Digital social entrepreneurship: Balancing social and commercial goals in an Indian ‘fintech’ organisation
Digital social entrepreneurship (DSE) is the entrepreneurial work of social ventures centred on digital technologies. Despite the potential of DSE to contribute to solving global societal challenges, limited knowledge is available on how it balances the social and commercial goals that characterise...
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2018
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rr-article-94972372018-01-01T00:00:00Z Digital social entrepreneurship: Balancing social and commercial goals in an Indian ‘fintech’ organisation Silvia Masiero (2940726) M.N. Ravishankar (7197404) Other commerce, management, tourism and services not elsewhere classified Digital social entrepreneurship Microfinance Fintech Social innovation India Business and Management not elsewhere classified Digital social entrepreneurship (DSE) is the entrepreneurial work of social ventures centred on digital technologies. Despite the potential of DSE to contribute to solving global societal challenges, limited knowledge is available on how it balances the social and commercial goals that characterise social entrepreneurship. Drawing on case study evidence from a platform for digital microfinance in India, the paper finds two coexisting goal-balancing strategies for DSE: first, it deploys a set of digital capabilities aimed at reaching financial sustainability in the long term. Second, it combines these with field immersion capabilities, which are instrumental to maintaining the embeddedness of organisations in their local communities. Revealing digitally-enabled solutions to the problem of balancing competing goals, the paper generates new theory on the role of the digital in social entrepreneurship, and draws practical implications for this to contribute to tackling poverty and vulnerability on a world scale. 2018-01-01T00:00:00Z Text Conference contribution 2134/33854 https://figshare.com/articles/conference_contribution/Digital_social_entrepreneurship_Balancing_social_and_commercial_goals_in_an_Indian_fintech_organisation/9497237 CC BY-NC-ND 4.0 |
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Other commerce, management, tourism and services not elsewhere classified Digital social entrepreneurship Microfinance Fintech Social innovation India Business and Management not elsewhere classified |
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Other commerce, management, tourism and services not elsewhere classified Digital social entrepreneurship Microfinance Fintech Social innovation India Business and Management not elsewhere classified Silvia Masiero M.N. Ravishankar Digital social entrepreneurship: Balancing social and commercial goals in an Indian ‘fintech’ organisation |
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Digital social entrepreneurship (DSE) is the entrepreneurial work of social ventures centred on digital technologies. Despite the potential of DSE to contribute to solving global societal challenges, limited knowledge is available on how it balances the social and commercial goals that characterise social entrepreneurship. Drawing on case study evidence from a platform for digital microfinance in India, the paper finds two coexisting goal-balancing strategies for DSE: first, it deploys a set of digital capabilities aimed at reaching financial sustainability in the long term. Second, it combines these with field immersion capabilities, which are instrumental to maintaining the embeddedness of organisations in their local communities. Revealing digitally-enabled solutions to the problem of balancing competing goals, the paper generates new theory on the role of the digital in social entrepreneurship, and draws practical implications for this to contribute to tackling poverty and vulnerability on a world scale. |
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Default Conference proceeding |
author |
Silvia Masiero M.N. Ravishankar |
author_facet |
Silvia Masiero M.N. Ravishankar |
author_sort |
Silvia Masiero (2940726) |
title |
Digital social entrepreneurship: Balancing social and commercial goals in an Indian ‘fintech’ organisation |
title_short |
Digital social entrepreneurship: Balancing social and commercial goals in an Indian ‘fintech’ organisation |
title_full |
Digital social entrepreneurship: Balancing social and commercial goals in an Indian ‘fintech’ organisation |
title_fullStr |
Digital social entrepreneurship: Balancing social and commercial goals in an Indian ‘fintech’ organisation |
title_full_unstemmed |
Digital social entrepreneurship: Balancing social and commercial goals in an Indian ‘fintech’ organisation |
title_sort |
digital social entrepreneurship: balancing social and commercial goals in an indian ‘fintech’ organisation |
publishDate |
2018 |
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https://hdl.handle.net/2134/33854 |
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1797462698893508608 |