Abstract
The aim of the paper is to analyse the process of the creation of the hybrid organizational form and the mechanisms of its action. The paper is theory oriented and is based on new institutionalism and hybridity. The research question is how a hybrid organization efficiently functions while simultaneously drawing on three different and partially contradictory institutional logics: commercial (profit-oriented activities), social (non-profit activities), and public (focused on the provision of high-quality social services). We argue that the core mechanism of action of the new organizational form is the solidarity capital.
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