Companies Embrace Social Entrepreneurship to Address Global Issues and Gain Legitimacy
Corporations respond to social issues to gain legitimacy and entrepreneurs create new products to address these problems. The article examines social entrepreneurship and corporate social action in multinational enterprises. The researchers studied a social venture in Amsterdam and found that external actors supported the venture, leading to its success. They also looked at a Chinese company in Kenya and how their CSR program was justified to different audiences. The studies advance knowledge in entrepreneurship, CSR, and organizational ethnography.