Social entrepreneurship and corporate sustainable development. Evidence from Vietnam

This article investigates the concepts and issues of social enterprise, social entrepreneurship, their sustainability and strategic dimension. Regarding the current two contradictory forms of entrepreneurship (commercial and social entrepreneurship) in terms of their nature, motivation, purpose and...

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Main Authors: Nguyen Hoang Tien, Ho Thien Thong Minh, Le Doan Minh Duc, Nguyen Phuong Mai, Tran Duy Thuc
Format: Article
Language:English
Published: Taylor & Francis Group 2020-01-01
Series:Cogent Business & Management
Subjects:
Online Access:http://dx.doi.org/10.1080/23311975.2020.1816417
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author Nguyen Hoang Tien
Ho Thien Thong Minh
Le Doan Minh Duc
Nguyen Phuong Mai
Tran Duy Thuc
author_facet Nguyen Hoang Tien
Ho Thien Thong Minh
Le Doan Minh Duc
Nguyen Phuong Mai
Tran Duy Thuc
author_sort Nguyen Hoang Tien
collection DOAJ
description This article investigates the concepts and issues of social enterprise, social entrepreneurship, their sustainability and strategic dimension. Regarding the current two contradictory forms of entrepreneurship (commercial and social entrepreneurship) in terms of their nature, motivation, purpose and orientation toward sustainable development, this research shows that both of them could to stay in an alliance to successfully bridge social and commercial capital for corporate sustainable development and social sustainable development. However, the article revealed that in contrast to the commercial entrepreneurship, currently, social entrepreneurship, due to higher level of sophistication, lacks and needs more strategic approach and understanding as well as its full reflection not only in theoretical debates but also in the business reality. This way, enterprises and society could benefit from it in terms of supporting overall sustainable development in rural areas of Vietnam. Finally, the article proposed some feasible solutions to enhance strategic impact of social entrepreneurship and promote its further expansion for the purpose of sustainable development.
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spelling doaj.art-fdee719d54b14948be9c6b261febb4d72022-12-21T20:29:29ZengTaylor & Francis GroupCogent Business & Management2331-19752020-01-017110.1080/23311975.2020.18164171816417Social entrepreneurship and corporate sustainable development. Evidence from VietnamNguyen Hoang Tien0Ho Thien Thong Minh1Le Doan Minh Duc2Nguyen Phuong Mai3Tran Duy Thuc4Saigon International UniversitySaigon International UniversityThu Dau Mot UniversityVietnam National UniversityDong Du investment and Consulting CompanyThis article investigates the concepts and issues of social enterprise, social entrepreneurship, their sustainability and strategic dimension. Regarding the current two contradictory forms of entrepreneurship (commercial and social entrepreneurship) in terms of their nature, motivation, purpose and orientation toward sustainable development, this research shows that both of them could to stay in an alliance to successfully bridge social and commercial capital for corporate sustainable development and social sustainable development. However, the article revealed that in contrast to the commercial entrepreneurship, currently, social entrepreneurship, due to higher level of sophistication, lacks and needs more strategic approach and understanding as well as its full reflection not only in theoretical debates but also in the business reality. This way, enterprises and society could benefit from it in terms of supporting overall sustainable development in rural areas of Vietnam. Finally, the article proposed some feasible solutions to enhance strategic impact of social entrepreneurship and promote its further expansion for the purpose of sustainable development.http://dx.doi.org/10.1080/23311975.2020.1816417sustainable entrepreneurshipsocial entrepreneurshipsocial enterprisesustainable developmentvietnam
spellingShingle Nguyen Hoang Tien
Ho Thien Thong Minh
Le Doan Minh Duc
Nguyen Phuong Mai
Tran Duy Thuc
Social entrepreneurship and corporate sustainable development. Evidence from Vietnam
Cogent Business & Management
sustainable entrepreneurship
social entrepreneurship
social enterprise
sustainable development
vietnam
title Social entrepreneurship and corporate sustainable development. Evidence from Vietnam
title_full Social entrepreneurship and corporate sustainable development. Evidence from Vietnam
title_fullStr Social entrepreneurship and corporate sustainable development. Evidence from Vietnam
title_full_unstemmed Social entrepreneurship and corporate sustainable development. Evidence from Vietnam
title_short Social entrepreneurship and corporate sustainable development. Evidence from Vietnam
title_sort social entrepreneurship and corporate sustainable development evidence from vietnam
topic sustainable entrepreneurship
social entrepreneurship
social enterprise
sustainable development
vietnam
url http://dx.doi.org/10.1080/23311975.2020.1816417
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