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A Positive theory of social entrepreneurship

Author: Santos, Filipe M. INSEAD Area: Entrepreneurship and Family Enterprise Series: Working Paper ; 2009/23/EFE Publisher: Fontainebleau : INSEAD, 2009.Language: EnglishType of document: INSEAD Working PaperAbstract: I propose a theory aimed at advancing scholarly research in social entrepreneurship. By highlighting the key trade-off between value creation and value appropriation and explaining when situations of simultaneous market and government failure may arise, I suggest that social entrepreneurship is the pursuit of sustainable solutions to problems of neglected positive externalities. I further discuss when positive externalities are likely to be neglected and derive the central goal and logic of action of social entrepreneurship.
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INSEAD Working Paper Asia Campus
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Print Available BC008808
INSEAD Working Paper Europe Campus
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Print Available BC008807
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I propose a theory aimed at advancing scholarly research in social entrepreneurship. By highlighting the key trade-off between value creation and value appropriation and explaining when situations of simultaneous market and government failure may arise, I suggest that social entrepreneurship is the pursuit of sustainable solutions to problems of neglected positive externalities. I further discuss when positive externalities are likely to be neglected and derive the central goal and logic of action of social entrepreneurship.

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