The Social and
Economic Mission of
Social Enterprises:
Dimensions,
Measurement,
Validation, and Relation
Robin Stevens
Nathalie Moray
Johan Bruneel
Social entrepreneurs have a dominant social mission and generate revenue to ensure
financial viability. However, most research treats the extent to which social entrepreneurs
actually adhere to social and economic mission as a black box. Performing higher order
confirmatory factor analysis on a sample of social enterprises (N∼270), this study identifies
dimensions and validates measures for understanding and delineating social and economic
missions, and shows how the two constructs relate to each other. The theoretical untangling
and the empirical validation of social and economic missions as distinct constructs—and
multiple potential constellations of attached relative importance—opens up opportunities for
quantitative hypothesis-testing research in social entrepreneurship.
Introduction
Scholars, governments, media, and nongovernmental organizations increasingly
recognize the importance of social entrepreneurial approaches to problems the world is
facing today (Christie & Honig, 2006). Research interest in social entrepreneurship (SE)
increased in parallel and became an important research topic in entrepreneurship. SE
originated in the not-for-profit sector (Harris, Sapienza, & Bowie, 2009; Sud, VanSandt,
& Baugous, 2009; Weerawardena & Mort, 2006) as a response to diminishing government
involvement in the economy and society (e.g., Nicholls, 2006; Sharir & Lerner, 2006).
Essentially, social enterprises—irrespective of terminology, and organizational or legal
form—have in common that they explicitly focus on creating social value (Austin,
Please send correspondence to: Robin Stevens, tel.: +32-9-248-88-43; e-mail: robin.stevens@hogent.be, to
Nathalie Moray at nathalie.moray@hogent.be, and to Johan Bruneel at j.bruneel@imperial.ac.uk.
P T E
&
1042-2587
© 2014 Baylor University
1 January, 2014
DOI: 10.1111/etap.12091
September, 2015 1051
DOI: 10.1111/etap.12091
1042-2587
V C
2014 Baylor University