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Can Social Entrepreneurship Researchers Learn from Family Business Scholarship? A Theory-Based Future Research Agenda

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  • Sophie Bacq
  • G.T. Lumpkin

Abstract

Searching for a balance between social mission and financial viability is a distinguishing feature of social business ventures. This quest might lead to complex challenges and conundrums, similar to those that arise in family businesses composed of closely intertwined systems of 'family' and 'business'. Therefore, we question whether drawing on family business scholarship can help social entrepreneurship researchers move the field forward. Relying on a systems model, we conceptually frame three organizational challenges of social business venture management that can be addressed by insights from the family business literature: aligning multiple stakeholders, achieving competitive advantages and enacting sustainable solutions. To analyse these, we turn to three main theories drawn from family business research - organizational identity theory, resource-based view and stewardship theory. As a result, we formulate research questions relevant for future social entrepreneurship research. By doing so, we hope to offer social entrepreneurship scholars some guiding principles that are grounded on the experience of researchers who have analysed similar circumstances and challenges in other contexts.

Suggested Citation

  • Sophie Bacq & G.T. Lumpkin, 2014. "Can Social Entrepreneurship Researchers Learn from Family Business Scholarship? A Theory-Based Future Research Agenda," Journal of Social Entrepreneurship, Taylor & Francis Journals, vol. 5(3), pages 270-294, November.
    • Handle: RePEc:taf:jsocen:v:5:y:2014:i:3:p:270-294
    DOI: 10.1080/19420676.2014.939693
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    Citations

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    Cited by:

    1. Amouri, Abdellatif & Festa, Giuseppe & Shams, S.M. Riad & Sakka, Georgia & Rossi, Matteo, 2021. "Technological propensity, financial constraints, and entrepreneurial limits in young entrepreneurs’ social business enterprises: The tunisian experience," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    2. Siqueira, Ana Cristina O. & Guenster, Nadja & Vanacker, Tom & Crucke, Saskia, 2018. "A longitudinal comparison of capital structure between young for-profit social and commercial enterprises," Journal of Business Venturing, Elsevier, vol. 33(2), pages 225-240.
    3. 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.
    4. Lall, Saurabh Ajay, 2019. "From Legitimacy to Learning – How Impact Measurement Perceptions and Practices Evolve in Social Enterprise – Social Finance Organization Relationships," SocArXiv 7z8nc, Center for Open Science.
    5. Siqueira, Ana Cristina O. & Honig, Benson & Mariano, Sandra & Moraes, Joysi & Cunha, Robson Moreira, 2023. "Creating economic, social, and environmental change through entrepreneurship: An entrepreneurial autonomy perspective informed by Paulo Freire," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    6. Ine Paeleman & Nadja Guenster & Tom Vanacker & Ana Cristina O. Siqueira, 2024. "The Consequences of Financial Leverage: Certified B Corporations’ Advantages Compared to Common Commercial Firms," Journal of Business Ethics, Springer, vol. 189(3), pages 507-523, January.
    7. Singaram, Raja & Radu-Lefebvre, Miruna & Gartner, William B., 2023. "Gordian knot uncut: Understanding the problem of founder exit in social ventures," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    8. Andreana Drencheva & Wee Chan Au, 2023. "Bringing the Family Logic in: From Duality to Plurality in Social Enterprises," Journal of Business Ethics, Springer, vol. 182(1), pages 77-93, January.
    9. Melanie Richards & Thomas Zellweger & Jean-Pascal Gond, 2017. "Maintaining Moral Legitimacy through Worlds and Words: An Explanation of Firms' Investment in Sustainability Certification," Journal of Management Studies, Wiley Blackwell, vol. 54(5), pages 676-710, July.

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