Risking more than money? Entrepreneurial orientation in the social context

Eva Balan-Vnuk, Dominic Chalmers

Research output: Contribution to conferencePaper

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 languageEnglish
Publication statusAccepted/In press - 5 Jun 2012
EventBabson Kaufmann Entrepreneurship Conference - Forth Worth, Texas, United States
Duration: 6 Jun 20129 Jun 2012

Conference

ConferenceBabson Kaufmann Entrepreneurship Conference
CountryUnited States
CityForth Worth, Texas
Period6/06/129/06/12

Keywords

  • social enterprise
  • entrepreneurial orientation
  • entrepreneurial Risk
  • entrepreneurship

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    Balan-Vnuk, E., & Chalmers, D. (Accepted/In press). Risking more than money? Entrepreneurial orientation in the social context. Paper presented at Babson Kaufmann Entrepreneurship Conference, Forth Worth, Texas, United States.