A centennial cross-national venture creation model for social entrepreneurs

Mukasa, Afsa and Nicolopoulou, Katerina and Sahasranamam, Sreevas (2021) A centennial cross-national venture creation model for social entrepreneurs. In: 9th IPMA Research Conference, 2021-06-12 - 2021-06-13, Online. (In Press)

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Abstract

Although scantily documented in specific contexts, the entrepreneurial process in cross-national frameworks embeds accelerating synergies from networks which increasingly break barriers. In response to McManus (2001), this empirical study demonstrates a gender-driven venture creation process that addresses informality. Descriptive phenomenology is engaged in a participatory research construct to showcase interactions at complimentary layers of political, economic and social engagement in a narrative dominated by eight interdependent levers. The findings attest that despite pre-existing and emerging barriers: women make great leaders and accelerators in organization, with an under-utilized capacity to positively transform society especially in the developing world. By integrating practicality of businesses with technicality of professions, they unlock and capitalize on the huge potential that lurks between formal and informal sectors. Significance of the model also lies in reduced over-regulation whereby social capital plays a leading role backed by financial capital in a balance between where solutions are needed the most and where opportunity creates greater multiplier effects. It embeds unique attributes that enable role formation and reciprocal combinations which ultimately drive venture success. Both historic and futuristic, it exhibits a high level of precision and replicability further evidenced by a wide coverage of sustainable development goals. Beyond the complexity of globalization it promotes global equality.

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