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A Realistic Theory of Social EntrepreneurshipExtending the Realistic Theory to a Dynamic Life Cycle Theory of Social Enterprise

A Realistic Theory of Social Entrepreneurship: Extending the Realistic Theory to a Dynamic Life... [How can the development of microfinance in developed countries (Chapter 3) and in developing countries (Chapter 4) inform theory and make it evolve from a static theory to a more dynamic one? Ashta’s significant contribution in this chapter is to summarize in a theoretical framework, that of the industry life cycle, the different propositions for social entrepreneurship that emanate from a study of microfinance. His first eight propositions came from the static realistic theory, but even some of these are modified, once he includes the discussion of life cycles. The last four propositions are new and come largely by studying the evolution of financial inclusion initiatives in developed countries.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Realistic Theory of Social EntrepreneurshipExtending the Realistic Theory to a Dynamic Life Cycle Theory of Social Enterprise

Ashta, Arvind
Springer Journals — Nov 8, 2019
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21 pages

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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
93 –114
DOI
10.1007/978-3-030-32142-0_5
Publisher site
See Chapter on Publisher Site

Abstract

[How can the development of microfinance in developed countries (Chapter 3) and in developing countries (Chapter 4) inform theory and make it evolve from a static theory to a more dynamic one? Ashta’s significant contribution in this chapter is to summarize in a theoretical framework, that of the industry life cycle, the different propositions for social entrepreneurship that emanate from a study of microfinance. His first eight propositions came from the static realistic theory, but even some of these are modified, once he includes the discussion of life cycles. The last four propositions are new and come largely by studying the evolution of financial inclusion initiatives in developed countries.]

Published: Nov 8, 2019

Keywords: Social entrepreneur; Social enterprise; Transformation; Subsidies; Microfinance; Stakeholders

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