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Understanding success factors of Class B enterprises in Chile: a pioneering study on socially and environmentally responsible entrepreneurship

Author

Listed:
  • Virginie Hachard

    (Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School)

  • Makram Chemangui

    (Audencia Business School)

  • Amir Hasnaoui

    (CERIIM - Centre de Recherche en Intelligence et Innovation Managériales - Excelia Group | La Rochelle Business School)

  • Zocimo Campos
  • Lionel Valenzuela

    (UTFSM - Universidad Tecnica Federico Santa Maria [Valparaiso])

  • Fernando Yanine

Abstract

Innovative entrepreneurship drives economic and societal progress by introducing novel products, services, and business models. Class B enterprises stand out for harmonising profitability with exceptional social and environmental performance, yet their success factors remain underexplored. This study examines the success factors of Class B enterprises in Chile across five strategic dimensions. Using a descriptive and empirical approach, in-depth surveys were conducted with 34 of the 74 registered Class B companies in Chile. Statistical analysis revealed critical success factors shaping their performance, including the entrepreneurial ecosystem, access to clients, education quality, and support networks. Notably, 81% of entrepreneurs highlighted the ecosystem as pivotal. These findings provide valuable insights into the operational dynamics of Class B enterprises, underscoring the importance of external influences. This pioneering study enriches the literature by offering a comprehensive analysis of success factors in socially and environmentally responsible entrepreneurship in Chile and Latin America.

Suggested Citation

  • Virginie Hachard & Makram Chemangui & Amir Hasnaoui & Zocimo Campos & Lionel Valenzuela & Fernando Yanine, 2026. "Understanding success factors of Class B enterprises in Chile: a pioneering study on socially and environmentally responsible entrepreneurship," Post-Print hal-05148524, HAL.
  • Handle: RePEc:hal:journl:hal-05148524
    DOI: 10.1504/IJESB.2026.10069485
    as

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