Social Entrepreneurship in Relation to Wellbeing across Economies: The Configurational Impact of Institutions and Social Capital

Received:October 14, 2017  Revised:October 14, 2017

Key Words:  social entrepreneurship, social wellbeing, institutional void, institutional support, social capital, fsQCA

Author NameAffiliation
Wei Deng School of Management, Xi’an Jiaotong University 
Qiaozhuan Liang School of Management, Xi’an Jiaotong University 
Peihua Fan* School of Business and Management, Shanghai International Studies University 

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Abstract:
      The relationship between social entrepreneurship (SE) and social wellbeing is vital but poorly understood in entrepreneurship research. This paper contributes to fine-grained understanding of cross-national differences in the prevalence of SE and the level of social wellbeing by investigating how configurations of national-level institutions and social capital influence SE and therefore shape social wellbeing across economies. Based on national-level data for 16 developed and emerging economies, this study explores causal configurations behind high and not-high prevalence rate of SE, as well as high and not-high social wellbeing by using fuzzy set Qualitative Comparative Analysis (fsQCA). The study also examines substitution and complementarity within and across causal factors. Our findings reveal that both grant dependent not-for-profit SE and self-sufficient hybrid SE can facilitate social wellbeing, but hybrid SE generally plays a bigger role. We also found out that emerging economies rely more on active government to promote SE and therefore propel social wellbeing, while developed economies count more on sound informal institutions and social capital. Moreover, our findings reconcile the conflicts between institutional void perspective and institutional support perspective by pointing out that active government and SE are either complements or substitutes depending on the institutional and social context of given economies.

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