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Fostering social business through venture philanthropy: the role of financing in the process of new social business creation

1 January 1970
Academic / Journal Article
Publisher : Unibocconi IRIS

19294

This paper examines how venture philanthropy fosters social business creation. It discusses venture philanthropy as a model that combines financial capital with managerial expertise, aiming for both financial returns and social impact. The authors suggest that social businesses vary in their approach to social innovation and change. The study identifies key organizational and environmental factors influencing social business success, positioning venture philanthropy as a critical component affecting the growth potential of new social enterprises.

Author(s) :

F Perrini, C Vurro

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Key topics

Innovative Finance/ Blended Finance

Also found in

Financial Stewardship, Sustainability, & Accountability Scaling Social Impact

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