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Title A Positive Theory of Social Entrepreneurship
ID_Doc 73175
Authors Santos, FM
Title A Positive Theory of Social Entrepreneurship
Year 2012
Published Journal Of Business Ethics, 111, 3
DOI 10.1007/s10551-012-1413-4
Abstract I propose a theory aimed at advancing scholarly research in social entrepreneurship. By highlighting the key trade-off between value creation and value capture and explaining when situations of simultaneous market and government failure may arise, I suggest that social entrepreneurship is the pursuit of sustainable solutions to neglected problems with positive externalities. I further discuss the situations in which problems with externalities are likely to be neglected and derive the central goal and logic of action of social entrepreneurs, in contrast to commercial entrepreneurs. Overall, this article provides a conceptual framework that allows understanding the growing phenomena of social entrepreneurship and its role in the functioning of modern society.
Author Keywords Social entrepreneurship; Theory development; Market failure; Capitalism; Externalities; Empowerment; Sustainable solutions
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000312072800003
WoS Category Business; Ethics
Research Area Business & Economics; Social Sciences - Other Topics
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