Social entrepreneurship is an important driver of global change. There is a sense that it might be the key ingredient to a new social contract for the 21st century. Though referred to extensively as a concept, there is no single definition of the subject. Defined as finding ways to combine...

In contemporary market economies, firms typically adopt one or another of a small number of standard organizational forms, both in terms of ownership and in terms of commitments to contractual counterparties. This review essay, prepared as a chapter for the forthcoming Handbook of Organizational...

To study the coexistence of two different ownership forms within an industry, I develop a simple model of competition between one forprofit and one nonprofit firm. The two firms have different objectives and face different constraints due to their choice of ownership status. Assuming...