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Abstract We develop a theoretical framework, based on a moneylender–firm relationship with moral hazard, to investigate whether enterprise capital structure differs between for-profit and nonprofit sectors. The nondistribution constraint of the nonprofit organizations increases the fraction of...
Abstract This article uses case studies to address the sources of social innovation, a major contributor to economic growth and welfare services. Following the findings of user-innovation research in the commercial sector, the authors found that social-problem users innovate new social services...
Abstract In contemporary discourse social enterprise is often described as a new and innovative phenomenon aiming to solve current challenges of the welfare state. However, social enterprise can also be seen as a complex set of discourses within an institutionally constructed narrative designed...
Abstract This paper critiques and re-imagines current research approaches to the field of social entrepreneurship. Taking a theoretical view of research as ‘enactment’, this paper explores research as a constitutive act and explores a range of ways of relating with and constructing the subject...
Abstract This paper seeks to contribute to a conceptual perspective with which to approach the evaluations and explanation of social entrepreneurs as agents of social change. First, it discusses the capability approach as a comprehensive normative framework with which to articulate ‘the social’...
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