The Process of Social Value Creation pp 137-154 | Cite as
Resource Mobilisation (Resourcefulness)
Abstract
This chapter elaborates on resource mobilisation (resourcefulness) in the process of social value creation. After the identification of opportunities, social entrepreneurs pursued opportunities without regard to the resources they had. They started resource mobilisation to start the operation of their social enterprises. These resources included human, financial and other kind of resources (mainly infrastructure and land). This chapter includes all the information related to attracting, recruiting and retaining human resources, mobilising financial resources and mobilising other kinds of required resources in the process of social value creation. Special attention is given to explore resource mobilisation (resourcefulness) in the complete process of social value creation, starting from initial stage to stage of maturity of the social enterprises. Based on the findings, three propositions are developed. Finally, resourcefulness in the process of social value creation is presented in a figure.
References
- Austin JA, Stevenson H, Wei-Skillern J (2006) Social and commercial entrepreneurship: same, different, or both? Entrep Theor Pract 30(1):1–22CrossRefGoogle Scholar
- Baker W (2000) Achieving success through social capital: tapping the hidden resources in your personal and business networks. Wiley, San FranciscoGoogle Scholar
- Baron RA, Markman GD (2003) Beyond social capital: the role of entrepreneurs’ social competence in their financial success. J Bus Ventur 18:41–60CrossRefGoogle Scholar
- Becker G (1993) Human capital: a theoretical and empirical analysis. University of Chicago Press, ChicagoCrossRefGoogle Scholar
- Bhagavatula S, Elfring T, Tilburg A et al (2010) How social and human capital influence opportunity recognition and resource mobilisation in India’s handloom industry. J Bus Ventur 25:245–260CrossRefGoogle Scholar
- Bhatt P, Altinay L (2013) How social capital is leveraged in social innovations under resource constraints? Manag Decis 51(9):1772–1792. doi: 10.1108/MD-01-2013-0041 CrossRefGoogle Scholar
- Brinckmann J, Hoegl M (2011) Effects of initial team work capability and initial relational capability on the development of new technology-based firms. Strat Entrep J 5:37–57. doi: 10.1002/sej.106 CrossRefGoogle Scholar
- Bull I, Willard GE (1993) Towards a theory of entrepreneurship. J Bus Ventur 8:183–195CrossRefGoogle Scholar
- Corner PD, Ho M (2010) How opportunities develop in social entrepreneurship. Entrep Theor Pract 34(4):635–659CrossRefGoogle Scholar
- Dees JG (1998) The meaning of social entrepreneurship. http://www.fntc.info/files/documents/The%20meaning%20of%20Social%20Entreneurship.pdf. Accessed 20 Oct 2008
- Desa G (2011) Resource mobilisation in international social entrepreneurship: bricolage as a mechanism of institutional transformation. Entrep Theor Pract 1–25. doi: 10.1111/j.1540-6520.2010.00430.x
- Domenico MD, Haugh H, Tracey P (2010) Social Bricolage: theorizing social value creation in social enterprise. Entrep Theor Pract 34(4):681–703CrossRefGoogle Scholar
- Fisher G (2012) Effectuation, causation, and bricolage: a behavioural comparison of emerging theories in entrepreneurship research. Entrep Theor Pract 1019–1051. doi: 10.1111/j.1540-6520.2012.00537.x
- Gnyawali DR, Fogel DS (1994) Environments for entrepreneurship development: key dimensions and research implications. Entrep Theor Practice, Summer, 43–62. http://cieu.eutdh.cat/archivos/Gnyawali&Fogel_94.pdf. Accessed 13 Dec 2014
- Goldstein J, Hazy J, Silberstang J (2008) Complexity and social entrepreneurship: a fortuitous meeting. E:CO, 10(3):9–24. http://www.complexityandsociety.com/files/4913/1717/4955/complexity_science_and_social__entrepreneurship_a_fortuitous_meeting_issue_10_3_3_ac.pdf. Accessed 10 Dec 2013
- Greve A, Salaff JW (2003) Social networks and entrepreneurship. Entrep Theor Pract 22(1):1–22CrossRefGoogle Scholar
- Hasan S (2005) Social capital and social Entrepreneurship in Asia: analysing the links. Asia Pacific J Public Adm 27(1):1–17Google Scholar
- Liao J, Welsch H (2005) Roles of social capital in venture creation: key dimensions and research implications. J Small Bus Manag 43(4):345–362CrossRefGoogle Scholar
- Lin N (2001) Social capital: a theory of social structure and action. Cambridge University Press, Cambridge, UKCrossRefGoogle Scholar
- Madsen H, Neergaard H, Ulhøi JP (2003) Knowledge-intensive entrepreneurship and human capital. J Small Bus Enterp Dev 10(4):426–434CrossRefGoogle Scholar
- Moore ML, Westley FR, Nicholls A (2012) The social finance and social innovation nexus. J Soc Entrep 3(2):115–132Google Scholar
- Peredo A, McLean M (2006) Social entrepreneurship: a critical review of the concept. J World Bus 41:56–65CrossRefGoogle Scholar
- Sakurai M (2008) Social entrepreneurs and resource mobilization: the role of social capital. Paper presented at the third sector and sustainable social change: new frontiers for research, Barcelona (Spain), 9–12 July 2008Google Scholar
- Sarasvathy SD, Dew N (2005) New market creation through transformation. J Evol Econ 15:533–565CrossRefGoogle Scholar
- Seth S, Kumar S (2011) Social entrepreneurship: a growing trend in Indian business. Enterp Pract Rev 1(4):4–19Google Scholar
- Shane S, Venkataraman N (2000) The promise of entrepreneurship as a field of research. Acad Manag Rev 25(1):217–226Google Scholar
- Shaw E, Carter S (2007) Social entrepreneurship: theoretical antecedents and empirical analysis of entrepreneurial processes and outcomes. J Small Bus Enterp Dev 14(3):418–434CrossRefGoogle Scholar
- Stevenson HH, Jarillo JC (1990) A paradigm of entrepreneurship: entrepreneurial management. Strat Manag J 11:17–27Google Scholar
- Trivedi C (2010) Towards a social ecological framework for social entrepreneurship. J Entrep 19(1):63–80Google Scholar
- Westlund H, Gawell M (2012) Building social capital for social entrepreneurship. Ann Pub Coop Econ 83(1):101–116CrossRefGoogle Scholar
- Yujuico E (2008) Connecting the dots in social entrepreneurship through the capabilities approach. Socio-Econ Rev 6:493–513CrossRefGoogle Scholar
- Zahra SA, Gedajlovic E, Neubaum DO et al (2009) A typology of social entrepreneurs: motives, search processes and ethical challenges. J Bus Ventur 24:519–532CrossRefGoogle Scholar
Copyright information
Open Access This chapter is distributed under the terms of the Creative Commons Attribution Noncommercial License, which permits any noncommercial use, distribution, and reproduction in any medium, provided the original author(s) and source are credited.