Sreevas Sahasranamam and G. Venkat Raman
In the last decade, the Chinese Government enacted two rule-based policy changes related to property rights, namely, a constitutional amendment to protect the lawful rights of the…
Abstract
Purpose
In the last decade, the Chinese Government enacted two rule-based policy changes related to property rights, namely, a constitutional amendment to protect the lawful rights of the private sector in 2004 and a property rights law in 2007. Using property rights theory, the purpose of this paper is to hypothesize the contingent effect that these property rights changes have on the investment of individual human and financial capital toward entrepreneurship. In addition, this study also explores whether property rights changes have a differential effect on the two forms of entrepreneurship, namely, opportunity and necessity entrepreneurship.
Design/methodology/approach
This research uses logit regression analysis on a two-period model using the Global Entrepreneurship Monitor (GEM) database to test these effects.
Findings
Contrary to existing evidence from western contexts, this study finds that property rights changes have a significant influence on the investment of both forms of capital toward necessity entrepreneurship in China.
Research limitations/implications
The use of a secondary database like GEM has certain limitations, such as the non-availability of data on a longitudinal basis, and the need to operationalize certain constructs like social and financial capital as non-continuous variables.
Originality/value
There has been limited research on the phenomena of necessity entrepreneurship in economies such as that of China. The findings of this study highlight that property rights protection is equally important for necessity entrepreneurship in institutional contexts like China.
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This article aims to discuss adaptation of innovation network during crisis, using the context of an Indian state’s response during early stages of the COVID-19 pandemic.
Abstract
Purpose
This article aims to discuss adaptation of innovation network during crisis, using the context of an Indian state’s response during early stages of the COVID-19 pandemic.
Design/methodology/approach
The article is based on a combination of data from public sources and interviews with entrepreneurs and innovators from an Indian state obtained during the period January–May 2020.
Findings
A hybrid innovation network approach with low barriers between the triple helix agents and a non-linear approach to innovation shaped the response of an Indian state toward the pandemic.
Originality/value
This article serves as a case study for innovation network response during initial periods of a crisis such as COVID-19.
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Sreevas Sahasranamam and Sumit Mitra
Learning outcomes are as follows: understand venture philanthropy in India; discuss in what ways venture philanthropy is different from charity; identify the aims of venture…
Abstract
Learning outcomes
Learning outcomes are as follows: understand venture philanthropy in India; discuss in what ways venture philanthropy is different from charity; identify the aims of venture philanthropy and the strategy adopted to achieve those objectives; analyze the role of the unique structuring of a venture philanthropy working in tandem with the government to achieve its objectives; identify the nature and source of dilemmas of disengagement from a project by the venture philanthropist; and understand the role of antecedents and outcomes on how a firm views its social impact initiative (in the Indian context).
Case overview/synopsis
The Faizal and Shabana Foundation (F&SF) made one of the largest philanthropic investments in Kerala, India for the redevelopment of Government Vocational Higher Secondary School for Girls, Nadakkavu. The foundation applied a strategic approach to their philanthropic investment making it a unique case of venture philanthropy. The uniqueness of this case lies in the fact that, this is one among those rare cases where venture philanthropy has been successfully implemented within a government educational context. This case highlights how a private philanthropic organization went about executing a project and faced several challenges of scaling up the redevelopment model to other government schools. The other salient aspect is that this case delves into the dilemma faced by a philanthropist of either using the existing model for scaling up or adopting a totally different model.
Complexity academic level
Undergraduate and postgraduate business management courses.
Supplementary materials
Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes.
Subject code
CSS: 11: Strategy.
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Anirudh Agrawal and Sreevas Sahasranamam
– The purpose of this paper is to analyze how corporations create social and economic value through corporate social entrepreneurial activities.
Abstract
Purpose
The purpose of this paper is to analyze how corporations create social and economic value through corporate social entrepreneurial activities.
Design/methodology/approach
This paper employs a multiple case study approach. The selected cases cover companies that have a clear corporate social enterprise model in operation and address different prevailing social problems.
Findings
This study reveals that corporate social entrepreneurship (CSE) is driven by the environmental dynamics, organizational antecedents, and organizational outcomes. In addition, the authors found that CSE provides companies with both implicit and explicit strategic benefits. Based on the findings the authors propose an integrated model of CSE.
Research limitations/implications
As all cases originate from India the authors cannot rule out the possibility that the conclusions are only valid for a certain institutional and socio-economical context.
Practical implications
The developed model is useful for companies operating in complex environments in developing markets as it provides recommendations on how to strengthen social and public legitimacy and earn returns on their business investments. Moreover, the developed model helps companies operating in antagonistic environments with prevailing social problems to position themselves favorably.
Social implications
The study attempts to legitimize the practice of CSE by highlighting the positive financial, social, and political outcomes.
Originality/value
This study presents an integrated model of CSE in the Indian context and outlines how corporations can draw implicit and explicit benefits.