Skip to main content
SpringerLink
Log in

The Value Economy and Its Influence on Shaping Social Business Models

  • Chapter
  • First Online:
Social Business Models in the Digital Economy

  • 1407 Accesses

Abstract

Looking broadly at the issues of building social business models, the concept of the value economy should be referred to. This approach determines new cognitive perspectives for the exploration and exploitation of social business models. Moreover, this triggers strategic behavior based on social entrepreneurship. This chapter describes the concept of the value economy as a factor which determines the shaping of social business models.

The concept of social entrepreneurship as a platform for building effective social business models has been described. Attention was paid to the emergence of a strong social effect as a result of the operationalization of social business models.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 119.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 159.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 159.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Alford, S. H., Brown, L. D., & Letts, C. W. (2004). Social Entrepreneurship: Leadership that Facilitates Societal Transformation. Working Paper, Center for Public Leadership in John F. Kennedy School of Government.

    Google Scholar 

  • Alter, S. K. (2006). Social Enterprise Models and Their Mission and Money Relationships. In A. Nicholls (Ed.), Social Entrepreneurship. New Models of Sustainable Social Change. Oxford: Oxford University Press.

    Google Scholar 

  • Alvord, S., Brown, L., & Letts, C. (2004). Social Entrepreneurship and Societal Transformation: An Exploratory Study. Journal of Applied Behavioral Science, 40(3), 260–282.

    Article  Google Scholar 

  • Austin, J., Leonard, H. B., Reficco, E., & Wei-Skillern, J. (2006). Social Entrepreneurship: It is for Corporations, Too. In A. Nicholls (Ed.), Social Entrepreneurship. New Models of Sustainable Social Change. Oxford: Oxford University Press.

    Google Scholar 

  • Austin, J. E., Stevenson, H., & Wei-Skillern, J. (2003). Social Entrepreneurship and Commercial Entrepreneurship: Same, Different or Both? Working Paper, 04-029, Harvard Business School.

    Google Scholar 

  • Bacq, S., & Janssen, F. (2011). The Multiple Faces of Social Entrepreneurship: A Review of Definitional Issues based on Geographical and Thematic Criteria. Entrepreneurship & Regional Development: An International Journal, 23(5), 373–403.

    Article  Google Scholar 

  • Bornstein, D. (1998). Changing the World on a Shoestring. The Atlantic Monthly, January, Vol. 281, No. 1.

    Google Scholar 

  • Brinckerhoff, P. C. (2009). Mission-Based Management: Leading Your Not-for-Profit in the 21st Century. John Wiley & Sons.

    Google Scholar 

  • Brinkerhoff, P. (2001). Why You Need to be More Entrepreneurial—An How to Get Started. Nonprofit World, 19(6), 12–15.

    Google Scholar 

  • Dart, R. (2004). The Legitimacy of Social Enterprise. Nonprofit Management & Leadership, 14(4), 411–424.

    Article  Google Scholar 

  • Dees, J. G. (1994). Social Enterprise: Private Initiatives for the Common Good (Harvard Business School Note). Cambridge, MA: Harvard Business School Press.

    Google Scholar 

  • Dees, J. G. (1998a). Enterprising Nonprofits. Harvard Business Review, 76(1), 54–67.

    Google Scholar 

  • Dees, J. G. (1998b). The Meaning of Social Entrepreneurship. Graduate School of Business, Stanford University.

    Google Scholar 

  • Defourny, J. (2001). From Third Sector to Social Enterprise. In C. Borzaga & J. Defourny (Eds.), The Emergence of Social Enterprise. London: Routledge.

    Google Scholar 

  • Defourny, J., & Nyssens, M. (2008). Social Enterprise in Europe: Recent Trends and Developments. EMES Working Paper.

    Google Scholar 

  • Defourny, J., & Nyssens, M. (2012). The EMES Approach of Social Enterprise in a Comparative Perspective. EMES European Research Network, WP No. 12/03.

    Google Scholar 

  • Dixon, S. E. A., & Clifford, A. (2007). Ecopreneurship—A New Approach to Managing the Triple Bottom Line. Journal of Organizational Change Management, 20(3), 326–345.

    Article  Google Scholar 

  • Drayton, B. (2002). The Citizen Sector: Becoming as Entrepreneurial and Competitive as Business. California Management Review, 44(3), 120–132.

    Article  Google Scholar 

  • Emerson, J., & Twerksy, F. (Eds.). (1996). New Social Entrepreneurs: The Success, Challenge and Lessons Of Non-profit Enterprise Creation. San Francisco: Roberts Foundation, Homeless Economic Development Fund.

    Google Scholar 

  • Fowler, A. (2000). NGDOs as a Moment in History: Beyond Aid to Social Entrepreneurship or Civic Innovation? Third World Quarterly, 21(4), 637–654.

    Article  Google Scholar 

  • Freireich, J., & Fulton, K. (2009). Investing For Social and Environmental Impact: A Design for Catalyzing an Emerging Industry. New York: Monitor Group.

    Google Scholar 

  • Fuqua School. (2005). http://www.fuqua.duke.edu/centers/case/

  • Harding, R. (2004). Social Enterprise: The New Economic Engine? Business and Strategy Review, 15(4), 39–43.

    Article  Google Scholar 

  • Hartigan, P. (2006, Winter). It’s about People, Not Profits. Business Strategy Review, 17(4), 42–45. ISSN 0955-6419.

    Article  Google Scholar 

  • Haugh, H. (2006). Social Enterprise: Beyond Economic Outcomes and Individual Returns. In J. Mair, J. Robinson, & K. Hockerts (Eds.), Social Entrepreneurship. Basingstoke, UK: Palgrave Macmillan.

    Google Scholar 

  • Hausner, J., Laurisz, N., & Mazur, S. (2007). Przedsiębiorstwo społeczne—konceptualizacja. In J. Hausner (Ed.), Zarządzanie podmiotami ekonomii społecznej. Kraków: MSAP UEK.

    Google Scholar 

  • Hockerts, K. (2006). Entrepreneurial Opportunity in Social Purpose Business Ventures. In J. Mair, J. Robinson, & K. Hockerts (Eds.), Social Entrepreneurship. Basingstoke, UK: Palgrave Macmillan.

    Google Scholar 

  • Hockerts, K. N. (2004a). Bootstrapping Social Change: Towards an Evolutionary Theory of Social Entrepreneurship. Academy of Management Review.

    Google Scholar 

  • Hockerts, K. N. (2004b). Mobility Car Sharing, from Ecopreneurial Start-up to Commercial Venture: Case Study. Fontainebleau: INSEAD.

    Google Scholar 

  • Huybrechts, B., & Nicholls, A. (2012). Social Entrepreneurship: Definitions, Drivers and Challenges. In C. K. Volkmann, K. O. Tokarski, & K. Ernst (Eds.), Social Entrepreneurship and Social Business. Germany: Gabler Verlag.

    Google Scholar 

  • Karamchandani, A., Kubzansky, M., & Frandano, P. (2009). Emerging Markets. New York: Emerging Models, Monitor Group.

    Google Scholar 

  • Korosec, R. L., & Berman, E. M. (2006, May/June). Municipal Support for Social Entrepreneurship. Public Administration Review, 66, 448–462. ISSN 0033-3352.

    Google Scholar 

  • Kotha, S. (1998). Competing on the Internet: How Amazon.com is Rewriting the Rules of Competition. Advances in Strategic Management, 15, 212–222.

    Google Scholar 

  • Leadbeater, C. (1996). The Rise of the Social Entrepreneur. London: Demos.

    Google Scholar 

  • Leadbeater, C. (1997). The Rise of the Social Entrepreneur. London: Demos.

    Google Scholar 

  • Leadbetter, C. (1997). The Rise of Social Entrepreneurship. London: Demos.

    Google Scholar 

  • Ligane, A., & Olsen, S. (2004). Guidelines for Social Return on Investment. California Management Review, 46(3), 116–135. ISSN 0008-1256.

    Article  Google Scholar 

  • MacMillan, I. A. (2005). http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=766

  • Mair, J., & Martí, I. (2004). Social Entrepreneurship: What are We Talking About? A Framework for Future Research. Working Paper 546, IESE Business School, University of Navarra.

    Google Scholar 

  • Mair, J., & Noboa, E. (2003a). Social Entrepreneurship: How Intentions to Create a Social Enterprise Get Formed. Working Paper 521, September, IESE Business School, University of Navarra, Barcelona.

    Google Scholar 

  • Mair, J., & Noboa, E. (2003b). The Emergence of Social Enterprises and Their Place in the New Organizational Landscape. Working Paper 523, October, IESE Business School, University of Navarra, Barcelona.

    Google Scholar 

  • Mair, J., Robinson, J., & Hockerts, K. (Eds.). (2006). Social Entrepreneurship. Palgrave Macmillan.

    Google Scholar 

  • Martin, R.J. Osberg, S. (2007, Spring). Social Entrepreneurship: The Case for a Definition. Stanford Social Innovation Review.

    Google Scholar 

  • Masseti, B. L. (2008). The Social Entrepreneurship Matrix as a “Tipping Point” for Economic Change. E:CO, 10(3), 1–8.

    Google Scholar 

  • Mort, G., Weerawardena, J., & Carnegie, K. (2002). Social Entrepreneurship: Towards Conceptualization and Measurement. American Marketing Association Conference Proceedings, 13, 5.

    Google Scholar 

  • Mort, G. S., Weerawardena, J., & Carnegie, K. (2003). Social Entrepreneurship: Towards Conceptualisation. International Journal of Nonprofit & Voluntary Sector Marketing, 8(1), 76–88.

    Article  Google Scholar 

  • Nicholls, A. (Ed.). (2006). Social Entrepreneurship. New Models of Sustainable Social Change. Oxford: Oxford University Press.

    Google Scholar 

  • Nicholls, A. (2010). The Legitimacy of Social Entrepreneurship: Reflexive Isomorphism in a Pre-paradigmatic Field. Entrepreneurship Theory and Practice, 34(4), 661–680.

    Article  Google Scholar 

  • Nicholls, A., & Cho, A. H. (2006). Social Entrepreneurship: The Structuration of a Field. In A. Nicholls (Ed.), Social Entrepreneurship. New Models of Sustainable Change. Oxford: Oxford University Press.

    Google Scholar 

  • Nyssens, M. (2006). Social Enterprise. At the Crossroads of Market, Public Policies and Civil Society. London: Routledge.

    Google Scholar 

  • NYU Stern. (2005). http://w4.stern.nyu.edu/berkley/social.cfm

  • OECD. (2003). The Non-profit Sector in a Changing Economy. Paris: OECD.

    Book  Google Scholar 

  • Peredo, A. M., & Chrisman, J. J. (2006). Toward a Theory of Community-based Enterprise. Academy of Management Review, 31(2), 309–328. ISSN 0363-7425.

    Article  Google Scholar 

  • Peredo, A. M., & McLean, M. (2006). Social Entrepreneurship: A Critical Review of the Concept. Journal of World Business, 41, 56–65.

    Article  Google Scholar 

  • Perrini, F., & Vurro, C. (2006). Social Entrepreneurship: Innovation and Social Change across Theory and Practice. Social Entrepreneurship, 23, 57–85.

    Article  Google Scholar 

  • Reis, T. (1999). Unleashing the New Resources and Entrepreneurship for the Common Good: A Scan, Synthesis and Scenario for Action. Battle Creek: W.K. Kellogg Foundation.

    Google Scholar 

  • Robinson, J. A. (2004). An Economic Sociology of Entry Barriers: Social and Institutional Entry Barriers to Inner City Markets. Unpublished doctoral dissertation, Columbia University, Graduate School of Business—Management, New York.

    Google Scholar 

  • Said Business School. (2005). http://www.sbs.ox.ac.uk/skoll/

  • Santos, F. (2009). A Positive Theory of Social Entrepreneurship. INSEAD Faculty & Research Working Paper, 2009/23/EFE/ISIC.

    Google Scholar 

  • Schwab Foundation. (2005). http://www.schwabfound.org

  • Seelos, C., Ganly, K., & Mair, J. (2006). Social Entrepreneurs Directly Contribute to Global Development Goals. In J. Mair, J. Robinson, & K. Hockerts (Eds.), Social Entrepreneurship. Palgrave Macmillan.

    Google Scholar 

  • Shaw, E. (2004). Marketing in the Social Enterprise Context: Is It Entrepreneurial? Qualitative Marketing Research: An International Journal, 7(3), 194–205.

    Article  Google Scholar 

  • Stone, M., & Cutcher-Gershenfeld, S. (2001). Challenges of Measuring Performance in Nonprofit Organizations. In P. Flynn & V. A. Hodgkinson (Eds.), Measuring the Impact of the Nonprofit Sector. New York: Kluwer Academic/Plenum Publishers.

    Google Scholar 

  • Sztompka, P., & Hausner, J. (2018). Values in Society and Economy: Two Perspectives: Moral Values and Social Becoming, Value Economics vs. Economic Value. Wydawnictwo Nieoczywiste.

    Google Scholar 

  • Tan, W. L., Williams, J. N., & Tan, T. M. (2005). Defining the ‘Social’ in ‘Social Entrepreneurship’: Altruism and Entrepreneurship. International Entrepreneurship and Management Journal, 1, 353–365.

    Article  Google Scholar 

  • Thake, S., & Zadek, S. (1997). Practical People, Noble Causes. How to Support Community based Social Entrepreneurs. New Economic Foundation.

    Google Scholar 

  • Thompson, J., Alvy, G., & Lees, A. (2000). Social Entrepreneurship—A New Look at the People and the Potential. Management Decision, 38(5), 328–338.

    Article  Google Scholar 

  • Thompson, J., & Doherty, B. (2006). The Diverse World of Social Enterprise: A Collection of Social Enterprise Stories. International Journal of Social Economics, 33(5/6), 361–375.

    Article  Google Scholar 

  • Thompson, J. L. (2008). Social Enterprise and Social Entrepreneurship: Where Have We Reached?: A Summary of Issues and Discussion Points. Social Enterprise Journal, 4(2), 149–161.

    Article  Google Scholar 

  • Yunus, M. (2007). Creating a World Without Poverty: Social Business and the Future of Capitalism. New York: Public Affair.

    Google Scholar 

  • Yunus, M. (2008). Creating a World Without Poverty: Social Business and the Future of Capitalism. New York: Public Affairs Books.

    Google Scholar 

  • Zahra, S. A., Rawhouser, H. N., Bhawe, N., Neubaum, D. O., & Hayton, J. C. (2008). Globalization of Social Entrepreneurship Opportunities. Strategic Management Society, 2, 117–131.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. WSB University in Poznań, Poznań, Poland

    Adam Jabłoński & Marek Jabłoński

Authors
  1. Adam Jabłoński
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Marek Jabłoński
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Adam Jabłoński .

Rights and permissions

Reprints and permissions

Copyright information

© 2020 The Author(s)

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Jabłoński, A., Jabłoński, M. (2020). The Value Economy and Its Influence on Shaping Social Business Models . In: Social Business Models in the Digital Economy. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-29732-9_5

Download citation

Publish with us

Policies and ethics

Search

Navigation