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Research
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Conclusions

All these social initiatives are built on a paradigm of entrepreneurial innovation in which the following features are key: ability to organize the poor around opportunities; providing services and products that are profitable and beneficial to all parties; using corporate resources and capabilities to forge new value chains; creating the necessary conditions for an industrial revolution; and developing social capabilities to open new markets.

Mair and Seelos’s research reveals that social entrepreneurs contribute strategic resources: "strategic" because they are

  • unprecedented - scarce and obeying a different logic; resisting corruption, for example,
  • non-imitable - difficult and slow to replicate, based on trust, and
  • idiosyncratic - their future value is not obvious, and their price is more like a "real option"

Summing up, the two researchers reiterated that social entrepreneurs may help companies to formulate global strategies in accord with their own sustainable development needs and society's need for innovation.

 
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