Chapter 4: Social Entrepreneurship and Social Value Co-creation

Social Entrepreneurship, Social Value & Transformation:Approaches Research examining the entrepreneurial behaviour and goals of social ventures Research focusing on the personality and distinctive characteristics, traits and competencies of the social venture founder Research on social enterprise concentrating on the tangible outcomes of social entrepreneurship.

Typology of Social Entrepreneurs Social bricoleurs Social constructionists Social engineers

Learning with the market A market-based approach for creating social value Outcomes of ‘learning with the market’. Dimensions of Learning Outcomes L earning capabilities required

Outcomes of ‘learning with the market’ Network Structure Market Practices that happen between actors in the market network Market Pictures

Dimensions of Learning Outcomes Inclusion or exclusion of actors in a network Access to networks and creation of network ties Exchange Practices Normalised Practices Representational practices Idiosyncratic sense-making processes

Learning Capabilities Required Ability to: develop, maintain and manage a network structure develop, maintain and manage a network structure engage in the tie formation with other market actorsengage in the tie formation with other market actors format exchange practicesformat exchange practices format normalised practicesformat normalised practices format representational practicesformat representational practices change the existing mental models and institutionalise new oneschange the existing mental models and institutionalise new ones overcome the institutionsovercome the institutions