The Golden Tap: The Inside Story of Hyper-funded Indian Start-ups

This is a book review of 'Kashyap Deorah, The golden tap: The inside story of hyper-funded Indian start-ups, New Delhi: Roli Books, 2015; ISBN: 978-93-5194-152-1

Individual capital and social entrepreneurship : role of formal institutions

Drawing on capital theory and institutional theory, we hypothesize the contingent role of a country's formal institutions (financial, educational, and political) on the relationship between individual capital (financial, human and social capital) and social entrepreneurship entry. Using the Global Entrepreneurship Monitor data, we find that all three forms of individual capital are important for social entrepreneurship entry. Moreover, we find that this relationship is contingent on the formal institutional context such that (i) philanthropy-oriented financial systems have a positive moderating effect on investment of financial capital; (ii) educational systems have a positive moderating effect on investment of human capital; and (iii) political systems have a positive moderating effect on investment of both human and financial capital. We make substantial contributions to the literature on social entrepreneurship by ascertaining the nature of contingent effects of formal institutions on the relationship between individual capital and the emergence of social enterprises

Innovation and entrepreneurship amidst coronavirus : a hybrid innovation network response

Purpose This article aims to discuss adaptation of innovation network during crisis, using the context of an Indian state’s response during early stages of the COVID-19 pandemic. Design/methodology/approach The article is based on a combination of data from public sources and interviews with entrepreneurs and innovators from an Indian state obtained during the period January–May 2020. Findings A hybrid innovation network approach with low barriers between the triple helix agents and a non-linear approach to innovation shaped the response of an Indian state toward the pandemic. Originality/value This article serves as a case study for innovation network response during initial periods of a crisis such as COVID-19

Ownership structure and corporate social responsibility in an emerging market

While scholarship exploring the impact of ownership structure on corporate social responsibility (CSR) has investigated firms in developed markets, less work has examined how ownership in firms from emerging markets influences community-related CSR. Both internal and external forces potentially drive community-related CSR decisions. It is hence important to understand the role of internal constraints arising due to agency problems along with institutional pressures from external stakeholders in emerging markets in shaping CSR. In this study, we draw on agency theory and sociological perspectives of institutions to explore variations in the motivation of different owners to pursue a socially responsible agenda. Our analysis of a sample of Indian firms for the period 2008–2015 illustrates that business group and family ownership is beneficial for community-related CSR. Our theoretical arguments and results highlight the importance of combining multiple lenses to assess the influence of ownership structures on CSR in emerging markets

Individual resources, property rights and entrepreneurship in China

Purpose – In the last decade, the Chinese government enacted two rule-based policy changes related to property rights; namely, a constitutional amendment to protect the lawful rights of the private sector in 2004 and a property rights law in 2007. Using property rights theory, this study hypothesizes the contingent effect that these property rights changes have on the investment of individual human and financial capital towards entrepreneurship. In addition, this study also explores whether property rights changes have a differential effect on the two forms of entrepreneurship, namely, opportunity and necessity entrepreneurship. Design/methodology/approach – This research uses logit regression analysis on a two period model using the Global Entrepreneurship Monitor (GEM) database to test these effects. Findings – Contrary to existing evidence from Western contexts, this study finds that property rights changes have a significant influence on the investment of both forms of capital towards necessity entrepreneurship in China. Research limitations – The use of a secondary database like GEM has certain limitations, such as the non-availability of data on a longitudinal basis, and the need to operationalize certain constructs like human and financial capital as non-continuous variables. Originality/value – There has been limited research on the phenomena of necessity entrepreneurship in economies such as that of China. The findings of this study highlight that property rights protection is equally important for necessity entrepreneurship in institutional contexts like Chin

Faizal & Shabana Foundation : a venture philanthropic approach to education

Government schools in India were famous for being ramshackle and dingy, thus not providing the most ideal of atmospheres conducive for learning. Faizal Kottikollon, the founding chairman of Faizal and Shabana Foundation (F&SF) was determined to bring about a change in this norm. In April 2014, he was on his way to the PRISM1 office located at the Government Vocational Higher Secondary School for Girls, Nadakkavu in Kozhikode, Kerala. This school, barely a kilometer away, was the first to bear the fruit of his determination. He was on the way to attend the board mee ting of the PRISM committee convened by Mr. A. Pradeep Kumar, the local Member of the Legislative Assembly (MLA) for Kozhikode. The efficient implementation in redeveloping a government school by a family foundation, earned Mr. Kottikollon many accolades from the public, media as well as the Kerala government, which showed a keen interest to scale up the project to other government schools in the state. Mr. Kottikollon himself was very interested in making a wider impact through such projects to bring quality education to students in other government schools. Mr. Pradeep Kumar had convened the board meeting to discuss the scaling up plans. As Mr. Kottikollon's car waited at a traffic signal, he began contemplating on the experience he had had so far, and wondered what would be the most appropriate role that he and his family foundation could play in the long run and the model that could be used to scale

Multinational Enterprises and the Governance of Sustainability Practices in Emerging Market Supply Chains : An Agile Governance Perspective

Peer reviewedPostprin

National context matters : influence of national business system on social enterprises in Scotland and India

In recent years, social entrepreneurship has attracted increasing attention thanks to existing successful initiatives such as the Ashoka Foundation (Ashoka, 2015), a global network of social entrepreneurs, and the work of social entrepreneur and Nobel laureate Muhammad Yunus (Yunus, Moingeon, and Lehmann-Ortega, 2010). This has led to a flourishing academic research stream seeking to understand the phenomenon of social enterprise (Dacin, P. A., Dacin, and Matear, 2010; Fayolle and Matlay, 2010). Recent research in social entrepreneurship has also stressed the need to understand the effects of the institutional context on social enterprise (Doherty, Haugh, and Lyon, 2014; Zahra, Rawhouser, Bhawe, Neubaum, and Hayton, 2008). As an attempt to respond to this need, we examine the cases of two social enterprises, one operating in a developed country context, namely Scotland, and the other in a developing country context, namely India

Ownership structure and corporate social responsibility in an emerging market

While scholarship exploring the impact of ownership structure on corporate social responsibility (CSR) has investigated firms in developed markets, less work has examined how ownership in firms from emerging markets influences community - related CSR. Both internal and external forces potentially drive community - related CSR decisions. It is hence important to understand the role of internal constraints arising due to agency problems along with institutional pressures from external stakeholders in emerging mar kets in shaping CSR. In this study, we draw on agency theory and sociological perspectives of institutions to explore variations in the motivation of different owners to pursue a socially responsible agenda. Our analysis of a sample of Indian firms for the period 2008 - 2015 illustrates that business group and family ownership is beneficial for community - related CSR. Our theoretical arguments and results highlight the importance of combining multiple lenses to assess the influence of ownership structures on C SR in emerging markets

Organizational Engagement With Poverty:A Review and Reorientation

Recognizing the potential contributions businesses can make to address the grand challenge of global poverty, management scholars have increasingly turned research attention to poverty. We conducted an integrative review of poverty studies in the organizational literature spanning from 1985 to 2022. Based on the review, we clarify poverty as a significant lack of market-oriented resources, opportunities, and capabilities. Further, we develop a framework that captures the ways in which organizational practices offer the poor, or deprive them of, resources, opportunities, and capabilities, and thereby contribute to poverty alleviation or aggravation respectively. Moreover, our framework identifies the necessary support conditions for an organization to effectively combat poverty. We conclude by proposing a research agenda aimed at advancing management scholarship on poverty