<title>Abstract</title> In this paper we develop a strategy process model for hybrid ventures centered on business model innovation for shared value creation. We then validate the framework with an empirical focus on L3Cs, a new breed of hybrid ventures that occupy the middle ground between nonprofits and...

<title>Abstract</title> Biomimicry -- design inspired by nature -- is an emerging discipline that studies nature's best ideas and then imitates these designs and processes to address human problems. The laws of nature are embodied in Life's Principles, a framework developed by the Biomimicry Institute to...

<title>Abstract</title> Venturing activities focused on social causes has been called ‘social entrepreneurship’. This paper argues that the social entrepreneurship literature largely focuses on the similarities and overlooks the fundamental differences between social and commercial entrepreneurship, making...

<title>Abstract</title> It has been suggested that the concept of <italic>danwei</italic> functions as a key structural element within Chinese urban society (R. Sévigny, S. Chen, and E.Y. Chen, 2009, Personal experience of schizophrenia and the role of <italic>danwei:</italic> a case study on 1990's Beijing, <italic>Cult Med Psychiatry</italic>, 33, 86--111)....

<title>Abstract</title> This paper explores and clarifies the significance of aligning mission, objectives and strategy with impact measurement in social entrepreneurship. We present a framework for understanding the value created by social entrepreneurs, presenting theoretical and practical insights into...

<title>Abstract</title> There is little to no existing research on the phenomenon of social enterprises (SEs) in Austria. To enable subsequent comparative studies, the author first traces social enterprises' conceptual underpinnings from most current research found in leading journals and subsequently creates...

<title>Abstract</title> Joseph Schumpeter's and Israel Kirzner's ‘classical’ theories of entrepreneurship have contributed much to the field of entrepreneurship but have been underutilized in the emerging field of social entrepreneurship. The argument of this paper is that the utilization of Schumpeterian...

<title>Abstract</title> In the search for sustainability and stability, a central tenet of social entrepreneurship holds that revenue diversification is desirable. Business and nonprofit researchers have long argued that by establishing and maintaining multiple streams of funding, including some combination of...