Journal of Business Ethics 85 (S1):201 - 216 (2009)

Abstract
A relatively small segment of business, known as social entrepreneurship (SE), is increasingly being acknowledged as an effective source of solutions for a variety of social problems. Because society tends to view "new" solutions as "the" solution, we are concerned that SE will soon be expected to provide answers to our most pressing social ills. In this paper we call into question the ability of SE, by itself, to provide solutions on a scope necessary to address large-scale social issues. SE cannot reasonably be expected to solve social problems on a large scale for a variety of reasons. The first we label the orga nizational legitimacy argument. This argument leads to our second argument, the isomorphism argument. We also advance three other claims, the moral y political and structural arguments. After making our arguments, we explore ways in which SE, in concert with other social institutions, can effectively address social ills. We also present two examples of successful ventures in which SEs partnered with governments and other institutions
Keywords social entrepreneurship  institutions  isomorphism  legitimacy
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DOI 10.1007/s10551-008-9939-1
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References found in this work BETA

The Wealth of Nations.Adam Smith - 1993 - Hackett Publishing Company.
Capitalism and Freedom.Milton Friedman - 1963 - Ethics 74 (1):70-72.

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A Positive Theory of Social Entrepreneurship.Filipe M. Santos - 2012 - Journal of Business Ethics 111 (3):335-351.

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