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Understanding the dynamics between social entrepreneurship and inclusive growth in subsistence marketplaces

Version 2 2024-06-04, 02:00
Version 1 2023-10-26, 03:17
journal contribution
posted on 2024-06-04, 02:00 authored by Fara AzmatFara Azmat, Ahmed FerdousAhmed Ferdous, P Couchman
This article explores how social entrepreneurs utilize their unique circumstances and resources at a micro level to facilitate the creation of shared value at the meso level, leading to inclusive growth at a macro level in the context of subsistence marketplaces. Drawing from explanatory case studies of two social enterprises—Waste Concern (Bangladesh) and Seven Women (Nepal)—the findings suggest that social entrepreneurs act as bricoleurs to integrate their operant and operand resources in subsistence marketplaces to facilitate inclusive growth. The authors further connect with and extend three discourses of research—social entrepreneurship, social bricolage, and service-dominant logic—to develop a framework providing insights into the “bottom-up” approach, the underlying dynamics of shared value creation, and inclusive growth in subsistence marketplaces by social entrepreneurs. The findings also strengthen Dees's (2001) definition of social entrepreneurship, confirming its applicability and relevance in subsistence marketplaces and further extending the theory of social bricolage. The authors discuss the implications of these findings, including tactical interventions aimed at providing better understanding of how social entrepreneurs create value in resource-constrained marketplaces, from a bottom-up perspective.

History

Journal

Journal of public policy & marketing

Volume

34

Pagination

252-271

Location

Ann Arbor, Mich.

ISSN

0743-9156

Language

eng

Publication classification

C1 Refereed article in a scholarly journal, C Journal article

Copyright notice

2015, American Marketing Association

Issue

2

Publisher

American Marketing Association