How to Grow Successful Social Entrepreneurship Firms? Key Ideas from Complexity Theory

摘要

Social entrepreneurship (SE) is increasingly popular in academia and practice, but unified theoretical explanations about the performance of social entrepreneurship firms (SEFs) is missing (Santos, 2012). This deficiency motivates us to theorize about SE from a complexity science perspective. We draw from complexity science to analyze and explain how SEFs emerge, achieve performance, and grow. We link complexity science with SE so as to add explanatory value as well as offering guidelines for better SEF performance toward achieving social objectives while avoiding the chasm of chaos. Our theoretical framework offers complexity insights for building effective networks, and accountability, as well as for improving trust, legitimacy, and sound governance. Drawing on complexity theory to better explain the key elements necessary for improving SEFs' performance and growth, enhances the probability of meeting the challenge of the so-called 'double bottom-line': achieving continuous positive social impacts while attaining financial health.