Browse > Article

Strategies for Revitalizing Social Venture Ecosystem Based on Social Innovation Theory  

Choi, Yong Seok (Industry Academic-Cooperation Foundation, Choung-Ang University)
Baek, Bo Hyun (Culture and arts management department, Choung-Ang University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.15, no.3, 2020 , pp. 1-17 More about this Journal
Abstract
The Fourth Sector has been attracting attention as a means to solve the various problems plaguing modern society; it emerged to overcome the Third Sector's issues such as excessive reliance on the government and service model isomorphism, represented by social economy enterprises (Meadows, 1972; Howaldt & Schwarz, 2010). Social venture companies have been mentioned as key agents of the Fourth Sector (Gyeonggi Research Institute, 2018). However, the academic and policy concepts related to social ventures continue to be vague. Therefore, this study aims to clarify the concept of social ventures as part of the Fourth Sector, and research development strategies for the vitalization of the social venture ecosystem in an effort to encourage inclusive growth of society. To achieve these goals, it establishes the concept of social ventures differentiated from the Third Sector, based on previous studies, and presents the importance of an intermediate support organization for the ecosystem's vitalization. Furthermore, to propose strategies for said vitalization, the study derives detailed forms of social venture intermediate support organizations, and provides suggestions regarding their importance and roles through social innovation levels.
Keywords
Social Venture; The Fourth Sector; Social Innovation; Ecosystem; Intermediate;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Edwards-Schachter, M. E., Matti, C., & Alcantara, E.(2012). Fostering quality of life through social innovation: A living lab methodology study case. Review of policy research, 29(6), 672-692.   DOI
2 Escobar, J. J., & Gutierrez, A. C. M.(2011). Social economy and the fourth sector, base and protagonist of social innovation. CIRIEC-Espana, Revista de economia publica, social y cooperativa, (73), 33-60.
3 Eum Hyung Seek(2005). Social enterprise concept and implications in the European sense, Urbanity & Poverty, 76, 78-117.
4 European Union․The Young Foundation(2010). Study on Social Innovation.
5 Fourth Sector Development Initiative(2017). Overview 2017 World economic forum.
6 Fourth Sector Group(2020). The forth sector, retrieved 2020.06.29. from www.fourthsector.org.
7 Freeman, C.(1994). The economics of technical change. Cambridge journal of economics, 18(5), 463-514.   DOI
8 Freeman, C.(1996). The greening of technology and models of innovation. Technological forecasting and social change, 53(1), 27-39.   DOI
9 Freeman, C.(2013). Economics of industrial innovation. Routledge.
10 Frickel, S., Gibbon, S., Howard, J., Kempner, J., Ottinger, G., & Hess, D. J.(2010). Undone science: charting social movement and civil society challenges to research agenda setting. Science, Technology & Human Values, 35(4), 444-473.   DOI
11 Geels, F. W.(2004). From sectoral systems of innovation to socio-technical systems: Insights about dynamics and change from sociology and institutional theory. Research policy, 33(6-7), 897-920.   DOI
12 Han, J. H., & Hang, B. Y.(2020). Determinants of Accelerators' Investment. Asia-Pacific Journal of Business Venturing and Entrepreneurship, 15(1), 31-44.   DOI
13 No, D. M.(2007). The Present Situation and Challenges of the Korean Social Economy: Focused on the Settlement Process of Social Economy. Civil society and NGO, 5(2), 35-73.
14 Park, M. J.(2018). Driving forces of Social Innovation in Korea from a perspective of structuration theory: the case of Korean social ventures. doctoral dissertation, University of Seoul.
15 Park, M. J., & Kim, T. Y.(2018). An analysis of the role of social ventures in social innovation. Social Enterprise Research, 11(3), 3-30.
16 Saaty, T. L.(1996). The ANP for decision making with dependence and feedback.
17 Seo, J. M.(2011). Current Status and Challenges of Social Enterprise Interim Support Organizations. 3rd Forum on the Revitalization of Social Enterprises in Rural Areas, Seoul: Regional Foundation.
18 Shanmugalingam, C., Graham, J., Tucker, S., & Mulgan, G.(2010). Growing Social Ventures. The Young Foundation․Nesta.
19 Siebold, N., Gunzel-Jensen, F., & Muller, S.(2018). Balancing dual missions for social venture growth: a comparative case study. Entrepreneurship & Regional Development, 1-25.
20 Song, Y. J., & Jang, Y. B.(2009). Social innovation and technology-intensive social enterprises. Journal of Technology Innovation, 17, 195-215.
21 Nam, M. O.(2014). The Sustainability of Work Integration Social Enterprises in Korea. Social enterprises and policy studies, 3(2), 71-102.
22 Song. Y. J.(2013). Social and Technological System Theory and Science and Technology Innovation Policy. Journal of Technology Innovation, 16(1), 156-175.
23 Song. Y. J.(2016). Innovation Research and Social Innovation Theory. Trends and issues, (27), 1-29.
24 Howaldt, J., Kaletka, C., & Schroder, A.(2016). Mapping the World of Social Innovation: A Global Comparative Analysis across Sectors and World Regions (July 2016). SI drive.
25 Haxeltine A., Jrgensen, M. S., Pel, B., Dumitru, A., Avelino, F., Bauler, T., Lema Blanco, I., Chilvers, J., Cipolla, C., Dorland, J., Elle, M., Garido, S., Kemp, R., Kunze, I., Longhurst, N., Pataki, G., Rach, S., Renema, J., Ruijsink, S., Strasser, T., Tawakol, D., Weaver, P. and Wittmayer J. M.(2016). On the agency and dynamics of transformative social innovation. TRANSIT working paper #7, TRANSIT: EU SSH.2013.3.2-1 Grant agreement no: 613169.
26 Hess, D. J.(2015). Undone science and social movements. Routledge international handbook of ignorance studies, 141-154.
27 Howaldt, J., & Schwarz, M.(2010). Social Innovation: Concepts, Research Fields and International Trends. Sozialforschungsstelle Dortmund.
28 Ieromonachou, P., Potter, S., & Enoch, M.(2004). Adapting Strategic Niche Management for evaluating radical transport policies-the case of the Durham Road Access Charging Scheme. International Journal of Transport Management, 2(2), 75-87.   DOI
29 Innobasque(2013). A regional index to measure social innovation.
30 Jang, S. H.(2017). A Theoretical Approach to Social Innovation: A Conceptual Typology and Implications, Journal of Korea technology innovation society, 20(4), 888-914.
31 Jang, W. B.(2008). Social economy as a new employment strategy. Health and Welfare Forum, 2008 (10), 55-63.
32 Joo, J. W., Jo, D. H., & Yoon, J. J.(2019). A survey of Social Ventures in Seoul and the Policy Suggestion. Seoul: Seoul research institution.
33 Joo, S. S.(2017). Social economy and social impact. Seoul: Hanyang University Press.
34 Christensen, C. M., Raynor, M. E., & McDonald, R.(2015). What is disruptive innovation. Harvard Business Review, 93(12), 44-53.
35 Battilana, J., Sengul, M., Pache, A. C., & Model, J.(2015). Harnessing productive tensions in hybrid organizations: The case of work integration social enterprises. Academy of Management Journal, 58(6), 1658-1685.   DOI
36 Choi, J. K. & Yoon, S, E.(2018). A New Foundation for Social Innovation, the fourth Sector, Gyeonggi: Gyeonggi Research Institute.
37 Christensen, C. M., Baumann, H., Ruggles, R., & Sadtler, T. M.(2006). Disruptive innovation for social change. Harvard business review, 84(12), 94.
38 Davister, C., Defourny, J., & Gregoire, O.(2004). Work integration social enterprises in the European Union: an overview of existing models. Revue Internationale de l'Economie Sociale: Recma, 293, 24-50.   DOI
39 Defourny, J., & Nyssens, M.(2013). Social Innovation, Social Economy and Social Enterprise: What Can the European Debate Tell Us, In Moulaert, F., MacCallum, D., Mehmood, A. and Hamdouch, A. (Eds.), The International Handbook on Social Innovation: Collective Action. Social Learning and Transdisciplinary Research, Cheltenham: Edward Elgar, pp. 40-52.
40 Song. Y. J., Jang, Y. B., & Sung, J. E.(2009). Social Innovation and Technology-based Social Enterprises. Seoul: Science and technology policy institution.
41 Stoner, J. A. F., & Wankel, C.(2007). Innovative approach to reducing global poverty. Information Age Publishing.
42 Sung, J. M., Hwang, J. O., & Ahn, J. Y.(2014). Social Enterprise Revitalization through Social Venture Support. Seoul: Ministry of Employment and Labor.
43 TEPSIE(2014). Social Innovation Theory and research: A Guide to researchers.
44 WEF(2018). The global competitiveness report.
45 Westley, F., & Antadze, N.(2010). Making a difference: Strategies for scaling social innovation for greater impact. Innovation Journal, 15(2): 1-19.
46 Yang, C. H.(2006). Theoretical Consideration on the Adoption of Innovation in Knowledge-Intensive Organizations: Based on the Case of Technology Fusion in Sectoral Innovation System. Journal of the Korean Society of Organization, 3(2), 103-122.
47 Kania, J., & Kramer, M.(2011). Collective impact. FSG, 36-41.
48 Kachlami, H.(2016). Social venture creation and the influence of commercial ventures. Social Enterprise Journal, 12(3), 347-367.   DOI
49 Kang, N. Y.(2011). Current Status and Implications of Japan's Intermediate Support Organization. 3rd Forum on the Revitalization of Social Enterprises in Rural Areas, Seoul: Regional Foundation.
50 Kang. M, J.(2017). The Theoretical, Empirical and Policy Foundation for Building Social Innovation in Europe. Seoul: Science and Technology Policy Institute.
51 Lee, J. H., & Kim, B. K.(2016). An Analysis of the Technological Innovation and Influence Factors of Korean Knowledge-intensive Service Industry. Journal of Service Management, 17(3) 267-290.
52 Yoon, J. H.(2017). Entrepreneurial ecosystem of social ventures: the emergence and effect on entrepreneurial activities. Kaist Open Acsess self-Archiving System,
53 Yoon, J. H., Park, J. H., & Bae, Z. T.(2017). A Study on the Influence of Start-up Ecosystem on the Entrepreneurial Activities of Social Venture: Focusing on the Social Valley in Seongsu-dong. Social Enterprise Research, 10(1), 91-134.
54 강민정(2018). 사회혁신 생태계의 현황과 발전 방안. 과학기술정책 연구원.
55 Kim, T. G.(2013). Theorical and Practical Diversity Research of Social Enterprise: Focused on the Social Economy and Third Sector in Europe. Social enterprises and policy studies, 2(2), 23-49.
56 Korea Social Enterprise Promotion Agency(2016). Certified Social Enterprise Status Data. Retrieved 2020.04.06. from http://www.socialenterprise.or.kr/kosea/company.do
57 Lisetchia, M., & Brancu, L.(2014). The entrepreneurship concept as a subject of social innovation. Social and Behavioral Sciences, 124, 87-92.
58 Lurtz, K., Müller, S., & Ruede, D.(2013). Social Innovations: Expert Opinions on the Status Quo and Future Directions. World Vision Center for Social Innovation.
59 Mulgan, G.(2007). Ready or not?: taking innovation in the public sector seriously. Nesta.
60 Murray, R., Caulier-Grice, J., & Mulgan, G.(2010). The open book of social innovation, London: National endowment for science. technology and the art.