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Efforts have been made to improve the performance of social enterprises through many studies on social entrepreneurs and social entrepreneurship. However, previous studies have conceptualized social entrepreneurship based on researches on commercial entrepreneurs. In addition, the scale used in the analysis of social entrepreneurship focuses primarily on behavioral aspects. Although the social and economic values pursued by social enterprises are important virtues for social entrepreneurs, research on the value orientation of social entrepreneurship is insufficient. The essence of a social enterprise is creating social value based on financial sustainability, so the concept of blended value has been recently emphasized. This study analyzed the relationships among blended value orientation, social entrepreneurship, and the performance of social enterprises. The results indicate that the blended value orientation of social entrepreneurs influenced social entrepreneurship and performance; social entrepreneurship fully mediated blended value orientation and performance. These findings suggest that it is important to focus on the blended value orientation of social entrepreneurs and social entrepreneurship in the promotion and policies of social enterprises.
Changhwan Shin; Jungkyu Park. How Social Entrepreneurs’ Value Orientation Affects the Performance of Social Enterprises in Korea: The Mediating Effect of Social Entrepreneurship. Sustainability 2019, 11, 5341 .
AMA StyleChanghwan Shin, Jungkyu Park. How Social Entrepreneurs’ Value Orientation Affects the Performance of Social Enterprises in Korea: The Mediating Effect of Social Entrepreneurship. Sustainability. 2019; 11 (19):5341.
Chicago/Turabian StyleChanghwan Shin; Jungkyu Park. 2019. "How Social Entrepreneurs’ Value Orientation Affects the Performance of Social Enterprises in Korea: The Mediating Effect of Social Entrepreneurship." Sustainability 11, no. 19: 5341.
Culture is a key driving force in enhancing organizational performance. The results of recent studies indicate the importance of managers having the capacity to understand organizational culture and link it to organizational performance improvement. This study aims to examine the relationship between organizational culture and performance improvement in social enterprises. In the past, organizational culture was described in terms of a single dimension, but it is now understood that different cultures reflect different values and beliefs, in a seemingly contradictory manner, and can coexist within any given organization. We analyze the relationships among social enterprise networking, performance, and organizational culture, using the four organizational culture classifications of the competing values framework, which reflects recent perspectives. A survey was conducted among 100 social entrepreneurs, and latent profile analysis was applied to the data. The analytical results identify four latent profiles—namely, strong-balanced, weak-balanced, hierarchical, and group-dominant—and show that a balanced culture fosters high-level socioeconomic performance.
Changhwan Shin; Jungkyu Park. Classifying Social Enterprises with Organizational Culture, Network and Socioeconomic Performance: Latent Profile Analysis Approach. Journal of Open Innovation: Technology, Market, and Complexity 2019, 5, 17 .
AMA StyleChanghwan Shin, Jungkyu Park. Classifying Social Enterprises with Organizational Culture, Network and Socioeconomic Performance: Latent Profile Analysis Approach. Journal of Open Innovation: Technology, Market, and Complexity. 2019; 5 (1):17.
Chicago/Turabian StyleChanghwan Shin; Jungkyu Park. 2019. "Classifying Social Enterprises with Organizational Culture, Network and Socioeconomic Performance: Latent Profile Analysis Approach." Journal of Open Innovation: Technology, Market, and Complexity 5, no. 1: 17.
Schumpeter argued that entrepreneurship brings about creative destruction in capitalist economies. South Korea enacted the Social Enterprise Promotion Act in 2007 to promote corporate social enterprise. However, despite government support, social enterprises in Korea are not successful, especially in social and economic performance, which is defined as the social and economic value that social enterprises should pursue. A questionnaire survey was conducted among 100 social entrepreneurs, and the structural equation model was used as the research method. The results of the analysis are as follows. Openness and innovativeness have a positive direct impact on economic as well as social performance. In addition, openness and innovativeness play a mediating role not only in social performance, but also in economic performance. This paper suggests theoretical and policy implications based on the above analysis.
Changhwan Shin. How Social Entrepreneurs Affect Performance of Social Enterprises in Korea: The Mediating Effect of Innovativeness. Sustainability 2018, 10, 2643 .
AMA StyleChanghwan Shin. How Social Entrepreneurs Affect Performance of Social Enterprises in Korea: The Mediating Effect of Innovativeness. Sustainability. 2018; 10 (8):2643.
Chicago/Turabian StyleChanghwan Shin. 2018. "How Social Entrepreneurs Affect Performance of Social Enterprises in Korea: The Mediating Effect of Innovativeness." Sustainability 10, no. 8: 2643.