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Open Access research with a European policy impact...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by Strathclyde researchers, including by researchers from the European Policies Research Centre (EPRC).

EPRC is a leading institute in Europe for comparative research on public policy, with a particular focus on regional development policies. Spanning 30 European countries, EPRC research programmes have a strong emphasis on applied research and knowledge exchange, including the provision of policy advice to EU institutions and national and sub-national government authorities throughout Europe.

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Risking more than money? Entrepreneurial orientation in the social context

Balan-Vnuk, Eva and Chalmers, Dominic (2012) Risking more than money? Entrepreneurial orientation in the social context. In: Babson Kaufmann Entrepreneurship Conference, 2012-06-06 - 2012-06-09. (In Press)

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Abstract

Nonprofit organizations (NPOs) exhibit entrepreneurial behavior that assists them in creating social value. Entrepreneurial orientation (EO) has served as a valuable framework to measure the entrepreneurial proclivity of for-profit firms; scholars suggest however that current EO scales be adapted to take into account the specific antecedents and outcomes unique to the social context. Using multiple case studies of socially entrepreneurial NPOs in Australia and the United Kingdom, this paper investigates the manifestation of risk taking in the social context. The findings reveal a multidimensional manifestation of risk that incorporates both pecuniary and non-pecuniary dimensions, as well as various mitigation tactics employed by entrepreneurial NPOs to maintain legitimacy and satisfy multiple stakeholders.