Abstract
Nonprofit organizations (NPOs) exhibit entrepreneurial behavior that assists them in creating social value. Entrepreneurial orientation (EO) has served as a valuable framework to measure the entrepreneurial proclivity of for-profit firms; scholars suggest however that current EO scales be adapted to take into account the specific antecedents and outcomes unique to the social context. Using multiple case studies of socially entrepreneurial NPOs in Australia and the United Kingdom, this paper investigates the manifestation of risk taking in the social context. The findings reveal a multidimensional manifestation of risk that incorporates both pecuniary and non-pecuniary dimensions, as well as various mitigation tactics employed by entrepreneurial NPOs to maintain legitimacy and satisfy multiple stakeholders.
Original language | English |
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Publication status | Accepted/In press - 5 Jun 2012 |
Event | Babson Kaufmann Entrepreneurship Conference - Forth Worth, Texas, United States Duration: 6 Jun 2012 → 9 Jun 2012 |
Conference
Conference | Babson Kaufmann Entrepreneurship Conference |
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Country/Territory | United States |
City | Forth Worth, Texas |
Period | 6/06/12 → 9/06/12 |
Keywords
- social enterprise
- entrepreneurial orientation
- entrepreneurial Risk
- entrepreneurship