Creating sustainable international social ventures
Corresponding Author
Stephen Chen
Professor of international business, University of Newcastle, Australia
Newcastle Business School, University of Newcastle, Callaghan NSW 2000, AustraliaSearch for more papers by this authorCorresponding Author
Stephen Chen
Professor of international business, University of Newcastle, Australia
Newcastle Business School, University of Newcastle, Callaghan NSW 2000, AustraliaSearch for more papers by this authorAbstract
International social ventures are now an increasingly common feature of the international business and social landscape in many countries worldwide. However, despite the increase in the number of social ventures and widespread interest that has resulted, theoretical development that deals specifically with international social ventures, or social ventures that operate across borders, has lagged behind, and there is little to guide potential social entrepreneurs thinking of setting up an international social venture. The aim of this article is to show how combining concepts from social exchange theory with international new venture theory can provide a useful conceptual framework that helps answer the central questions: What are the conditions for sustainable international social ventures? What difficulties are likely to arise in establishing such ventures? © 2012 Wiley Periodicals, Inc.
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