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What is Corporate Social Venturing

Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
The process of pursuing an opportunity and creating a new hybrid organization, which serves as a vehicle to pursue a social mission and reach financial objectives.
Published in Chapter:
Corporate Social Venturing: An Agenda for Researching the Social Dimension of Corporate Venturing by Family-Owned Businesses
Marcela Ramírez Pasillas (Jönköping International Business School, Sweden) and Hans Lundberg (Universidad Iberoamericana, Mexico)
DOI: 10.4018/978-1-5225-8012-6.ch009
Abstract
This chapter has three purposes: first, to briefly outline corporate venturing as a sub-field in corporate entrepreneurship that recently has gained prominence in research on family-owned businesses (FOB); second, to highlight the missing social dimension in research on FOB that focuses on corporate venturing, conceptualize this added social dimension as corporate social venturing (CSV), and to empirically illustrate CSV with well-known Mexican FOB engaged in CSV; and third, to propose an agenda for researching CSV done by FOB.
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