Communities can act collectively as a single entrepreneur and enterprise.

Evidence

Community-based enterprise theory is the business application of the economic approach. This theory studies how “a community acting corporately as both entrepreneur and enterprise in pursuit of the common good” (Peredo and Chrisman 2006, p. 310). This theory has developed different concepts: community-based enterprises (CBEs) (Peredo and Chrisman 2006) and community-led social ventures (Haugh 2007). In general, they refer to similar phenomenon, but, while community-based enterprise research studies the entrepreneurial model and how a community becomes a single joint collective actor based on the available community skills and a multiplicity of goals (Peredo and Chrisman 2006), the community-led social venture focuses on the processes underlying the ability of communities “to take greater responsibility for their own socioeconomic development” (Haugh 2007, p. 161). — Laura Albareda and Alejo Jose G. Sison, Commons Organizing, 71

Categorization

  • DEFINE: Distinguishes community-based enterprises from community-led social ventures — enterprise model versus developmental process focus.
  • corroborated: 5 independent passages support this claim — Laura Albareda and Alejo Jose G. Sison, Commons Organizing: Embedding Common…, 71
  • XREF: connects to: Communities organize around common resources motivated by virtues and cooperation. — Laura Albareda and Alejo Jose G. Sison, Commons Organizing: Embedding Common…, 201; Cooperatives reproduce themselves through shared governance and yield both material and immaterial common resources. — Jessica Carrick-Hagenbarth, Institutional Bricolage and Commoning…, 14; Commons initiatives emerge as entrepreneurial community movements responding to member marginalization. — Laura Albareda and Alejo Jose G. Sison, Commons Organizing: Embedding Common…, 173 (+7 more)

Broader Connections