A Conceptual Model Proposal for Co-Creation of Social Value: Insights from Social Entrepreneurs

Abstract

This study suggests a conceptual model of collaboration the between business organizations and social entrepreneurs for the co-creation of social value. The study is based on a qualitative research. The data is obtained by semi-structured interviews with nine social entrepreneurs in Turkey. Deriving from the data, nine propositions are generated that identifies how these two distinct actors can collaborate. Findings reveal that social entrepreneurs can provide social mission, awareness of specific needs, a focus on various problems and innovative problem solving ability in this collaboration. On the other hand, organizations can ensure financial resource, business insight and recognition to the social entrepreneurs. Additionally, our findings show that the network platforms have facilitator role in this collaboration. The findings of the study reveal that the engagement of organizations and social entrepreneurs may eliminate each other’s disadvantages and may provide long term social value.