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?
28.
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
33.
34.
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
39.
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
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
