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The social value of productive entrepreneurship

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Listed:
  • Zoltan Acs
  • Mary Boardman
  • Connie McNeely

Abstract

As a critical contribution to the literature on social entrepreneurship, this paper provides structure and clarity to this concept, situating it within the context of charity and philanthropy as sources of social value creation. Identifying social entrepreneurship as creating both social and economic value, we discuss productive, unproductive, and destructive entrepreneurship in terms of social value creation. To illustrate these issues comparative case studies are presented on Microsoft Corporation and Grameen Bank. Even if their successes have been derived from different motivations, these highly innovative ventures have created significant economic and social value. Copyright Springer Science+Business Media, LLC. 2013

Suggested Citation

  • Zoltan Acs & Mary Boardman & Connie McNeely, 2013. "The social value of productive entrepreneurship," Small Business Economics, Springer, vol. 40(3), pages 785-796, April.
    • Handle: RePEc:kap:sbusec:v:40:y:2013:i:3:p:785-796
    DOI: 10.1007/s11187-011-9396-6
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    More about this item

    Keywords

    Social value creation; Social entrepreneurship; Philanthropy; Charity; D64; L26; M14; P12;
    All these keywords.

    JEL classification:

    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises

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