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A Realistic Theory of Social EntrepreneurshipDynamics of a Life Cycle Theory Based on Developed Country Histories

A Realistic Theory of Social Entrepreneurship: Dynamics of a Life Cycle Theory Based on Developed... [How can we apply the life cycle concept to social entrepreneurship? Ashta first explains the evolution of the industry life cycle concept. He then applies it to a few microfinance cases which lasted for more than a century so that the reader can see the concept in its entirety. These cases are from different developed countries that also experienced the problem of poverty and exclusion. He follows this with microfinance cases that are still booming but they have gone through the initial stages. His major contribution in this chapter is to explain how transformation (growth and demise) is a politico-legal process where political legitimacy, private interests and social compassion create a dance between the State, the for-profit banks and the social enterprise.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Realistic Theory of Social EntrepreneurshipDynamics of a Life Cycle Theory Based on Developed Country Histories

Ashta, Arvind
Springer Journals — Nov 8, 2019
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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020
ISBN
978-3-030-32141-3
Pages
47 –64
DOI
10.1007/978-3-030-32142-0_3
Publisher site
See Chapter on Publisher Site

Abstract

[How can we apply the life cycle concept to social entrepreneurship? Ashta first explains the evolution of the industry life cycle concept. He then applies it to a few microfinance cases which lasted for more than a century so that the reader can see the concept in its entirety. These cases are from different developed countries that also experienced the problem of poverty and exclusion. He follows this with microfinance cases that are still booming but they have gone through the initial stages. His major contribution in this chapter is to explain how transformation (growth and demise) is a politico-legal process where political legitimacy, private interests and social compassion create a dance between the State, the for-profit banks and the social enterprise.]

Published: Nov 8, 2019

Keywords: Business history; Life cycle; Montes de Piedad; Loan funds; Mutual funds; Banking

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