The Sustainable Success and Growth of Social Ventures: Their Internal and External Factors
Autor: | Jinhee Lee, Timothy J. Lee, Jisong Kim |
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Rok vydání: | 2021 |
Předmět: |
Sustainable development
Korea Knowledge management Environmental effects of industries and plants Axial coding Renewable Energy Sustainability and the Environment business.industry Geography Planning and Development TJ807-830 Management Monitoring Policy and Law Business model sustainability TD194-195 Social issues Renewable energy sources Grounded theory social venture Environmental sciences sustainable ecosystem Sustainability GE1-350 Social venture business grounded theory Qualitative research |
Zdroj: | Sustainability, Vol 13, Iss 5005, p 5005 (2021) Sustainability Volume 13 Issue 9 |
ISSN: | 2071-1050 |
DOI: | 10.3390/su13095005 |
Popis: | The social venture ecosystem is important for the growth and sustainability of social ventures. This study aims to expand our understanding of the sustainable success and growth of social ventures by analyzing both their internal and external factors using interviews with social venture entrepreneurs and stakeholders in the ecosystem. A qualitative research method is employed to examine the interviewees’ perspectives, and the data were analyzed using the framework of grounded theory. The three-step grounded theory process was performed via open coding, axial coding, and selective coding. The study findings are drawn by organizing the outline according to this coding method. Entrepreneurs’ awareness and willingness to solve social problems led to a sense of challenge, and the formation and maintenance of business models in the preparation stage positively affected the performance of social ventures through internal corporate resources and external cooperation. The study is of academic significance in that it presents a diversified dynamic concept of sustainability of social ventures compared to previous studies, which have been only fragmented studies. It also presents a number of managerial implications for sustainable development and the constant growth of social ventures. |
Databáze: | OpenAIRE |
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