Abstract:

Across the world, a new landscape of social investment has been developing rapidly over the last 10–15 years, yet there has not been an academic study of the phenomenon to date. This paper aims to address this important gap in social entrepreneurship research with new empirical and theoretical work. Theoretically, the paper takes an interpretive approach drawing on institutional theory and other work on the sociology of markets to conceptualize social investment as a socially constructed spac...

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