Financing social entrepreneurship: A franchising approach

dc.contributor.authorMarnoto, Sandra
dc.contributor.authorCarvalho, João M. S.
dc.contributor.authorSousa, Célio A. A.
dc.date.accessioned2020-02-05T15:21:44Z
dc.date.available2020-02-05T15:21:44Z
dc.date.issued2019
dc.description.abstractSocial organizations mainly cope with social problems that the markets and the states have trouble or even fail to solve and, therefore, social entrepreneurs have been emerging in different locations throughout the world (OECD, 2010). Instead of being driven by financial returns, social organizations are focused on creating social and/or cultural values and they are not moved by its appropriation (European Commission, 2013). Regardless of its non-profitable nature, a social enterprise needs to be financially sustainable, if it is to reach its social goals. However, it is well acknowledged that social organizations struggle to be financially independent through income generation (Zafareiropoulou & Koufopoulos, 2012). As an example, in a recent survey performed to NGO’s operating in Portugal (Project Entrance, 2018), social entrepreneurs have identified financing, as among the most critical problems they have to face. Therefore, social entrepreneurs must look for ingenious ways to solve their financial constraints. In this framework, social franchising has emerged as a strategy to overcome this problem. Moreover, franchising has also been adopted by non-profit organizations as a strategy for growth (Meuter, 2008). The alliance in a network of small social organizations allows them to gather the advantages of big organizations namely in terms of access to capital sources and rapid growth (Zafareiropoulou and Koufopoulos, 2012). However, in spite of the apparent auspicious solution it presents to social entrepreneurship, the franchising arrangements have been showing high failure rates in the social sector (Meuter, 2008). (...)pt_PT
dc.identifier.citationMarnoto, S., Carvalho, J. M. S., & Sousa, C. A. A. (2019). Financing social entrepreneurship: A franchising approach. In F. Lüdeke-Freund, & T. Froese (Eds.), Full Conference Proceedings of the 4th International Conference on New Business Models, New Business Models for Sustainable Entrepreneurship, Innovation, and Transformation (pp. 374-376), Zurique, Suíça, 1-3 july 2019. Disponível no Repositório UPT, http://hdl.handle.net/11328/3003pt_PT
dc.identifier.isbn978-3-96705-001-1
dc.identifier.urihttp://hdl.handle.net/11328/3003
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.rightsopen accesspt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectSocial franchisingpt_PT
dc.subjectSocial entrepreneurshippt_PT
dc.subjectSocial organization financingpt_PT
dc.titleFinancing social entrepreneurship: A franchising approachpt_PT
dc.typeconferenceObjectpt_PT
degois.publication.firstPage374pt_PT
degois.publication.lastPage376pt_PT
degois.publication.locationZurique, Suíçapt_PT
degois.publication.title4th International Conference on New Business Models, New Business Models for Sustainable Entrepreneurship, Innovation, and Transformationpt_PT
dspace.entity.typePublicationen
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