| Abstrakt: |
With the global economic problems, business failure rates have increased, as well as social disparities and poverty rates, especially in the developing countries. To help solve these problems, social entrepreneurs and Social and Solidarity Economy (SSE) businesses can combine economic profits with solidarity and social utility, sustainable development goals through the reduction of unemployment, poverty rates, and the promotion of economic and social justice. The objective of this study is to determine the critical factors responsible for the success or failure of SSE businesses in developing economies. The data collection methodology is survey research sending email questionnaires and telephone call interviews with 210 SSEs. Variable include the Lussier 15 validated measures, and we have added Internet use, methods of financing, business networks, and governance to improve the model. Logistic regression was used to test the ability of the model to predict the success or failure of SSE businesses. The preliminary results support the validity of the revised Lussier model. This study contributes to theory by adding to the literature on resource-based theory, and it improves the Lussier success vs. failure prediction model and its overall validity. The model has practical implications as it allows public policy makers and the various actors of the SSE including financial institutions, public organizations, and lenders to have to have a beter understanding of the critical factors that influence the performance of SSE businesses. The model can also help improve the allocation of resources to help grow economies globally, especially in developing countries. [ABSTRACT FROM AUTHOR] |
