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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Main Authors: Silvia Masiero, M.N. Ravishankar
Format: Default Conference proceeding
Published: 2018
Subjects:
Online Access:https://hdl.handle.net/2134/33854
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id rr-article-9497237
record_format Figshare
spelling 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
institution Loughborough University
collection Figshare
topic Other commerce, management, tourism and services not elsewhere classified
Digital social entrepreneurship
Microfinance
Fintech
Social innovation
India
Business and Management not elsewhere classified
spellingShingle 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
description 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.
format 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
url https://hdl.handle.net/2134/33854
_version_ 1797462698893508608