Succeeding at the Bottom-of-the-Pyramid: Overcoming Internal Obstacles in Multi-national Corporations to New Social Venture Creation

Eva Boxenbaum, Mette Olsen

Research output: Contribution to conferencePaperResearchpeer-review

Abstract

Hybrid organizational forms often rely on the initiative or collaboration of corporate actors, yet the role of these actors is rarely examined in detail. This paper examines corporate social entrepreneurship, which refers to the initiative of corporate actors to establish new, independent social ventures in the double pursuit of financial objectives and wider societal objectives. Through an empirical study, we investigate the strategies and practices that corporate social entrepreneurs employ to build radically new social ventures outside their firm. More specifically, we examine a successful initiative to build a social impact venture at the interface of a multi-national corporation and a hybrid organization that is operating on the Bottom-of-the-Pyramid market. Our study identifies how corporate social entrepreneurs dynamically use framing and organizational anchoring strategies to build internal support and external legitimacy for a radically new social venture initiative. Our findings point to the challenges, opportunities, and strategies associated with straddling global events and internal corporate priorities when engaging in corporate social entrepreneurship.
Original languageEnglish
Publication date2014
Number of pages30
Publication statusPublished - 2014
EventPublic-Private Governance, Social Value and Innovative Organizational Design: An SMS Extension Workshop - HEC Paris, Paris, France
Duration: 19 Sep 201419 Sep 2014
http://www.hec.edu/News-Room/Events/Public-Private-Governance-Social-Value-and-Innovative-Organizational-Design-Conference

Workshop

WorkshopPublic-Private Governance, Social Value and Innovative Organizational Design
LocationHEC Paris
CountryFrance
CityParis
Period19/09/201419/09/2014
Internet address

Bibliographical note

CBS Library does not have access to the material

Cite this

Boxenbaum, E., & Olsen, M. (2014). Succeeding at the Bottom-of-the-Pyramid: Overcoming Internal Obstacles in Multi-national Corporations to New Social Venture Creation. Paper presented at Public-Private Governance, Social Value and Innovative Organizational Design, Paris, France.
Boxenbaum, Eva ; Olsen, Mette. / Succeeding at the Bottom-of-the-Pyramid : Overcoming Internal Obstacles in Multi-national Corporations to New Social Venture Creation. Paper presented at Public-Private Governance, Social Value and Innovative Organizational Design, Paris, France.30 p.
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Succeeding at the Bottom-of-the-Pyramid : Overcoming Internal Obstacles in Multi-national Corporations to New Social Venture Creation. / Boxenbaum, Eva; Olsen, Mette.

2014. Paper presented at Public-Private Governance, Social Value and Innovative Organizational Design, Paris, France.

Research output: Contribution to conferencePaperResearchpeer-review

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T1 - Succeeding at the Bottom-of-the-Pyramid

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AU - Olsen, Mette

N1 - CBS Library does not have access to the material

PY - 2014

Y1 - 2014

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AB - Hybrid organizational forms often rely on the initiative or collaboration of corporate actors, yet the role of these actors is rarely examined in detail. This paper examines corporate social entrepreneurship, which refers to the initiative of corporate actors to establish new, independent social ventures in the double pursuit of financial objectives and wider societal objectives. Through an empirical study, we investigate the strategies and practices that corporate social entrepreneurs employ to build radically new social ventures outside their firm. More specifically, we examine a successful initiative to build a social impact venture at the interface of a multi-national corporation and a hybrid organization that is operating on the Bottom-of-the-Pyramid market. Our study identifies how corporate social entrepreneurs dynamically use framing and organizational anchoring strategies to build internal support and external legitimacy for a radically new social venture initiative. Our findings point to the challenges, opportunities, and strategies associated with straddling global events and internal corporate priorities when engaging in corporate social entrepreneurship.

M3 - Paper

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Boxenbaum E, Olsen M. Succeeding at the Bottom-of-the-Pyramid: Overcoming Internal Obstacles in Multi-national Corporations to New Social Venture Creation. 2014. Paper presented at Public-Private Governance, Social Value and Innovative Organizational Design, Paris, France.