TY - JOUR
T1 - Founding team entrepreneurial experience, external financing and social enterprise performance
AU - Sahasranamam, Sreevas
AU - Lall, Saurabh
AU - Nicolopoulou, Katerina
AU - Shaw, Eleanor
PY - 2023/4/14
Y1 - 2023/4/14
N2 - This paper examines the influence of founding team entrepreneurial experience (for-profit and non-profit) on social enterprise performance, and considers the contingent effects of two forms of external financial capital (commercial and philanthropic finance), through the lens of both human capital and institutional logics. Using a global dataset of social enterprises, we find that non-profit entrepreneurial experience boosts social enterprise performance. Additionally, we find that having a complementary institutional logics (social or commercial) fit between the founding team’s human capital and external financial capital is positively associated with social enterprise performance.
AB - This paper examines the influence of founding team entrepreneurial experience (for-profit and non-profit) on social enterprise performance, and considers the contingent effects of two forms of external financial capital (commercial and philanthropic finance), through the lens of both human capital and institutional logics. Using a global dataset of social enterprises, we find that non-profit entrepreneurial experience boosts social enterprise performance. Additionally, we find that having a complementary institutional logics (social or commercial) fit between the founding team’s human capital and external financial capital is positively associated with social enterprise performance.
KW - social entrepreneurship
KW - financing
KW - founding team
KW - entrepreneurial capital
KW - entrepreneurial experience
KW - human capital
KW - firm performance
U2 - 10.1111/1467-8551.12726
DO - 10.1111/1467-8551.12726
M3 - Article
SN - 1045-3172
SP - 1
EP - 21
JO - British Journal of Management
JF - British Journal of Management
ER -