How does the non-profit economy affect entrepreneurship? Online publication date: Tue, 21-Oct-2014
by Sandrine Emin; Nathalie Schieb-Bienfait
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 14, No. 4, 2011
Abstract: How and on what basis can we can analyse the entrepreneurial process in the non-profit sector? This article is based on a critical discussion of four paradigms – value creation, innovation, business opportunity and creation of organisation – analysed by Verstraete and Fayolle (2005). We examine how these four paradigms can help analyse social entrepreneurship. We suggest that the non-profit sector challenges these four paradigms of entrepreneurship. They suffer from limitations due to assumptions that are not compatible with the non-profit sector. Lastly we conclude that a new set of assumptions should be introduced to provide new insight into social entrepreneurship.
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