“…As Okpara and Halkias (2011) suggest, the desire to innovate is not the result of one instance of creativity but is the modus operandi of social entrepreneurs.…”
This investigation aims to examine innovation in a selected successful Portuguese social venture (The Cooperative Terra Chã) and to analyse the extent to which innovative social ventures are able to contribute to local development. Specifically, the paper highlights the activities developed by the social organization in response to the needs of particular (micro) segments of society and illustrates which key factors triggered the success of the examined social initiative. A case study methodology is used to describe the distinctive characteristics and strategies pursued by the managers of the social venture and to establish the links between the opportunities for social innovation and the territory. The data collected for the study were triangulated from desk research and from in-depth semi-structured interviews conducted with privileged actors.The results show that social innovation is a viable strategy to revitalize the region's socio-economic tissue, through the creation of new economic activities and consequently local employment that are based on the village's traditional activities. This strategy seeks to achieve sustainable economic growth and well-being for the people of the region. However, to be successful, the strategy demands a deep knowledge of existing social problems as well as the availability of endogenous local resources and capabilities for use by social entrepreneurs. In this context, social innovation should be a participatory process, in which different entities and the beneficiaries of social programs were active players.
“…As Okpara and Halkias (2011) suggest, the desire to innovate is not the result of one instance of creativity but is the modus operandi of social entrepreneurs.…”
This investigation aims to examine innovation in a selected successful Portuguese social venture (The Cooperative Terra Chã) and to analyse the extent to which innovative social ventures are able to contribute to local development. Specifically, the paper highlights the activities developed by the social organization in response to the needs of particular (micro) segments of society and illustrates which key factors triggered the success of the examined social initiative. A case study methodology is used to describe the distinctive characteristics and strategies pursued by the managers of the social venture and to establish the links between the opportunities for social innovation and the territory. The data collected for the study were triangulated from desk research and from in-depth semi-structured interviews conducted with privileged actors.The results show that social innovation is a viable strategy to revitalize the region's socio-economic tissue, through the creation of new economic activities and consequently local employment that are based on the village's traditional activities. This strategy seeks to achieve sustainable economic growth and well-being for the people of the region. However, to be successful, the strategy demands a deep knowledge of existing social problems as well as the availability of endogenous local resources and capabilities for use by social entrepreneurs. In this context, social innovation should be a participatory process, in which different entities and the beneficiaries of social programs were active players.
“…Social entrepreneurship, in particular, is a new way of addressing social needs, which explores business opportunities and market-based strategies (e.g. Miller et al 2012 andOkpara andHalkias, 2011).…”
Abstract:A new challenge for public-private partnerships lies in gaining temporary advantage through social innovation, in order to operate within dynamic environments. This research explores social innovation enabled by technology, in order to build an empirical model that can be useful in addressing social needs of the citizens, while increasing temporary advantages for the companies. This research presents an entrepreneurial approach in which public-private partnerships can organise technology in order to develop and diffuse social innovation within dynamic environments. By employing this model, citizens can be empowered to participate in the joint construction of social innovation enabled by information and communication technology, in particular the phenomenon of shared data. The social entrepreneurship approach enables public-private partnerships to leverage shared data and obtain temporary advantages. This aids in developing innovative solutions to improve quality of life of citizens while it enables companies to succeed in dynamic environments.
Keywords
“…A rapidly growing sub-set of the entrepreneurship literature, which focuses on social entrepreneurship, has drawn attention to how entrepreneurship is not always and everywhere purely profit-driven and how social motives are often the driving force underpinning entrepreneurship (Austin et al, 2006;Defourny and Nyssens, 2008;Demirdjian, 2011;Galera and Borzega, 2009;Haynes, 2011;Hynes, 2009;Lyon and Sepulveda, 2009;Nicholls and Cho, 2006;Okpara and Halkias, 2011;Thompson, 2008). However, this vast and burgeoning stream of literature on social entrepreneurship has not so far been successful in rupturing the dominant depiction of the entrepreneur as profit-driven.…”
Section: Beyond the Profit-motive: Social Entrepreneurshipmentioning
The aim of this paper is to evaluate critically the widely-held normative view of the entrepreneur as a heroic icon of profit-motivated capitalism. To achieve this, a 2005 survey involving face-to-face interviews with 51 entrepreneurs in the English locality of Bassetlaw is reported. This displays that just 12 per cent of the entrepreneurs surveyed are engaged purely in profit-driven entrepreneurship in the legitimate economy. The vast majority of entrepreneurs do not pursue purely profit-driven goals and adopt social motives to varying degrees and/or operate wholly or partially beyond the legitimate economy. These results therefore display that entrepreneurship and the enterprise culture can no longer be assumed to be profit-motivated capitalist endeavour. Instead, its multiple forms are here argued to open up entrepreneurship to re-signification as demonstrative of the possibility of futures beyond legitimate profit-driven capitalism.
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