“…Published by Elsevier Inc. All rights reserved. both for-profit and non-profit activities more generally and are specifically set up with this mission (e.g., Boyd, 2012;Haigh, Walker, Bacq, & Kickul, 2015;Lee & Jay, 2015), but this is not the case for traditional, already existing organizations that aim for mixed forms of economic and social value creation (see Battilana, Lee, Walker, & Dorsey, 2012). Moreover, while the rise of the hybrid is placed in the context of decreasing state influence and the need for other actors to take up parts of this role, this aspect has not received much attention.…”