SlideShare a Scribd company logo
1 of 46
Download to read offline
Theories of Social Entrepreneurship Part2
Last Lecture
•
•
•
•
•
•
•
•

Institutional theory/Frames
Institutional Logic
Institutional Void
Institutional Memory
Institutional work
Institutional entrepreneurship
Embedded Agency
Legitimacy
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Bricolage and Bricoleur
• How entrepreneurs find solutions from
nothing?
• How at times we are amazed by creations that
seems exemplary?
• How entrepreneurs manage conflicts within
organizations?
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
http://www.youtube.com/watch?v=D2enG7NzWgo
Activity 1
• You are a investment manager in a social
enterprise investment fund like Acumen Fund
• You have to make an investment of 100,000
dollars in a social business idea that generate
scalable social impact and is financially
sustainable
• Use your leanings from previous classes and
discuss with your colleagues
– How will you choose the organization to make an
impact investment?
Theories of Social Entrepreneurship Part2
What is Bricolage?
• Construction or creation of a work from diverse set of
things that happen to be available or a work created by
such a process
• Applying combinations of resources already at hand to new
problems and opportunities
• Bricolage is about making do with pre-existing
resources, and creating new products from the tools and
materials at hand. While bricolage has been identified in
prior literature this article makes the first attempt to
operationalize this construct in a formal test of hypotheses.
• Process involving the innovative use and combination of
resources to pursue opportunities to catalyze social change
and/or address social needs (Mair and Seelos, 2006)
Resource Mobilization in International Social Entrepreneurship:
Bricolage as a Mechanism of Institutional Transformation, DEsa
• The construction or creation of a work from a diverse
range of things that happen to be available. The core
meaning in French being, "fiddle, tinker" and, by
extension, "to make creative and resourceful use of
whatever materials are at hand (regardless of their
original purpose)”

• The word is the equivalent of the English do it yourself
and is seen on large shed retail outlets throughout
France.
• A person who engages in bricolage is a bricoleur
Who is a Bricoleur?
• Jack of all trades
• Produces a bricolage, that is a pieced
together, close-knit set of practices that provide
solutions to a problem in a concrete situation
• The Social Entrepreneur as Bricoleur uses the
resources available to him under contingent
situations .
• The Bricoleur is adept at performing a large
number of diverse tasks ranging from
research, analayis, networking, prototyping, mark
eting, project management, vision centric
Successful enterprise that use Bricolage
• Knowledge of resources and capabilities
• Analysis of capabilities and environment
requirements
• Risk taking and innovation
• Self correcting and feedback seeking
Theories of Social Entrepreneurship Part2
Theories of Social Entrepreneurship Part2
Institutional Bricolage
• This notion of institutional bricolage denote a
process whereby institutions are constructed
through borrowing practices and styles of
thought that are already part of existing
institutions
– Institutional entrepreneurs
– Embedded agency
Domenico,Haugh,Tracey 2010
• Making Do
– Creating something from nothing (e.g., new market or
service where none existed beforehand)
– Using discarded, disused, or unwanted resources for
new purposes
– Using hidden or untapped local resources that other
organizations fail to recognize

• Creation of Social Value
– Making adjustments
– Improving and adapting
• A refusal to be constrained by limitations
– Trying out solutions to counteract limitations imposed
by institutional/ political settings
– Subverting limitations imposed by available resource
environments in their ability to create social value

• Stakeholder Participation
–
–
–
–

Social networking activity
Adaptation of governance structures
Access to expertise/new contacts
Persuading stakeholders to leverage resources for the
enterprise
• Improvisation
– Adapting standard ways of working and creative
thinking to counteract environmental limitations links
with a refusal to be constrained by limitations
– Initiating a range of projects and constantly
responding to opportunities
– Embedded agency and community engagement

• Persuasion
– Influence derived from social legitimacy
– Political activity to control local agendas
– Aquisition of new resources from stakeholders
Theories of Social Entrepreneurship Part2
Baker, T., Nelson, R. E., & Carolina, N. (2013). Creating Something
from Nothing  Resource Construction through Entrepreneurial
:
Bricolage, 50(3), 329–366.
Baker, T., Nelson, R. E., & Carolina, N. (2013). Creating Something
from Nothing  Resource Construction through Entrepreneurial
:
Bricolage, 50(3), 329–366.
Resource Based View of the Firm
Tangible resources

Intangible
Resources

Organizational
Capabilities

Sustainable
Competiveness

Financial
resources, Assets

Reputation,
Legitimacy

Learning Capability

Rare

Human Resources

Brand,
Research and
Development
capability

Capital raising
capability

Difficult to
imitate

Patents,
technologies

Market Access,
Supply and
distribution

SupplierManufactureConsumer-Service
Network

Difficulty to
substitute
Form of Capital
•
•
•
•
•
•
•
•
•

Money
Public Capital
Social Network
Tourism
Culture
Arts
Environment well being
Health
Moral Capital
Yunus, M., Moingeon, B., & Lehmann-Ortega, L. (n.d.). Building Social
Business Models: Lessons from the Grameen Experience. Long Range
Planning, 43(2-3), 308–325. doi:10.1016/j.lrp.2009.12.005
Activity 2
• You are a management consultant for a Danish
MNC
• You have to advice Danish firm (your choice)
to partner (Joint venture) with a developing
country firm in creating innovative social
solutions
– Discuss using SWOT Analysis
Revise
• Institutional framework
• Bricolage and bricoleur
• Ressource based view

More Related Content

What's hot

Internationalization process
Internationalization processInternationalization process
Internationalization processVijyata Singh
 
Global factors influencing business
Global factors influencing businessGlobal factors influencing business
Global factors influencing businessmattbentley34
 
Globalization by umair farooq mughal
Globalization by umair farooq mughalGlobalization by umair farooq mughal
Globalization by umair farooq mughalUmair Farooq Mughal
 
COMPONENTS OF BUSINESS ENVIRONMENT-I.pptx
COMPONENTS OF BUSINESS ENVIRONMENT-I.pptxCOMPONENTS OF BUSINESS ENVIRONMENT-I.pptx
COMPONENTS OF BUSINESS ENVIRONMENT-I.pptxWebnovel1
 
International regulation of trade
International regulation of tradeInternational regulation of trade
International regulation of tradebearister2746
 
International organizational structure
International organizational structureInternational organizational structure
International organizational structureNinh Hai Nguyen
 
BUSINESS ETHICS AND SOCIAL RESPONSIBILITY slides pptx
BUSINESS ETHICS AND SOCIAL RESPONSIBILITY slides pptxBUSINESS ETHICS AND SOCIAL RESPONSIBILITY slides pptx
BUSINESS ETHICS AND SOCIAL RESPONSIBILITY slides pptxOsama Yousaf
 
Different modes of entry into international business
Different modes of entry into international businessDifferent modes of entry into international business
Different modes of entry into international businessSundar B N
 
Unit- 3: Lecture-8(international Labor Relations)
Unit- 3: Lecture-8(international Labor Relations)Unit- 3: Lecture-8(international Labor Relations)
Unit- 3: Lecture-8(international Labor Relations)Dr.B.B. Tiwari
 
Global Marketing Mix Strategy
Global Marketing Mix StrategyGlobal Marketing Mix Strategy
Global Marketing Mix StrategyShahzad Khan
 
Governmental influence on trade
 Governmental influence on trade  Governmental influence on trade
Governmental influence on trade Nishant Pahad
 
Internationalization
InternationalizationInternationalization
InternationalizationManoj Kumar
 
Concept of international business environment
Concept of international business environmentConcept of international business environment
Concept of international business environmentPinki Verma
 
International Business Modes
International Business ModesInternational Business Modes
International Business ModesPooja Tayal
 
CHAPTER 10 Export Modes
CHAPTER 10 Export ModesCHAPTER 10 Export Modes
CHAPTER 10 Export ModesHadi Pranoto
 

What's hot (20)

Ibm unit - iv
Ibm   unit - ivIbm   unit - iv
Ibm unit - iv
 
Internationalization process
Internationalization processInternationalization process
Internationalization process
 
Global factors influencing business
Global factors influencing businessGlobal factors influencing business
Global factors influencing business
 
Globalization by umair farooq mughal
Globalization by umair farooq mughalGlobalization by umair farooq mughal
Globalization by umair farooq mughal
 
COMPONENTS OF BUSINESS ENVIRONMENT-I.pptx
COMPONENTS OF BUSINESS ENVIRONMENT-I.pptxCOMPONENTS OF BUSINESS ENVIRONMENT-I.pptx
COMPONENTS OF BUSINESS ENVIRONMENT-I.pptx
 
International regulation of trade
International regulation of tradeInternational regulation of trade
International regulation of trade
 
International organizational structure
International organizational structureInternational organizational structure
International organizational structure
 
Multinational companies
Multinational companiesMultinational companies
Multinational companies
 
BUSINESS ETHICS AND SOCIAL RESPONSIBILITY slides pptx
BUSINESS ETHICS AND SOCIAL RESPONSIBILITY slides pptxBUSINESS ETHICS AND SOCIAL RESPONSIBILITY slides pptx
BUSINESS ETHICS AND SOCIAL RESPONSIBILITY slides pptx
 
Different modes of entry into international business
Different modes of entry into international businessDifferent modes of entry into international business
Different modes of entry into international business
 
Unit- 3: Lecture-8(international Labor Relations)
Unit- 3: Lecture-8(international Labor Relations)Unit- 3: Lecture-8(international Labor Relations)
Unit- 3: Lecture-8(international Labor Relations)
 
Global Marketing Mix Strategy
Global Marketing Mix StrategyGlobal Marketing Mix Strategy
Global Marketing Mix Strategy
 
Global Manufacturing and Material Management
Global Manufacturing and Material ManagementGlobal Manufacturing and Material Management
Global Manufacturing and Material Management
 
Chap001
Chap001Chap001
Chap001
 
Governmental influence on trade
 Governmental influence on trade  Governmental influence on trade
Governmental influence on trade
 
Internationalization
InternationalizationInternationalization
Internationalization
 
11-Management Science
11-Management Science11-Management Science
11-Management Science
 
Concept of international business environment
Concept of international business environmentConcept of international business environment
Concept of international business environment
 
International Business Modes
International Business ModesInternational Business Modes
International Business Modes
 
CHAPTER 10 Export Modes
CHAPTER 10 Export ModesCHAPTER 10 Export Modes
CHAPTER 10 Export Modes
 

Viewers also liked

theories of social entrepreneurship part1
 theories of social entrepreneurship part1 theories of social entrepreneurship part1
theories of social entrepreneurship part1Anirudh Agrawal
 
Theories of entrepreneurship
Theories of entrepreneurshipTheories of entrepreneurship
Theories of entrepreneurshipDilpreet Bathla
 
Institutional Theory of Moral Injury
Institutional Theory of Moral InjuryInstitutional Theory of Moral Injury
Institutional Theory of Moral InjurySwords to Plowshares
 
Social entrepreneurship workshop part 1
Social entrepreneurship workshop part 1Social entrepreneurship workshop part 1
Social entrepreneurship workshop part 1Anirudh Agrawal
 
Innovation for Inclusive and Sustainable Growth : case for Frugal Innovation
Innovation for Inclusive and Sustainable Growth :  case for Frugal Innovation Innovation for Inclusive and Sustainable Growth :  case for Frugal Innovation
Innovation for Inclusive and Sustainable Growth : case for Frugal Innovation Anirudh Agrawal
 
Theories of entrepreneurship
Theories of entrepreneurshipTheories of entrepreneurship
Theories of entrepreneurshipAkshay Ganbote
 
Institutions and institutional theory
Institutions and institutional theoryInstitutions and institutional theory
Institutions and institutional theoryTareq Ahmed
 
Five Stages of Social Entrepreneurship
Five Stages of Social EntrepreneurshipFive Stages of Social Entrepreneurship
Five Stages of Social EntrepreneurshipYutakaTanabe
 
Lecture 6 Social Entrepreneurship
Lecture 6   Social EntrepreneurshipLecture 6   Social Entrepreneurship
Lecture 6 Social EntrepreneurshipJames Carr
 

Viewers also liked (10)

theories of social entrepreneurship part1
 theories of social entrepreneurship part1 theories of social entrepreneurship part1
theories of social entrepreneurship part1
 
Theories of entrepreneurship
Theories of entrepreneurshipTheories of entrepreneurship
Theories of entrepreneurship
 
Institutional Theory of Moral Injury
Institutional Theory of Moral InjuryInstitutional Theory of Moral Injury
Institutional Theory of Moral Injury
 
Social entrepreneurship workshop part 1
Social entrepreneurship workshop part 1Social entrepreneurship workshop part 1
Social entrepreneurship workshop part 1
 
Innovation for Inclusive and Sustainable Growth : case for Frugal Innovation
Innovation for Inclusive and Sustainable Growth :  case for Frugal Innovation Innovation for Inclusive and Sustainable Growth :  case for Frugal Innovation
Innovation for Inclusive and Sustainable Growth : case for Frugal Innovation
 
Theories of entrepreneurship
Theories of entrepreneurshipTheories of entrepreneurship
Theories of entrepreneurship
 
Institutions and institutional theory
Institutions and institutional theoryInstitutions and institutional theory
Institutions and institutional theory
 
Five Stages of Social Entrepreneurship
Five Stages of Social EntrepreneurshipFive Stages of Social Entrepreneurship
Five Stages of Social Entrepreneurship
 
Social entrepreneurship
Social  entrepreneurshipSocial  entrepreneurship
Social entrepreneurship
 
Lecture 6 Social Entrepreneurship
Lecture 6   Social EntrepreneurshipLecture 6   Social Entrepreneurship
Lecture 6 Social Entrepreneurship
 

Similar to Theories of Social Entrepreneurship Part2

Changing the script, technology incubators as tech entrepreneurs social catal...
Changing the script, technology incubators as tech entrepreneurs social catal...Changing the script, technology incubators as tech entrepreneurs social catal...
Changing the script, technology incubators as tech entrepreneurs social catal...University of Stuttgart
 
Creating A Culture of Innovative
Creating A Culture of InnovativeCreating A Culture of Innovative
Creating A Culture of InnovativeSeta Wicaksana
 
Organizational Innovation – Barriers and Counter Measures
Organizational Innovation – Barriers and Counter MeasuresOrganizational Innovation – Barriers and Counter Measures
Organizational Innovation – Barriers and Counter MeasuresFelix Zappe
 
State of the Social Economy. What role does innovation play?
State of the Social Economy. What role does innovation play?State of the Social Economy. What role does innovation play?
State of the Social Economy. What role does innovation play?Mikolaj Norek
 
Schilling 2017 chapter two ( Sources of innovation )
Schilling 2017 chapter two ( Sources of innovation )Schilling 2017 chapter two ( Sources of innovation )
Schilling 2017 chapter two ( Sources of innovation )DeanaPutriSuharina
 
05 23-2018 - succeeding in the world of special librarianship final
05 23-2018 - succeeding in the world of special librarianship  final05 23-2018 - succeeding in the world of special librarianship  final
05 23-2018 - succeeding in the world of special librarianship finalStephen Abram
 
Inner Source Webinar Series: Open Source Community Development Methods
Inner Source Webinar Series: Open Source Community Development MethodsInner Source Webinar Series: Open Source Community Development Methods
Inner Source Webinar Series: Open Source Community Development MethodsBlack Duck by Synopsys
 
Product concept and design
Product concept and designProduct concept and design
Product concept and designEllaQuing
 
The Holy Trinity of Innovation
The Holy Trinity of InnovationThe Holy Trinity of Innovation
The Holy Trinity of InnovationFiliberto Amati
 
Frank Kresin - Waag Society
Frank Kresin - Waag SocietyFrank Kresin - Waag Society
Frank Kresin - Waag Societyinnovationhubs
 
Taking the next step: Building Organisational Co-design Capability
Taking the next step: Building Organisational Co-design CapabilityTaking the next step: Building Organisational Co-design Capability
Taking the next step: Building Organisational Co-design CapabilityPenny Hagen
 
Co ps and boingboing webinar july 2016
Co ps and boingboing webinar july 2016 Co ps and boingboing webinar july 2016
Co ps and boingboing webinar july 2016 Suze Cruttwell
 
Vikas Joshi doctoral research synopsis: 'The Coevolution of Technology Firms ...
Vikas Joshi doctoral research synopsis: 'The Coevolution of Technology Firms ...Vikas Joshi doctoral research synopsis: 'The Coevolution of Technology Firms ...
Vikas Joshi doctoral research synopsis: 'The Coevolution of Technology Firms ...Dr. Vikas Joshi
 
Leading to Innovation
Leading to InnovationLeading to Innovation
Leading to InnovationSaroj Behera
 
Leading to innovation
Leading to innovationLeading to innovation
Leading to innovationSAROJ BEHERA
 

Similar to Theories of Social Entrepreneurship Part2 (20)

Changing the script, technology incubators as tech entrepreneurs social catal...
Changing the script, technology incubators as tech entrepreneurs social catal...Changing the script, technology incubators as tech entrepreneurs social catal...
Changing the script, technology incubators as tech entrepreneurs social catal...
 
Creating A Culture of Innovative
Creating A Culture of InnovativeCreating A Culture of Innovative
Creating A Culture of Innovative
 
Selecting stakeholders
Selecting stakeholdersSelecting stakeholders
Selecting stakeholders
 
Why social?
Why social?Why social?
Why social?
 
Organizational Innovation – Barriers and Counter Measures
Organizational Innovation – Barriers and Counter MeasuresOrganizational Innovation – Barriers and Counter Measures
Organizational Innovation – Barriers and Counter Measures
 
Ideas management
Ideas managementIdeas management
Ideas management
 
2
22
2
 
State of the Social Economy. What role does innovation play?
State of the Social Economy. What role does innovation play?State of the Social Economy. What role does innovation play?
State of the Social Economy. What role does innovation play?
 
Schilling 2017 chapter two ( Sources of innovation )
Schilling 2017 chapter two ( Sources of innovation )Schilling 2017 chapter two ( Sources of innovation )
Schilling 2017 chapter two ( Sources of innovation )
 
05 23-2018 - succeeding in the world of special librarianship final
05 23-2018 - succeeding in the world of special librarianship  final05 23-2018 - succeeding in the world of special librarianship  final
05 23-2018 - succeeding in the world of special librarianship final
 
Inner Source Webinar Series: Open Source Community Development Methods
Inner Source Webinar Series: Open Source Community Development MethodsInner Source Webinar Series: Open Source Community Development Methods
Inner Source Webinar Series: Open Source Community Development Methods
 
Product concept and design
Product concept and designProduct concept and design
Product concept and design
 
The Holy Trinity of Innovation
The Holy Trinity of InnovationThe Holy Trinity of Innovation
The Holy Trinity of Innovation
 
Frank Kresin - Waag Society
Frank Kresin - Waag SocietyFrank Kresin - Waag Society
Frank Kresin - Waag Society
 
Leading expert organizations materials handout_day2_open
Leading expert organizations materials handout_day2_openLeading expert organizations materials handout_day2_open
Leading expert organizations materials handout_day2_open
 
Taking the next step: Building Organisational Co-design Capability
Taking the next step: Building Organisational Co-design CapabilityTaking the next step: Building Organisational Co-design Capability
Taking the next step: Building Organisational Co-design Capability
 
Co ps and boingboing webinar july 2016
Co ps and boingboing webinar july 2016 Co ps and boingboing webinar july 2016
Co ps and boingboing webinar july 2016
 
Vikas Joshi doctoral research synopsis: 'The Coevolution of Technology Firms ...
Vikas Joshi doctoral research synopsis: 'The Coevolution of Technology Firms ...Vikas Joshi doctoral research synopsis: 'The Coevolution of Technology Firms ...
Vikas Joshi doctoral research synopsis: 'The Coevolution of Technology Firms ...
 
Leading to Innovation
Leading to InnovationLeading to Innovation
Leading to Innovation
 
Leading to innovation
Leading to innovationLeading to innovation
Leading to innovation
 

More from Anirudh Agrawal

Career choices and planning
Career choices and planningCareer choices and planning
Career choices and planningAnirudh Agrawal
 
Research Funding and executive education opportunities for Indian Universities
Research Funding and executive education opportunities for Indian UniversitiesResearch Funding and executive education opportunities for Indian Universities
Research Funding and executive education opportunities for Indian UniversitiesAnirudh Agrawal
 
International Entrepreneurship
International EntrepreneurshipInternational Entrepreneurship
International EntrepreneurshipAnirudh Agrawal
 
Introduction to Social Entrepreneurship
Introduction to Social EntrepreneurshipIntroduction to Social Entrepreneurship
Introduction to Social EntrepreneurshipAnirudh Agrawal
 
Social entrepreneurship workshop Part 2
Social entrepreneurship workshop Part 2Social entrepreneurship workshop Part 2
Social entrepreneurship workshop Part 2Anirudh Agrawal
 
Business Model Analysis and Open Innovation
Business Model Analysis and Open InnovationBusiness Model Analysis and Open Innovation
Business Model Analysis and Open InnovationAnirudh Agrawal
 
Advocacy equality web 2.0
Advocacy equality web 2.0Advocacy equality web 2.0
Advocacy equality web 2.0Anirudh Agrawal
 
Web2.0 online activism crowdsourcing
Web2.0 online activism crowdsourcingWeb2.0 online activism crowdsourcing
Web2.0 online activism crowdsourcingAnirudh Agrawal
 

More from Anirudh Agrawal (12)

Career choices and planning
Career choices and planningCareer choices and planning
Career choices and planning
 
Fund uni anirudh
Fund uni anirudhFund uni anirudh
Fund uni anirudh
 
Research Funding and executive education opportunities for Indian Universities
Research Funding and executive education opportunities for Indian UniversitiesResearch Funding and executive education opportunities for Indian Universities
Research Funding and executive education opportunities for Indian Universities
 
International Entrepreneurship
International EntrepreneurshipInternational Entrepreneurship
International Entrepreneurship
 
impact Investment
impact Investmentimpact Investment
impact Investment
 
Introduction to Social Entrepreneurship
Introduction to Social EntrepreneurshipIntroduction to Social Entrepreneurship
Introduction to Social Entrepreneurship
 
Frugal Innovation
Frugal Innovation Frugal Innovation
Frugal Innovation
 
Social entrepreneurship workshop Part 2
Social entrepreneurship workshop Part 2Social entrepreneurship workshop Part 2
Social entrepreneurship workshop Part 2
 
Microfinance
MicrofinanceMicrofinance
Microfinance
 
Business Model Analysis and Open Innovation
Business Model Analysis and Open InnovationBusiness Model Analysis and Open Innovation
Business Model Analysis and Open Innovation
 
Advocacy equality web 2.0
Advocacy equality web 2.0Advocacy equality web 2.0
Advocacy equality web 2.0
 
Web2.0 online activism crowdsourcing
Web2.0 online activism crowdsourcingWeb2.0 online activism crowdsourcing
Web2.0 online activism crowdsourcing
 

Recently uploaded

Project Work on Consumer Behavior in Fast Food Restaurants. Their behavior to...
Project Work on Consumer Behavior in Fast Food Restaurants. Their behavior to...Project Work on Consumer Behavior in Fast Food Restaurants. Their behavior to...
Project Work on Consumer Behavior in Fast Food Restaurants. Their behavior to...BilalAhmed717
 
Shopclues: Failure & Solutions in Business Model
Shopclues: Failure & Solutions in Business ModelShopclues: Failure & Solutions in Business Model
Shopclues: Failure & Solutions in Business ModelBhaviniSharma12
 
ICv2 Hobby Games White Paper 2024 - State of the Industry
ICv2 Hobby Games White Paper 2024 - State of the IndustryICv2 Hobby Games White Paper 2024 - State of the Industry
ICv2 Hobby Games White Paper 2024 - State of the IndustryDennisViau
 
3BBE: THE FUTURE OF ECOMMERCE PRESENTATION - LOUIS MALAYBALAY
3BBE: THE FUTURE OF ECOMMERCE PRESENTATION - LOUIS MALAYBALAY3BBE: THE FUTURE OF ECOMMERCE PRESENTATION - LOUIS MALAYBALAY
3BBE: THE FUTURE OF ECOMMERCE PRESENTATION - LOUIS MALAYBALAYLouis Malaybalay
 
NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi_compress...
NewBase  14 March  2024  Energy News issue - 1707 by Khaled Al Awadi_compress...NewBase  14 March  2024  Energy News issue - 1707 by Khaled Al Awadi_compress...
NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi_compress...Khaled Al Awadi
 
How The Hustle Milestone Referral Program Got 300K Subscribers
How The Hustle Milestone Referral Program Got 300K SubscribersHow The Hustle Milestone Referral Program Got 300K Subscribers
How The Hustle Milestone Referral Program Got 300K SubscribersFlyyx Tech
 
Reframing Requirements: A Strategic Approach to Requirement Definition, with ...
Reframing Requirements: A Strategic Approach to Requirement Definition, with ...Reframing Requirements: A Strategic Approach to Requirement Definition, with ...
Reframing Requirements: A Strategic Approach to Requirement Definition, with ...Jake Truemper
 
PHX Corporate Presentation March 2024 Final
PHX Corporate Presentation March 2024 FinalPHX Corporate Presentation March 2024 Final
PHX Corporate Presentation March 2024 FinalPanhandleOilandGas
 
14 march 2024-capital-markets-update eni.pdf
14 march 2024-capital-markets-update eni.pdf14 march 2024-capital-markets-update eni.pdf
14 march 2024-capital-markets-update eni.pdfEni
 
Green Innovations: Wristbands Ireland's Eco-Friendly Products
Green Innovations: Wristbands Ireland's Eco-Friendly ProductsGreen Innovations: Wristbands Ireland's Eco-Friendly Products
Green Innovations: Wristbands Ireland's Eco-Friendly ProductsWristbands Ireland
 
unfinished legacy it is a clothing brand
unfinished legacy it is a clothing brandunfinished legacy it is a clothing brand
unfinished legacy it is a clothing brandakashm530190
 
Olympus 38DL Plus Ultrasonic Thickness Gauge
Olympus 38DL Plus Ultrasonic Thickness GaugeOlympus 38DL Plus Ultrasonic Thickness Gauge
Olympus 38DL Plus Ultrasonic Thickness GaugeStephenKim86
 
Unleashing the Power of Fandom: A Short Guide to Fan Business
Unleashing the Power of Fandom: A Short Guide to Fan BusinessUnleashing the Power of Fandom: A Short Guide to Fan Business
Unleashing the Power of Fandom: A Short Guide to Fan Businesstompeter3736
 
Business Models and Business Model Innovation
Business Models and Business Model InnovationBusiness Models and Business Model Innovation
Business Models and Business Model InnovationMichal Hron
 
Mist Cooling & Fogging System Company in Saudi Arabia
Mist Cooling & Fogging System Company in Saudi ArabiaMist Cooling & Fogging System Company in Saudi Arabia
Mist Cooling & Fogging System Company in Saudi Arabiaopstechsanjanasingh
 
EPC Contractors aspects Presentation.pdf
EPC Contractors  aspects Presentation.pdfEPC Contractors  aspects Presentation.pdf
EPC Contractors aspects Presentation.pdfGiuseppe Tommasone
 
The 10 Most Influential Women Making Difference In 2024.pdf
The 10 Most Influential Women Making Difference In 2024.pdfThe 10 Most Influential Women Making Difference In 2024.pdf
The 10 Most Influential Women Making Difference In 2024.pdfInsightsSuccess4
 
A Case Study On SQUARE GROUP Bangladesh.pdf
A Case Study On SQUARE GROUP Bangladesh.pdfA Case Study On SQUARE GROUP Bangladesh.pdf
A Case Study On SQUARE GROUP Bangladesh.pdfmeftaul987
 
NVIDIA's overall business overview Presentation.pptx
NVIDIA's overall business overview Presentation.pptxNVIDIA's overall business overview Presentation.pptx
NVIDIA's overall business overview Presentation.pptxKrutik Rakade
 
Bus Eth ch3 ppt.ppt business ethics and corporate social responsibilities ppt
Bus Eth ch3 ppt.ppt business ethics and corporate social responsibilities pptBus Eth ch3 ppt.ppt business ethics and corporate social responsibilities ppt
Bus Eth ch3 ppt.ppt business ethics and corporate social responsibilities pptendeworku
 

Recently uploaded (20)

Project Work on Consumer Behavior in Fast Food Restaurants. Their behavior to...
Project Work on Consumer Behavior in Fast Food Restaurants. Their behavior to...Project Work on Consumer Behavior in Fast Food Restaurants. Their behavior to...
Project Work on Consumer Behavior in Fast Food Restaurants. Their behavior to...
 
Shopclues: Failure & Solutions in Business Model
Shopclues: Failure & Solutions in Business ModelShopclues: Failure & Solutions in Business Model
Shopclues: Failure & Solutions in Business Model
 
ICv2 Hobby Games White Paper 2024 - State of the Industry
ICv2 Hobby Games White Paper 2024 - State of the IndustryICv2 Hobby Games White Paper 2024 - State of the Industry
ICv2 Hobby Games White Paper 2024 - State of the Industry
 
3BBE: THE FUTURE OF ECOMMERCE PRESENTATION - LOUIS MALAYBALAY
3BBE: THE FUTURE OF ECOMMERCE PRESENTATION - LOUIS MALAYBALAY3BBE: THE FUTURE OF ECOMMERCE PRESENTATION - LOUIS MALAYBALAY
3BBE: THE FUTURE OF ECOMMERCE PRESENTATION - LOUIS MALAYBALAY
 
NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi_compress...
NewBase  14 March  2024  Energy News issue - 1707 by Khaled Al Awadi_compress...NewBase  14 March  2024  Energy News issue - 1707 by Khaled Al Awadi_compress...
NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi_compress...
 
How The Hustle Milestone Referral Program Got 300K Subscribers
How The Hustle Milestone Referral Program Got 300K SubscribersHow The Hustle Milestone Referral Program Got 300K Subscribers
How The Hustle Milestone Referral Program Got 300K Subscribers
 
Reframing Requirements: A Strategic Approach to Requirement Definition, with ...
Reframing Requirements: A Strategic Approach to Requirement Definition, with ...Reframing Requirements: A Strategic Approach to Requirement Definition, with ...
Reframing Requirements: A Strategic Approach to Requirement Definition, with ...
 
PHX Corporate Presentation March 2024 Final
PHX Corporate Presentation March 2024 FinalPHX Corporate Presentation March 2024 Final
PHX Corporate Presentation March 2024 Final
 
14 march 2024-capital-markets-update eni.pdf
14 march 2024-capital-markets-update eni.pdf14 march 2024-capital-markets-update eni.pdf
14 march 2024-capital-markets-update eni.pdf
 
Green Innovations: Wristbands Ireland's Eco-Friendly Products
Green Innovations: Wristbands Ireland's Eco-Friendly ProductsGreen Innovations: Wristbands Ireland's Eco-Friendly Products
Green Innovations: Wristbands Ireland's Eco-Friendly Products
 
unfinished legacy it is a clothing brand
unfinished legacy it is a clothing brandunfinished legacy it is a clothing brand
unfinished legacy it is a clothing brand
 
Olympus 38DL Plus Ultrasonic Thickness Gauge
Olympus 38DL Plus Ultrasonic Thickness GaugeOlympus 38DL Plus Ultrasonic Thickness Gauge
Olympus 38DL Plus Ultrasonic Thickness Gauge
 
Unleashing the Power of Fandom: A Short Guide to Fan Business
Unleashing the Power of Fandom: A Short Guide to Fan BusinessUnleashing the Power of Fandom: A Short Guide to Fan Business
Unleashing the Power of Fandom: A Short Guide to Fan Business
 
Business Models and Business Model Innovation
Business Models and Business Model InnovationBusiness Models and Business Model Innovation
Business Models and Business Model Innovation
 
Mist Cooling & Fogging System Company in Saudi Arabia
Mist Cooling & Fogging System Company in Saudi ArabiaMist Cooling & Fogging System Company in Saudi Arabia
Mist Cooling & Fogging System Company in Saudi Arabia
 
EPC Contractors aspects Presentation.pdf
EPC Contractors  aspects Presentation.pdfEPC Contractors  aspects Presentation.pdf
EPC Contractors aspects Presentation.pdf
 
The 10 Most Influential Women Making Difference In 2024.pdf
The 10 Most Influential Women Making Difference In 2024.pdfThe 10 Most Influential Women Making Difference In 2024.pdf
The 10 Most Influential Women Making Difference In 2024.pdf
 
A Case Study On SQUARE GROUP Bangladesh.pdf
A Case Study On SQUARE GROUP Bangladesh.pdfA Case Study On SQUARE GROUP Bangladesh.pdf
A Case Study On SQUARE GROUP Bangladesh.pdf
 
NVIDIA's overall business overview Presentation.pptx
NVIDIA's overall business overview Presentation.pptxNVIDIA's overall business overview Presentation.pptx
NVIDIA's overall business overview Presentation.pptx
 
Bus Eth ch3 ppt.ppt business ethics and corporate social responsibilities ppt
Bus Eth ch3 ppt.ppt business ethics and corporate social responsibilities pptBus Eth ch3 ppt.ppt business ethics and corporate social responsibilities ppt
Bus Eth ch3 ppt.ppt business ethics and corporate social responsibilities ppt
 

Theories of Social Entrepreneurship Part2

  • 2. Last Lecture • • • • • • • • Institutional theory/Frames Institutional Logic Institutional Void Institutional Memory Institutional work Institutional entrepreneurship Embedded Agency Legitimacy
  • 8. • How entrepreneurs find solutions from nothing? • How at times we are amazed by creations that seems exemplary? • How entrepreneurs manage conflicts within organizations?
  • 27. Activity 1 • You are a investment manager in a social enterprise investment fund like Acumen Fund • You have to make an investment of 100,000 dollars in a social business idea that generate scalable social impact and is financially sustainable • Use your leanings from previous classes and discuss with your colleagues – How will you choose the organization to make an impact investment?
  • 29. What is Bricolage? • Construction or creation of a work from diverse set of things that happen to be available or a work created by such a process • Applying combinations of resources already at hand to new problems and opportunities • Bricolage is about making do with pre-existing resources, and creating new products from the tools and materials at hand. While bricolage has been identified in prior literature this article makes the first attempt to operationalize this construct in a formal test of hypotheses. • Process involving the innovative use and combination of resources to pursue opportunities to catalyze social change and/or address social needs (Mair and Seelos, 2006) Resource Mobilization in International Social Entrepreneurship: Bricolage as a Mechanism of Institutional Transformation, DEsa
  • 30. • The construction or creation of a work from a diverse range of things that happen to be available. The core meaning in French being, "fiddle, tinker" and, by extension, "to make creative and resourceful use of whatever materials are at hand (regardless of their original purpose)” • The word is the equivalent of the English do it yourself and is seen on large shed retail outlets throughout France. • A person who engages in bricolage is a bricoleur
  • 31. Who is a Bricoleur? • Jack of all trades • Produces a bricolage, that is a pieced together, close-knit set of practices that provide solutions to a problem in a concrete situation • The Social Entrepreneur as Bricoleur uses the resources available to him under contingent situations . • The Bricoleur is adept at performing a large number of diverse tasks ranging from research, analayis, networking, prototyping, mark eting, project management, vision centric
  • 32. Successful enterprise that use Bricolage • Knowledge of resources and capabilities • Analysis of capabilities and environment requirements • Risk taking and innovation • Self correcting and feedback seeking
  • 35. Institutional Bricolage • This notion of institutional bricolage denote a process whereby institutions are constructed through borrowing practices and styles of thought that are already part of existing institutions – Institutional entrepreneurs – Embedded agency
  • 36. Domenico,Haugh,Tracey 2010 • Making Do – Creating something from nothing (e.g., new market or service where none existed beforehand) – Using discarded, disused, or unwanted resources for new purposes – Using hidden or untapped local resources that other organizations fail to recognize • Creation of Social Value – Making adjustments – Improving and adapting
  • 37. • A refusal to be constrained by limitations – Trying out solutions to counteract limitations imposed by institutional/ political settings – Subverting limitations imposed by available resource environments in their ability to create social value • Stakeholder Participation – – – – Social networking activity Adaptation of governance structures Access to expertise/new contacts Persuading stakeholders to leverage resources for the enterprise
  • 38. • Improvisation – Adapting standard ways of working and creative thinking to counteract environmental limitations links with a refusal to be constrained by limitations – Initiating a range of projects and constantly responding to opportunities – Embedded agency and community engagement • Persuasion – Influence derived from social legitimacy – Political activity to control local agendas – Aquisition of new resources from stakeholders
  • 40. Baker, T., Nelson, R. E., & Carolina, N. (2013). Creating Something from Nothing  Resource Construction through Entrepreneurial : Bricolage, 50(3), 329–366.
  • 41. Baker, T., Nelson, R. E., & Carolina, N. (2013). Creating Something from Nothing  Resource Construction through Entrepreneurial : Bricolage, 50(3), 329–366.
  • 42. Resource Based View of the Firm Tangible resources Intangible Resources Organizational Capabilities Sustainable Competiveness Financial resources, Assets Reputation, Legitimacy Learning Capability Rare Human Resources Brand, Research and Development capability Capital raising capability Difficult to imitate Patents, technologies Market Access, Supply and distribution SupplierManufactureConsumer-Service Network Difficulty to substitute
  • 43. Form of Capital • • • • • • • • • Money Public Capital Social Network Tourism Culture Arts Environment well being Health Moral Capital
  • 44. Yunus, M., Moingeon, B., & Lehmann-Ortega, L. (n.d.). Building Social Business Models: Lessons from the Grameen Experience. Long Range Planning, 43(2-3), 308–325. doi:10.1016/j.lrp.2009.12.005
  • 45. Activity 2 • You are a management consultant for a Danish MNC • You have to advice Danish firm (your choice) to partner (Joint venture) with a developing country firm in creating innovative social solutions – Discuss using SWOT Analysis
  • 46. Revise • Institutional framework • Bricolage and bricoleur • Ressource based view