The social entrepreneurship value cycle

What is it about?

This study explores how social enterprises operationalize the value cycle to create a positive impact in practice. We observed stages previously addressed by scholars (value generation, value appropriation, and value devolution), and we identified an additional stage – value transformation – emerging from the data. While the initial three stages occur within social enterprises, value transformation unfolds within served communities. Thus, we propose a comprehensive social entrepreneurship value cycle encompassing generation, appropriation, devolution, and transformation of value

Featured Image

Photo by Austin Distel on Unsplash

Photo by Austin Distel on Unsplash

Why is it important?

This paper contributes to clarifying concepts and mitigating theoretical ambiguities surrounding social value creation in the context of social entrepreneurship. It provides a framework for understanding the underlying principles of each stage in the value cycle, thereby empowering scholars and practitioners to enhance the innovative mission of social enterprises and drive social change within underserved communities.