Social entrepreneurship is a field of
entrepreneurship praised for its potential
to solve complex social problems by
harnessing the power of enterprise.
However, it is this very complexity that
causes social entrepreneurs to walk a
narrow line of conflicting priorities of
mission and profit while navigating
complicated cultural and economic
landscapes. This precariousness makes
the possibility of failure high, and the
social aspect makes the stakes should an
enterprise fail that much higher. This
dissertation begins with a new premise
for social entrepreneurship that views
social enterprise as an interpretive
endeavor where the mission of the
enterprise is the text, the entrepreneur
the interpreter, and the target
community the author. This project then
seeks to define a hermeneutic
(interpretive) framework for social
entrepreneurs by first investigating the
relevance of hermeneutic factors in
social enterprise success, and
subsequently how research of social
entrepreneurial failure can be improved.
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