IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v11y2019i19p5341-d271327.html
   My bibliography  Save this article

How Social Entrepreneurs’ Value Orientation Affects the Performance of Social Enterprises in Korea: The Mediating Effect of Social Entrepreneurship

Author

Listed:
  • Changhwan Shin

    (Department of Social Welfare, Kyungpook National University, Daegu 41566, Korea)

  • Jungkyu Park

    (Department of Psychology, Kyungpook National University, Daegu 41566, Korea)

Abstract

Efforts have been made to improve the performance of social enterprises through many studies on social entrepreneurs and social entrepreneurship. However, previous studies have conceptualized social entrepreneurship based on researches on commercial entrepreneurs. In addition, the scale used in the analysis of social entrepreneurship focuses primarily on behavioral aspects. Although the social and economic values pursued by social enterprises are important virtues for social entrepreneurs, research on the value orientation of social entrepreneurship is insufficient. The essence of a social enterprise is creating social value based on financial sustainability, so the concept of blended value has been recently emphasized. This study analyzed the relationships among blended value orientation, social entrepreneurship, and the performance of social enterprises. The results indicate that the blended value orientation of social entrepreneurs influenced social entrepreneurship and performance; social entrepreneurship fully mediated blended value orientation and performance. These findings suggest that it is important to focus on the blended value orientation of social entrepreneurs and social entrepreneurship in the promotion and policies of social enterprises.

Suggested Citation

  • Changhwan Shin & Jungkyu Park, 2019. "How Social Entrepreneurs’ Value Orientation Affects the Performance of Social Enterprises in Korea: The Mediating Effect of Social Entrepreneurship," Sustainability, MDPI, vol. 11(19), pages 1-13, September.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:19:p:5341-:d:271327
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/11/19/5341/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/11/19/5341/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ute Stephan & Lorraine M Uhlaner & Christopher Stride, 2015. "Institutions and social entrepreneurship: The role of institutional voids, institutional support, and institutional configurations," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 46(3), pages 308-331, April.
    2. Morgan Miles & Martie-Louise Verreynne & Belinda Luke, 2014. "Social Enterprises and the Performance Advantages of a Vincentian Marketing Orientation," Journal of Business Ethics, Springer, vol. 123(4), pages 549-556, September.
    3. Weerawardena, Jay & Mort, Gillian Sullivan, 2006. "Investigating social entrepreneurship: A multidimensional model," Journal of World Business, Elsevier, vol. 41(1), pages 21-35, February.
    4. G. Lumpkin & Todd Moss & David Gras & Shoko Kato & Alejandro Amezcua, 2013. "Entrepreneurial processes in social contexts: how are they different, if at all?," Small Business Economics, Springer, vol. 40(3), pages 761-783, April.
    5. Sharir, Moshe & Lerner, Miri, 2006. "Gauging the success of social ventures initiated by individual social entrepreneurs," Journal of World Business, Elsevier, vol. 41(1), pages 6-20, February.
    6. Francesco Perrini & Clodia Vurro & Laura A. Costanzo, 2010. "A process-based view of social entrepreneurship: From opportunity identification to scaling-up social change in the case of San Patrignano," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 22(6), pages 515-534, October.
    7. Francesco Polese & Antonio Botti & Mara Grimaldi & Antonella Monda & Massimiliano Vesci, 2018. "Social Innovation in Smart Tourism Ecosystems: How Technology and Institutions Shape Sustainable Value Co-Creation," Sustainability, MDPI, vol. 10(1), pages 1-24, January.
    8. Wei Shan & Chu Zhang & Jingyi Wang, 2018. "Internal Social Network, Absorptive Capacity and Innovation: Evidence from New Ventures in China," Sustainability, MDPI, vol. 10(4), pages 1-27, April.
    9. Gordon Liu & Teck–Yong Eng & Sachiko Takeda, 2015. "An Investigation of Marketing Capabilities and Social Enterprise Performance in the UK and Japan," Entrepreneurship Theory and Practice, , vol. 39(2), pages 267-298, March.
    10. James Austin & Howard Stevenson & Jane Wei–Skillern, 2006. "Social and Commercial Entrepreneurship: Same, Different, or Both?," Entrepreneurship Theory and Practice, , vol. 30(1), pages 1-22, January.
    11. Changhwan Shin, 2018. "How Social Entrepreneurs Affect Performance of Social Enterprises in Korea: The Mediating Effect of Innovativeness," Sustainability, MDPI, vol. 10(8), pages 1-14, July.
    12. Junwei Zheng & Guangdong Wu & Hongtao Xie, 2017. "Impacts of Leadership on Project-Based Organizational Innovation Performance: The Mediator of Knowledge Sharing and Moderator of Social Capital," Sustainability, MDPI, vol. 9(10), pages 1-22, October.
    13. Peredo, Ana María & McLean, Murdith, 2006. "Social entrepreneurship: A critical review of the concept," Journal of World Business, Elsevier, vol. 41(1), pages 56-65, February.
    14. repec:ucp:bkecon:9780226316529 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. JinHyo Joseph Yun & Xiaofei Zhao & KwangHo Jung & Tan Yigitcanlar, 2020. "The Culture for Open Innovation Dynamics," Sustainability, MDPI, vol. 12(12), pages 1-21, June.
    2. Xiyuan Xiang & Jing Wang & Zehai Long & Yangjie Huang, 2022. "Improving the Entrepreneurial Competence of College Social Entrepreneurs: Digital Government Building, Entrepreneurship Education, and Entrepreneurial Cognition," Sustainability, MDPI, vol. 15(1), pages 1-16, December.
    3. Daniele Eckert Matzembacher & Mervi Raudsaar & Marcia Dutra de Barcellos & Tõnis Mets, 2019. "Sustainable Entrepreneurial Process: From Idea Generation to Impact Measurement," Sustainability, MDPI, vol. 11(21), pages 1-26, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Changhwan Shin, 2018. "How Social Entrepreneurs Affect Performance of Social Enterprises in Korea: The Mediating Effect of Innovativeness," Sustainability, MDPI, vol. 10(8), pages 1-14, July.
    2. Adélie Ranville & Marcos Barros, 2022. "Towards Normative Theories of Social Entrepreneurship. A Review of the Top Publications of the Field," Journal of Business Ethics, Springer, vol. 180(2), pages 407-438, October.
    3. Agnieszka Pacut, 2020. "Drivers toward Social Entrepreneurs Engagement in Poland: An Institutional Approach," Administrative Sciences, MDPI, vol. 10(1), pages 1-24, January.
    4. Barbara Bradač Hojnik & Katja Crnogaj, 2020. "Social Impact, Innovations, and Market Activity of Social Enterprises: Comparison of European Countries," Sustainability, MDPI, vol. 12(5), pages 1-15, March.
    5. Bhattarai, Charan Raj & Kwong, Caleb C.Y. & Tasavori, Misagh, 2019. "Market orientation, market disruptiveness capability and social enterprise performance: An empirical study from the United Kingdom," Journal of Business Research, Elsevier, vol. 96(C), pages 47-60.
    6. Inmaculada Buendía-Martínez & Inmaculada Carrasco Monteagudo, 2020. "The Role of CSR on Social Entrepreneurship: An International Analysis," Sustainability, MDPI, vol. 12(17), pages 1-22, August.
    7. Robin Stevens & Nathalie Moray & Johan Bruneel, 2015. "The Social and Economic Mission of Social Enterprises: Dimensions, Measurement, Validation, and Relation," Entrepreneurship Theory and Practice, , vol. 39(5), pages 1051-1082, September.
    8. Sophie Bacq & Kimberly A. Eddleston, 2018. "A Resource-Based View of Social Entrepreneurship: How Stewardship Culture Benefits Scale of Social Impact," Journal of Business Ethics, Springer, vol. 152(3), pages 589-611, October.
    9. G. Lumpkin & Todd Moss & David Gras & Shoko Kato & Alejandro Amezcua, 2013. "Entrepreneurial processes in social contexts: how are they different, if at all?," Small Business Economics, Springer, vol. 40(3), pages 761-783, April.
    10. Hoogendoorn, B. & Pennings, H.P.G. & Thurik, A.R., 2010. "What do We Know about Social Entrepreneurship: An Analysis of Empirical Research," ERIM Report Series Research in Management ERS-2009-044-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    11. Pradeep Kumar Hota, 2023. "Tracing the Intellectual Evolution of Social Entrepreneurship Research: Past Advances, Current Trends, and Future Directions," Journal of Business Ethics, Springer, vol. 182(3), pages 637-659, January.
    12. Bonfanti, Angelo & De Crescenzo, Veronica & Simeoni, Francesca & Loza Adaui, Cristian R., 2024. "Convergences and divergences in sustainable entrepreneurship and social entrepreneurship research: A systematic review and research agenda," Journal of Business Research, Elsevier, vol. 170(C).
    13. Rocío Aliaga-Isla & Benjamin Huybrechts, 2018. "From “Push Out” to “Pull In” Together : An Analysis of Social Entrepreneurship Definitions in the Academic Field," Post-Print hal-02312230, HAL.
    14. 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.
    15. Filipa Lancastre & Carmen Lages & Filipe Santos, 2024. "Social Entrepreneurship as a Family Resemblance Concept with Distinct Ethical Views," Journal of Business Ethics, Springer, vol. 191(3), pages 611-632, May.
    16. R. Marshall, 2011. "Conceptualizing the International For-Profit Social Entrepreneur," Journal of Business Ethics, Springer, vol. 98(2), pages 183-198, January.
    17. Hadad Shahrazad, 2017. "Main research areas and methods in social entrepreneurship," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 11(1), pages 893-903, July.
    18. Zahra Arasti & Hadi Zarei & Fatemeh Didehvar, 2015. "Identifying the Evaluative Indicators of Regulatory Policies for the Development of Social Entrepreneurship," Public Organization Review, Springer, vol. 15(3), pages 453-474, September.
    19. Laura Rodrigo & Isabel Ortiz-Marcos & Miguel Palacios, 2024. "A typology of social innovation: A comparative study of clustering methodologies," International Entrepreneurship and Management Journal, Springer, vol. 20(4), pages 3283-3322, December.
    20. Edward Nissan & Maria-Soledad Castaño & Inmaculada Carrasco, 2012. "Drivers of non-profit activity: a cross-country analysis," Small Business Economics, Springer, vol. 38(3), pages 303-320, April.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:11:y:2019:i:19:p:5341-:d:271327. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.