“Innovative Funds are more than money” - A Case Study of Specialisterne’s experience in networks of innovative funds in relations to organization growth

Simona Gulbinaite, Sebahate Asani, Ka Man Chan & Chiara Ronchini

Studenteropgave: Masterprojekt


Social innovation has become a prevalent phenomenon to suggest solutions to unmet social needs and global challenges with new ideas and practices. The emergence of social entrepreneurship has become an important mechanism to practice social innovation in areas deemed unprofitable by the market and neglected by the state. Increasing number of funds appear to support social innovation and social entrepreneurship with financial capital. Besides, they also provide non-financial supports, such as business consultancy, knowledge sharing and social networks to enhance the performance and capacity of social entrepreneurs and social enterprises.
With different non-financial support, different network structures have been observed. Some social enterprises join various networks to obtain resources for growth and development. Therefore, this research study sought to investigate how different network characteristics influence resource acquisition during different stages of the life cycle of social innovation. Two interviews have been conducted from the perspectives of networks - Ashoka Scandinavia and The Social Capital Fund, while another interview was conducted with the social enterprise that participates in both networks - Specialisterne.
The life cycle of social innovation was adopted to explain the development and dissemination of social innovation in relation to the business development stage of social enterprises. Social network theory was used to differentiate the characteristics of network in terms of affiliation network and intra / inter-industry network. The bridging and bonding social capital to explain the resource acquisition patterns.
Main findings have identified different networks possess different objectives in supporting the social enterprises in relation to survival, sustainability and systemic change, leading to different resources provision and generation. Therefore, a social enterprise needs a mix of different networks throughout its business life cycle in order to obtain the right resources for achieving the specific goals of each stage.

UddannelserMaster i Socialt Entreprenørskab og Management (SEM), (Masteruddannelse) Master
Udgivelsesdato27 maj 2016
Antal sider62
VejledereMargit Neisig