Social entrepreneurship finance: the gaps in an innovative discipline

Affiliation auteursAffiliation ok
TitreSocial entrepreneurship finance: the gaps in an innovative discipline
Type de publicationJournal Article
Year of Publication2022
AuteursParekh N, Attuel-mendes L
JournalINTERNATIONAL JOURNAL OF ENTREPRENEURIAL BEHAVIOR & RESEARCH
Volume28
Pagination83-108
Date PublishedJAN 20
Type of ArticleArticle
ISSN1355-2554
Mots-clésCross-cultural analysis, Entrepreneurial education, financing, Social entrepreneurship, Social entrepreneurship education, Social finance
Résumé

Purpose Social entrepreneurship is gaining increased attention from academia and practitioners worldwide. Owing to its financing challenges, academic pedagogies are seeking methods to strengthen the social financing dimension of this emerging discipline. This paper bridges the gap in social entrepreneurship education by portraying diverse perspectives on this topic from multiple actors in two cross-cultural contexts. Design/methodology/approach A qualitative case analysis was conducted to explore financing aspects of social entrepreneurship in France and the United States. The authors interviewed academicians and practitioners to learn about their current experiments and thoughts on integrating finance into the curriculum for social entrepreneurship. Findings The authors found multiple facets of the social entrepreneurship finance construct, focused not only on specific financial skills but also on a general approach to venture designs. Multidisciplinary knowledge is sought not just on the topic of finance but also in other disciplines that can broaden its scope of financing to a larger investor domain. While in France, this came out as a need for integrating the financial communication skills to personify the social value creation process; in the US, it was pointed out as the need for having a contractual knowledge to differentiate investment opportunities and comprehend their risks levels. Originality/value By bringing perspectives from multiple actors who have had experience in social entrepreneurship financing in regions with the fastest development, this paper is seminal in bridging the financing skill gaps that exist in social entrepreneurship discipline. The main theoretical contribution of this article concerns the skills, financial and otherwise that are useful in social finance.

DOI10.1108/IJEBR-05-2021-0397