exerts a negative influence on co…
author: Mendoza Abarca, Karla Ivett
language: English
keywords: Entrepreneurship, social entrepreneurship, nonprofit entrepreneurship, market failure, population ecology, social value creation, resource dependence theory, social venture creation, social venture failure
date published: 2013-04-14
date modified: 2026-07-24T03:37:31Z
provider: OhioLINK
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: Kent State University