[en] This conceptual paper makes the case for a strong embeddedness at all stages of sustainable entrepreneurship – opportunity identification and/or creation, evaluation, and exploitation. This strong embeddedness is argued to drive entrepreneurs towards sustainability through the set-up of long-term social contracts with multiple stakeholders. Building upon extant literature on sustainable, social, and environmental entrepreneurship and the framework of stakeholder theory, as well as the embeddedness argument, a model is developed and propositions are suggested. Theoretical and practical implications are derived from these propositions.
Research Center/Unit :
CES - Centre d'Économie Sociale - ULiège
Disciplines :
Social economics Strategy & innovation General management, entrepreneurship & organizational theory
Author, co-author :
Dufays, Frédéric ; Université de Liège > HEC-Ecole de gestion : UER > Management en économie sociale
Language :
English
Title :
Embeddedness as a facilitator of sustainable entrepreneurship
Publication date :
2016
Main work title :
Sustainable entrepreneurship and social innovation
Editor :
Jermier, John
Nicolopoulou, Katerina
Karatas-Ozkan, Mine
Janssen, Frank
Publisher :
Routledge
Pages :
57-72
Peer reviewed :
Peer reviewed
Name of the research project :
IAP-SOCENT
Funders :
F.R.S.-FNRS - Fonds de la Recherche Scientifique BELSPO - SPP Politique scientifique - Service Public Fédéral de Programmation Politique scientifique
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