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Social Entrepreneurial Ventures: On the Edge of Chaos?

Author

Listed:
  • Robb Colleen

    (Department of Management, College of Business, California State University Chico, Chico, CA 95929–0031, USA)

  • Jimmy Gandhi S.

    (Manufacturing Systems Engineering and Management, California State University, Northridge, Northridge, CA, USA)

Abstract

This paper proposes that social entrepreneurial ventures (SEVs) operate as systems of systems (SoS), a collection of complex systems working together to achieve an overall outcome in line with its mission. Previous literature shows that complexity theory is applicable to the unique structure of SEVs and the dual goals of creating economic and social value. We argue that not only are SEVs complex systems, but also operate as a SoS. As such, SEVs could greatly benefit from a general systemic risk management approach that is often applied to SoS. In order to explain our position, we consider an example of an existing SEV and apply these concepts to their operations. We also identify systemic risks in the example and show how the application of a systemic risk management approach can benefit SEVs.

Suggested Citation

  • Robb Colleen & Jimmy Gandhi S., 2016. "Social Entrepreneurial Ventures: On the Edge of Chaos?," Entrepreneurship Research Journal, De Gruyter, vol. 6(1), pages 111-133, January.
    • Handle: RePEc:bpj:erjour:v:6:y:2016:i:1:p:111-133:n:2
    DOI: 10.1515/erj-2015-0030
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    References listed on IDEAS

    as
    1. Weerawardena, Jay & Mort, Gillian Sullivan, 2006. "Investigating social entrepreneurship: A multidimensional model," Journal of World Business, Elsevier, vol. 41(1), pages 21-35, February.
    2. Roger Spear, 2006. "Social entrepreneurship: a different model?," International Journal of Social Economics, Emerald Group Publishing, vol. 33(5/6), pages 339-410, May.
    3. Paul Tapsell & Christine Woods, 2010. "Social entrepreneurship and innovation: Self-organization in an indigenous context," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 22(6), pages 535-556, October.
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    Cited by:

    1. María J. Ibáñez & Maribel Guerrero & Claudia Yáñez-Valdés & Sebastián Barros-Celume, 2022. "Digital social entrepreneurship: the N-Helix response to stakeholders’ COVID-19 needs," The Journal of Technology Transfer, Springer, vol. 47(2), pages 556-579, April.
    2. Tamar Balgiashvili, 2017. "Comparing Entrepreneurial Passion of Social and Commercial Entrepreneurs in the Czech Republic," Central European Business Review, Prague University of Economics and Business, vol. 2017(4), pages 45-61.
    3. Yáñez-Valdés, Claudia & Guerrero, Maribel & Barros-Celume, Sebastián & Ibáñez, María J., 2023. "Winds of change due to global lockdowns: Refreshing digital social entrepreneurship research paradigm," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    4. Gupta, Parul & Chauhan, Sumedha & Paul, Justin & Jaiswal, M.P., 2020. "Social entrepreneurship research: A review and future research agenda," Journal of Business Research, Elsevier, vol. 113(C), pages 209-229.

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