Founding team entrepreneurial experience, external financing and social enterprise performance

Sahasranamam, S. , Lall, S. , Nicolopoulou, K. and Shaw, E. (2024) Founding team entrepreneurial experience, external financing and social enterprise performance. British Journal of Management, 35(1), pp. 519-536. (doi: 10.1111/1467-8551.12726)

Abstract

This paper examines the influence of founding team entrepreneurial experience (for‐profit and non‐profit) on social enterprise performance and also 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.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Sahasranamam, Prof Sreevas and Shaw, Professor Eleanor and Lall, Dr Saurabh
• Authors: Sahasranamam, S., Lall, S., Nicolopoulou, K., and Shaw, E.
• College/School: College of Social Sciences > Adam Smith Business School > Management
• Journal Name: British Journal of Management
• Publisher: Wiley
• ISSN: 1045-3172
• ISSN (Online): 1467-8551
• Published Online: 14 April 2023
• Copyright Holders: Copyright © 2023 The Authors
• First Published: First published in British Journal of Management 35(1):519-536
• Publisher Policy: Reproduced under a Creative Commons licence