Founding team entrepreneurial experience, external financing and social enterprise performance

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Sahasranamam, Sreevas and Lall, Saurabh and Nicolopoulou, Katerina and Shaw, Eleanor (2024) Founding team entrepreneurial experience, external financing and social enterprise performance. British Journal of Management, 35 (1). pp. 519-536. ISSN 1045-3172 (https://doi.org/10.1111/1467-8551.12726)

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Abstract

This paper examines the influence of founding team entrepreneurial experience (for-profit and non-profit) on social enterprise performance, and considers the contingent effects of two forms of external financial capital (commercial and philanthropic finance), through the lens of both human capital and institutional logics. Using a global dataset of social enterprises, we find that non-profit entrepreneurial experience boosts social enterprise performance. Additionally, we find that having a complementary institutional logics (social or commercial) fit between the founding team’s human capital and external financial capital is positively associated with social enterprise performance.

ORCID iDs

Sahasranamam, Sreevas ORCID logoORCID: https://orcid.org/0000-0001-9418-4493, Lall, Saurabh, Nicolopoulou, Katerina ORCID logoORCID: https://orcid.org/0000-0003-2634-5296 and Shaw, Eleanor ORCID logoORCID: https://orcid.org/0000-0002-6614-6729;
CORE (COnnecting REpositories)