Friday 2 August 2013

Social and Commercial Ventures: A Comparative Analysis of Sustainability

an article by Eli Gimmon (Department of Economics and Management, Tel-Hai College, Upper Galilee, Israel) and Shimon Spiro (Department of Economics and Management, Tel-Hai College, Upper Galilee, Israel and Tel-Aviv University, Tel-Aviv, Israel) published in Journal of Social Entrepreneurship Volume 4 Issue 2 (July 2013)

Abstract

This study explores common and different aspects of sustainability, in terms of survival and growth, between social and commercial ventures.

The effects of nonhuman factors between a sample of social ventures and a sample of commercial ventures taken from the same environment in Israel were compared.

Social ventures showed higher likelihood to survive and grow.

Findings exhibit interesting similarities between the two types of entrepreneurship in regard to the significant effect of early market or community acceptance and the non-effect of early funding diversity on venture long-term sustainability.

Further research is suggested to substantiate these findings and to explore other aspects of comparison between social and commercial entrepreneurship.

Hazel’s comment:
There would, of course, also need to be research to ensure that the findings are replicable in other environments, e.g. the UK.



No comments: