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What is Social Business

Handbook of Research on Entrepreneurship in the Contemporary Knowledge-Based Global Economy
A business whose aim is to address wealth for investors and shareholders, and to gain social improvements for Society and stakeholders.
Published in Chapter:
Multifactory: An Emerging Environment for a New Entrepreneurship
Giulio Focardi (Osun WES, Italy) and Lorenza Salati (Osun WES, Italy)
DOI: 10.4018/978-1-4666-8798-1.ch006
Abstract
A Multifactory is a collaborative working environment, which helps its members to grow as entrepreneurs and to innovate as there is a constant exchange between members, and they share experiences and knowledge. A Multifactory is a self-regulated system, where few norms rule relationships between entrepreneurs and innovation comes from everyday interaction between members, which are independent under any aspect, but on occasion can act as if they were parts of a single huge company. Multifactories proved to be places that help a new generation of entrepreneurs to grow, as they count on immaterial assets and shared resources to develop their companies.
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More Results
Critical Success Factors in Enterprise 2.0: The Importance of Business Performance
A company that embeds social tools and practices both internally (employee-oriented) and externally (oriented to other stakeholders such as customers or other business partners) with an integrated approach.
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Digital Organizations: The Social Business Contribution
A company that embeds social tools and practices both internally (employee-oriented) and external (oriented to other stakeholders such as customers or other business partners) with and integrated approach.
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Relationship Marketing on Public Social Software Platforms in the Airport Industry: The Case of Facebook
Network-oriented relationship-strategy of an organization to internal and external business processes. The strategy is based on a collaborative conversation with and among employees, customers and business partners to create sustainable social relations and reciprocal value.
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Social Impact Measurement and Management: Between Theory and Practice
A social business is an organization that provides a framework for tackling social issues by combining economic sustainability and business know-how with the generation of social benefits.
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Hospitals as Social Brands: Building Brands by Serving Society
A social business is defined as a business that has social objectives as its primary purpose. The profits made by social businesses are reinvested for the benefits to society and the environment.
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Social Entrepreneurship Typologies: Mapping the Territory
A very specific type of business – a non-dividend company with a social objective. A social business may pursue goals similar to those sought by some social entrepreneurs, but the specific business structure of social business makes it distinctive and unique.
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