Understanding Value Creation in Social Entrepreneurship: The Importance of Aligning Mission, Strategy and Impact Measurement

References

• Ahmad , N. and Hoffmann , A. N. 2008 . A framework for addressing and measuring entrepreneurship , Paris : OECD .
   Google Scholar
• Ahmad , N. and Seymour , R. G. Defining entrepreneurial activity . Definitions supporting frameworks for data collection. OECD Statistics Working Papers 2008/01 . OECD, Paris .
   Google Scholar
• Alter , K. A. 2006 . “ Social enterprise models and their mission and money relationships ” . In Social entrepreneurship: new models of sustainable social change , Edited by: Nicholls , A. 205 – 233 . Oxford : Oxford University Press .
   Google Scholar
• Amit , R. and Zott , C. 2001 . Value creation in e-business . Strategic management journal , 22 : 493 – 520 .
   Web of Science ®Google Scholar
• Auerswald , P. 2009 . Creating social value . Stanford social innovation review , 7 ( 2 ) : 51 – 55 .
   Google Scholar
• Austin , J. , Gutierrez , R. , Ogliastri , E. and Reficco , E. 2006 . Effective management of social enterprises: lessons from business and civil society organizations in Iberoamerica , Cambridge, MA : Harvard University Press .
   Google Scholar
• Austin , J. , Stevenson , H. and Wei-Skillern , J. 2006 . Social and commercial entrepreneurship: same, different, or both? . Entrepreneurship theory and practice , 30 ( 1 ) : 1 – 22 .
   Web of Science ®Google Scholar
• Barney , J. B. 1991 . Firm resources and sustained competitive advantage . Journal of management , 17 ( 1 ) : 99 – 120 .
   Web of Science ®Google Scholar
• Bart , K. , Bontis , N. and Taggar , S. 2001 . A model of the impact of mission statements on firm performance . Management decision , 39 ( 1 ) : 19 – 33 .
   Google Scholar
• Bourdieu , P. 1986 . Distinction: a social critique of the judgement of taste (La distinction, critique sociale du jugement) , London : Routledge & Kegan Paul .
   Google Scholar
• Bourdieu , P. 1993 . The field of cultural production: essays on art and literature , Cambridge, UK : Polity .
   Google Scholar
• Bowman , C. and Ambrosini , V. 2000 . Value creation versus value capture: towards a coherent definition of value in strategy . British journal of management , 11 : 1 – 15 .
   Web of Science ®Google Scholar
• Brooks , A. C. 2009 . Social entrepreneurship: a modern approach to social value creation , Upper Saddle River, NJ : Pearson Prentice Hall .
   Google Scholar
• Bruyat , C. and Julien , P.-A. 2001 . Defining the field of research in entrepreneurship . Journal of business venturing , 16 ( 2 ) : 165 – 180 .
   Web of Science ®Google Scholar
• Burt , R. S. 1992 . Structural holes: the social structure of competition , Cambridge, MA : Harvard University Press .
   Google Scholar
• Carland , J. W. , Carland , J. C. , Hoy , F. and Boulton , W. R. 1988 . Distinctions between entrepreneurial and small business ventures . International journal of management , 5 ( 1 ) : 98 – 103 .
   Google Scholar
• Carland , J. W. , Hoy , F. , Boulton , W. R. and Carland , J. C. 1984 . Differentiating entrepreneurs from small business owners: a conceptualization . Academy of management review , 9 ( 2 ) : 354 – 359 .
   Web of Science ®Google Scholar
• Cohen , W. and Levin , R. 1989 . “ Empirical studies of innovation and market structure ” . In Handbook of industrial organisation , Edited by: Schmalensee , R. and Willig , R. D. 1059 – 1107 . London : North Holland .
   Google Scholar
• Day , G. S. 1990 . Market-driven strategy , New York : Free Press .
   Google Scholar
• Dees , G. 1998 . Enterprising nonprofits . Harvard business review , 76 ( 1 ) : 55 – 66 .
   PubMed Web of Science ®Google Scholar
• Dees , G. , Emerson , J. and Economy , P. 2002 . Strategic tools for social entrepreneurs. Enhancing the performance of your enterprising nonprofit , New York : Wiley .
   Google Scholar
• Dennis , K. 2002 . Nominalising the numeric: an alternative to mathematical reduction in economics . Cambridge journal of economics , 26 ( 1 ) : 63 – 80 .
   Web of Science ®Google Scholar
• Eisenhardt , K. M. 1989 . Building theories from case study research . Academy of management review , 14 ( 4 ) : 532 – 550 .
   Web of Science ®Google Scholar
• Elkington , J. 2004 . “ Enter the triple bottom line ” . In The triple bottom line: does it all add up? , Edited by: Henrigues , A. and Richardson , J. 1 – 16 . London : Earthscan .
   Google Scholar
• Emerson , J. 2000 . Social return on investment , San Francisco, CA : The Robert Foundation .
   Google Scholar
• Emerson , J. 2003 . The blended value proposition: integrating social and financial results . Californian management review , 45 ( 4 ) : 35 – 51 .
   Web of Science ®Google Scholar
• Emerson , R. M. 1987 . “ Toward a theory of value in social exchange ” . In Social exchange theory , Edited by: Cook , K. S. , 11–45. Newbury Park, CA : Sage .
   Google Scholar
• Fine , B. 2002 . Economics imperialism and the new development economics as Kuhnian paradigm shift? . World development , 30 ( 12 ) : 2057 – 2070 .
   Web of Science ®Google Scholar
• Ghauri , P. 2004 . “ Designing and conducting case studies in international business research ” . In Handbook of qualitative research methods for international business , Edited by: Morschan-Pickker , R. and Welch , C. 109 – 124 . Cheltenham : Edward Elgar .
   Google Scholar
• Gleik , J. 1987 . Chaos: making a new science , New York : Penguin Books .
   Google Scholar
• Godelier , M. 1999 . The enigma of the gift , Cambridge, UK : Polity Press .
   Google Scholar
• Granovetter , M. 1973 . The strength of weak ties . The American journal of sociology , 78 ( 6 ) : 1360 – 1380 .
   Web of Science ®Google Scholar
• Gulati , R. , Nohria , N. and Zaheer , A. 2000 . Strategic networks . Strategic management journal , 21 ( 3 ) : 203 – 215 .
   Web of Science ®Google Scholar
• Hambrick , D. C. and Fredrickson , J. W. 2001 . Are you sure you have a strategy? . Academy of management executive , 15 ( 4 ) : 48 – 59 .
   Google Scholar
• Hamel , G. 2000 . Leading the revolution , Boston, MA : Harvard Business School Press .
   Google Scholar
• Hamel , G. and Prahalad , C. K. 1994 . Competing for the future , Boston, MA : Harvard Business School Press .
   Google Scholar
• Hamilton , D. L. and Fallot , R. D. 1974 . Information salience as a weighting factor in impression formation . Journal of personality and social psychology , 30 ( 4 ) : 444 – 448 .
   Google Scholar
• Imperatori , B. and Ruta , D. 2006 . “ Organizing a social enterprise ” . In The new social entrepreneurship , Edited by: Perrini , F. 105 – 122 . Cheltenham : Edward Elgar .
   Google Scholar
• Jarillo , J. C. 1988 . On strategic networks . Strategic management journal , 9 ( 1 ) : 31 – 41 .
   Web of Science ®Google Scholar
• Jolls , C. , Sunstein , C. R. and Thaler , R. 1998 . A behavioral approach to law and economics . Stanford law review , 50 ( 5 ) : 1471 – 1550 .
   Web of Science ®Google Scholar
• Kahneman , D. and Tversky , A. 1979 . Prospect theory: an analysis of decision under risk . Econometrica , 47 ( 2 ) : 263 – 291 .
   Web of Science ®Google Scholar
• Kane , T. 2010 . The importance of startups in job creation and job destruction , Kansas City, MO : Ewing Marion Kauffman Foundation .
   Google Scholar
• Kaplan , R. 1982 . Advanced management accounting , Englewood Cliffs, NJ : Prentice-Hall .
   Google Scholar
• Kaplan , R. 2002 . The balanced scorecard and nonprofit organizations , Boston, MA : Harvard Business School .
   Google Scholar
• Kaufman , S. 1995 . At home in the universe , New York : Oxford University Press .
   Google Scholar
• Kelm , K. M. , Narayanan , V. K. and Pinches , G. E. 1995 . Shareholder value creation during R&D innovation and commercialization stages . The academy of management journal , 38 ( 3 ) : 770 – 786 .
   Web of Science ®Google Scholar
• Kirzner , I. M. 1973 . Competition and entrepreneurship , Chicago, IL : University of Chicago Press .
   Google Scholar
• Lazear , E. P. 2000 . Economic imperialism . Quarterly journal of economics , 115 ( 1 ) : 99 – 146 .
   Web of Science ®Google Scholar
• Leavy , B. 2010 . Design thinking – a new mental model of value innovation . Strategy & leadership , 38 ( 3 ) : 5 – 14 .
   Google Scholar
• Lepak , D. P. , Smith , K. G. and Taylor , M. S. 2007 . Value creation and value capture: a multilevel perspective . Academy of management review , 32 ( 1 ) : 180 – 194 .
   Web of Science ®Google Scholar
• Lewis , J. 2004 . “ Design issues ” . In Qualitative research practice: a guide for social science students and researchers , Edited by: Ritchie , J. and Lewis , J. 47 – 76 . London : Sage .
   Google Scholar
• Lybaert , N. 1998 . The information use in a SME: its importance and some elements of influence . Small business economics , 10 : 171 – 191 .
   Web of Science ®Google Scholar
• Mair , J. and Marti , I. 2006 . Social entrepreneurship research: a source of explanation, prediction, and delight . Journal of world business , 41 ( 1 ) : 36 – 44 .
   Web of Science ®Google Scholar
• Markides , C. 1999 . All the right moves: a guide to crafting breakthrough strategy , Boston, MA : Harvard Business School Press .
   Google Scholar
• Martin , R. 2009 . The design of business. Why design thinking is the next competitive advantage , Cambridge, MA : Harvard Business Press .
   Google Scholar
• Maxwell , J. A. 2002 . “ Understanding and validty in qualitative research ” . In The qualitive researcher's companion , Edited by: Huberman , M. and Miles , M. B. 37 – 64 . Thousand Oaks, CA : Sage .
   Google Scholar
• McCracken , G. 1988 . The long interview: qualitative research methods , Newbury Park, CA : Sage .
   Google Scholar
• Miczo , N. 2002 . Hobbes, Rousseau, and the ‘gift’ in interpersonal relationships . Human studies , 25 : 207 – 231 .
   Google Scholar
• Minniti , M. and Bygrave , W. 2001 . A dynamic model of entrepreneurial learning . Entrepreneurship theory and practice , 15 : 7 – 18 .
   Google Scholar
• Mintzberg , H. 1987 . The strategy concept I: five Ps for strategy . California management review , 30 ( 3 ) : 11 – 24 .
   Google Scholar
• Mulgan , G. 2006 . “ Cultivating the other invisible hand of social entrepreneurship: comparative advantage, public policy, and future research priorities ” . In Social entrepreneurship: new models of sustainable social change , Edited by: Nicholls , A. 74 – 96 . Oxford : Oxford University Press .
   Google Scholar
• Nicholls , A. 2005 . Measuring impact in social entrepreneurship: new accountabilities to stakeholders and investors? , Seminar on Social Enterprise, Milton Keynes University .
   Google Scholar
• Nicholls , A. 2006 . Social entrepreneurship: new models of sustainable social change , Oxford : Oxford University Press .
   Google Scholar
• Nicholls-Nixon , C. L. , Cooper , A. C. and Woo , C. Y. 2000 . Strategic experimentation: understanding change and performance in new ventures . Journal of business venturing , 15 ( 5–6 ) : 493 – 521 .
   Web of Science ®Google Scholar
• Osmond , J. and O'Connor , I. 2006 . Use of theory and research in social work practice: implication for knowledge-based practice . Australian social work , 59 ( 1 ) : 5 – 19 .
   Google Scholar
• Parker , S. C. 2006 . Learning about the unknown: how fast do entrepreneurs adjust their beliefs? . Journal of business venturing , 21 ( 1 ) : 1 – 26 .
   Web of Science ®Google Scholar
• Patton , M. Q. 1990 . Qualitative evaluation and research methods , Newbury Park, CA : Sage .
   Google Scholar
• Penrose , E. T. 1959/1980 . The theory of the growth of the firm , Oxford : Basil Blackwell .
   Google Scholar
• Peredo , A. M. and McLean , M. 2006 . Social entrepreneurship: a critical review of the concept . Journal of world business , 41 ( 1 ) : 56 – 65 .
   Web of Science ®Google Scholar
• Perrini , F. 2006 . “ Social entrepreneurship domain: setting boundaries ” . In The new social entrepreneurship , Edited by: Perrini , F. 1 – 25 . Cheltenham : Edward Elgar .
   Google Scholar
• Perrini , F. and Vurro , C. 2006 . “ Social entrepreneurship: innovation and social change across theory and practice ” . In Social entrepreneurship , Edited by: Mair , J. , Robinson , J. and Hockerts , K. 57 – 85 . Basingstoke : Palgrave Macmillan .
   Google Scholar
• Piekkari , R. , Welch , C. and Paavilainen , E. 2009 . The case study as disciplinary convention: evidence from international business journals . Organizational research methods , 12 ( 3 ) : 567 – 589 .
   Web of Science ®Google Scholar
• Quarter , J. and Richmond , B. J. 2001 . Accounting for social value in nonprofits and for-profits . Nonprofit management & leadership , 12 ( 1 ) : 75 – 85 .
   Google Scholar
• Sawhill , J. and Williamson , D. 2001 . Mission impossible? Measuring success in nonprofit organisations . Nonprofit management & leadership , 11 ( 3 ) : 371 – 386 .
   Google Scholar
• Say , J.-B. 1803/1971 . A treatise on political economy or the production, distribution and consumption of wealth , New York : A.M. Kelley Publishers .
   Google Scholar
• Schumpeter , J. A. 1934 . The theory of economic development: an inquiry into profits, capital, credit, interest, and the business cycle , Cambridge, MA : Harvard University Press .
   Google Scholar
• Schumpeter , J. A. 1939 . Business cycles: a theoretical and statistical analysis of the capitalist process , New York : McGraw Hill .
   Google Scholar
• Schumpeter , J. A. 1942 . Capitalism, socialism, and democracy , New York : Harper .
   Google Scholar
• Schumpeter , J. A. 1949 . The theory of economic development , Cambridge, MA : Harvard University Press .
   Google Scholar
• Seymour , R. S. forthcoming . Handbook of research methods on social entrepreneurship , Cheltenham : Edward Elgar .
   Google Scholar
• Shackle , G. L.S. 1903/1992 . Epistemics & economics: a critique of economic doctrines , New Brunswick, NJ : Transaction Publishers .
   Google Scholar
• Short , J. C. , Moss , T. W. and Lumpkin , G. T. 2009 . Research in social entrepreneurship: past contributions and future opportunities . Strategic entrepreneurship journal , 3 ( 2 ) : 161 – 194 .
   Web of Science ®Google Scholar
• Simmel , G. 1922/1955 . The web of group-affiliations , New York : Free Press .
   Google Scholar
• Slywotzky , A. J. 1996 . Value migration , Boston, MA : Harvard Business School Press .
   Google Scholar
• Smith , A. 1776/1976 . An inquiry into the nature and causes of the wealth of nations , Oxford : Clarendon Press .
   Google Scholar
• Throsby , D. 1999 . Cultural capital . Journal of cultural economics , 23 : 3 – 12 .
   Google Scholar
• Townsend , D. M. and Hart , T. A. 2008 . Perceived institutional ambiguity and the choice of organizational form in social entrepreneurial ventures . Entrepreneurship theory and practice , 32 ( 4 ) : 685 – 701 .
   Web of Science ®Google Scholar
• Useem , M. 2010 . Four lessons in adaptive leadership . Harvard business review , 88 ( 11 ) : 86 – 90 .
   PubMed Web of Science ®Google Scholar
• Vennesson , P. 2008 . “ Case studies and process tracing: theories and practices ” . In Approaches and methodologies in the social sciences: a pluralist perspective , Edited by: Porta , D. Della and Keating , M. 223–239 Cambridge : Cambridge University Press .
   Google Scholar
• Verschuren , P. 2003 . Case study as a research strategy: some ambiguities and opportunities . International journal of social research methodology , 6 ( 2 ) : 121 – 139 .
   Google Scholar
• von Mises , L. 1949/1996 . Human action: a treatise on economics , San Francisco, CA : Fox & Wilkes .
   Google Scholar
• Yin , R. K. 2003 . Case study research: design and methods. , 3rd ed. , Thousand Oaks, CA : Sage .
   Google Scholar
• Young , R. 2006 . “ For what it is worth: social value and the future of social entrepreneurship ” . In Social entrepreneurship: new models of sustainable social change , Edited by: Nicholls , A. 56–73. Oxford : Oxford University Press .
   Google Scholar
• Zadek , S. 1998 . Balancing performance, ethics and accountability . Journal of business ethics , 17 ( 13 ) : 1421 – 1441 .
   Web of Science ®Google Scholar