“…For‐profit organizations inherently exploit market‐based opportunities and therefore need only the social value creation component to engage in social entrepreneurship. Conversely, nonprofit/social organizations inherently entail social value creation and need only pursue market‐based opportunities to engage in social entrepreneurship (Boschee & McClurg, 2003; Dacin, Dacin, & Matear, 2010; Nicholls, 2010; Wallace, 1999). Interestingly, while the preponderance of academic theorizing and empirical investigation is focused on for‐profit social ventures, nonprofits earning income through markets (i.e., the sale of goods and services) are ubiquitous and may well comprise the bulk of social entrepreneurship activities around the globe (Bozhikin, Macke, & da Costa, 2019; Gupta, Chauhan, Paul, & Jaiswal, 2020).…”