Agglomeration-oriented theories have grown significantly in the past decade explanation and promotion of entrepreneurship. Theoretical frameworks normative models such as entrepreneurial ecosystems are insufficient to observe, explain, inform policies at communal level rural contexts. In this paper, we propose a socio-spatial lens more fruitful way understanding holistic picture By means abductive research, explore distinct elements places contexts derive an integrated meso-level framework,...

In the collective imagination, practices and outcomes of social entrepreneurship seem to hold hope for a better future. So far, these have been largely assumed as idealised types with ‘social’ in underexplored. Such neutrality, we argue, is hampering development more robust theoretical corpus understanding phenomenon inspiring that are effective. this article, analyse sensemaking by exploring ways which entrepreneurs make sense problems develop solutions addressing them. Our empirical...

In this paper, we examine how entrepreneurs living in communities under continuous threat prepare themselves to continue with their enterprising activities or engage new ones after the expected crisis occurs. Most of literature on disasters and entrepreneurship focuses aftermath responses, but antecedents such entrepreneurial behaviour its connection past future crises remains largely unexplored. Based a two-stage exploratory study pre post Calbuco Volcano eruptions 2015 2016 Chile,...

Abstract We extend the cultural entrepreneurship perspective by investigating how entrepreneurs in deprived contexts gain legitimacy leveraging proprietary and public places their entrepreneurial storytelling. Inspired sociology of place, we present a longitudinal study ten new venture journeys over four years Kasoa, Ghana. identify three distinct ways are used narratives: projective significance connective authoritative place. show impoverished construct communicate diverse ways, not only...

Abstract Prosocial organizations are emerging to tackle the effects of a New Normal. As they navigate its fragile and liquid institutional membranes, prioritize cooperative forms governance. These allow for collaboration democratic decision‐making necessary development innovative solutions in this new context. At same time, high coordination costs cooperatives lead significant market pressures. Therefore, understanding when under what conditions these innovate strive is important as it...

In this paper we explore how blockchain and smart contracts can build trust act as catalysts for sustainable social businesses by supporting the coexistence of economic logics ventures. To achieve draw upon Yunus' seven principles business to present six emergent questions challenging improve sustainability ventures support fulfilment principles. Our contribution is a model, codifying contract functions, offering novel insights into could be utilised promote (i.e. defining characteristics...

This article investigates the interrelated nature of instrumental freedoms and how they combine to engender financial inclusion among low-income entrepreneurs. Drawing from Sen’s capabilities approach, we emphasize a need for understanding associated with institutional arrangements complex causal processes that lead micro-entrepreneurs. We perform fuzzy set qualitative comparative analysis 19 countries in Latin America Caribbean. The findings indicate four combinations inclusion. Our no...

This article explores where the increasing adoption of SIBs and outcomes-based contracting may lead public service systems—toward New Public Governance, or 'back' to Management. We present analysis from first significant longitudinal qualitative study a major UK SIB focused on improving outcomes in context social determinants health analyze how two governance logics manifest interact across lifecourse. find that while both were at initiation, over time NPM elements strengthened NPG weakened....

Abstract This paper proposes and tests a new conceptual framing for franchisee performance that draws on institutional complexity to explore the interaction of corporate, market, relational logics performance. Extant research corporate market explain performance; however, this does not individual in complex environments such as Base‐of‐the‐Pyramid (BoP) markets where may be more important, thereby limiting explanations how outlets perform. Drawing data from network 58 franchise context...

Social Impact Bonds (SIBs) are a policy intervention designed to explicitly link the activity of social interventions outcome payments. Despite burgeoning literature on SIBs there is lack evidence in relation information system characteristics and accounting mechanisms SIBs. Applying multi-dimensional sociotechnical lens case study SIB allows us reveal current problematic convergence public management systems. The authors found that an within introduced adapted increasingly prioritize...

Abstract This study explores how entrepreneurs “do” contexts in peripheral areas. Through the examination of changes roles, practices, and relationships across areas Chile, we found that substantive transformations result from momentary repurposing systems provision, types inter-dependencies, sources reliance within public, community, family contexts. Drawing perspective interstitial spaces extensive data, this is done through three interwoven interaction rituals: support seeking,...

Social Impact Bonds (SIBs) are a new and increasingly popular public policy tool which link payments to outcomes thus, in theory, transferring risk from governments private investors. This paper draws on the concepts of institutional work discursive institutionalism analyse how SIB influenced rules, norms decisions key actors. It identifies two dominant discourses. One focused addressing social determinants health, other creating financial structure needed run SIB. These discourses were...

This special issue of theJournal Comparative Policy Analysis brings together four cross-disciplinary articles representing the first concerted attempt to combine comparative approaches extend theoretical and empirical understandings Social Impact Bonds (SIBs). SIBs are investment-backed payment-by-results projects have been subject vigorous academic debate on their appropriateness efficacy since SIB launched in 2010. introduction outlines state literature SIBs, identifying gaps suggesting...

ABSTRACT Organizational hybridity refers to the combination of multiple institutional logics and identities that, within an organizational setting, do not conventionally complement one another. In such conditions, organizations must develop strategies combine sustain their hybrid forms. Success, however, is inevitable. this article, we take a legitimacy-as-process perspective focus on failed Microfinance Organization (MFO) in African context Zambia. MFOs represent fascinating because nature...

Understanding under which conditions microcredit is used by new, growing ventures becoming increasingly pertinent to scholars. This paper investigates the interplay of use with entrepreneurial capabilities and moderating role institutional development in sub-Saharan Africa. Our findings show that higher constraints are associated microcredit. In addition, we find more where either economic or political institutions less developed. suggest importance existence some type strength must be place...

Purpose Social entrepreneurs engage in action because social want to solve problems. Consequently, see more entrepreneurship contexts with the most severe problems is expected. This paper argues that this an oversimplification of problem-action nexus and does not necessarily correspond observed scale Drawing on theoretical framing crescive conditions, relationship affected by forms public investment as institutions distinctively promote engagement interest amongst entrepreneurs. Thus,...

Social Impact Bonds (SIBs) are an innovation wherein, in theory, private investment, instead of government funding, is levered to fund social interventions (Warner, 2013; Edmiston & Nicholls 2018)....

Purpose The purpose of this paper is to investigate, through practices and capabilities, how entrepreneurs use microfinance in a context serious constraints. Design/methodology/approach chosen methodology for longitudinal. A three-and-a-half-year study was conducted be able capture the entrepreneurial journeys ten at micro-level developing economy Ghana. This augmented by further 15 interviews with loan officers. data used develop theoretical model context. Findings identifies two distinct...

A decade after the launch of world’s first social impact bond (SIB) at Her Majesty’s Prison Peterborough in England, a further 250 SIBs have been developed over 30 countries raising $750 m (USD) capital and serving some 1.7 million people. As investment-backed outcomes-based contracts (OBCs), are one many outcomes-oriented reforms being taken up globally. In this introduction, we offer framework for navigating inchoate landscape these brief review literature on OBCs to frame articles special...

This paper investigates the discourse of key actors instigating institutional change in Zambian microfinance sector. It draws from story Zambia, which has experienced regulatory and legislative flux since drafting its first act 2006. Building on ideas discursive institutionalism interviews with stakeholders, it identifies three levels (ideas) that explain change: policy, programmatic philosophical. highlights how ill-conceived at a policy level shapes practices institutions (MFIs) ultimately...