1. The Effect of Value Co-Creation on Social Enterprise Growth: Moderating Mechanism of Environment Dynamics
- Author
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Hongjia Xu, Massimiliano Matteo Pellegrini, and Jianxin Ge
- Subjects
Resource (biology) ,lcsh:TJ807-830 ,Geography, Planning and Development ,lcsh:Renewable energy sources ,Management, Monitoring, Policy and Law ,value co-destruction ,social enterprises ,social enterprise growth ,value co-creation ,environment dynamics ,0502 economics and business ,Co-creation ,China ,lcsh:Environmental sciences ,Industrial organization ,lcsh:GE1-350 ,Settore SECS-P/10 ,Renewable Energy, Sustainability and the Environment ,business.industry ,lcsh:Environmental effects of industries and plants ,05 social sciences ,Multilevel model ,Value theory ,Market research ,lcsh:TD194-195 ,Value (economics) ,050211 marketing ,business ,050203 business & management ,Mechanism (sociology) - Abstract
The traditional approach to demonstrate the growth processes of social enterprise still relies heavily on an internal perspective of resource and capability accumulation. However, it is insufficient to explain why some social enterprises grow quickly while other social enterprises do not. Based on the theory of value co-creation, this paper proposes a theoretical framework of the effect of value co-creation on social enterprise growth. A survey was conducted in China across 29 provinces and municipalities from October 2015 to March 2016, through the efforts of a market research group. The final number of usable questionnaires was 172. Specifically, by employing hierarchical regression models, this paper partially confirms the positive impact of value co-creation on social enterprise growth, while environment dynamics have a negative moderating effect on the relationship between value creation and the growth of social enterprises.
- Published
- 2019
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