Browsing by Author "Kimmitt, Jonathan"
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Item A diagnostic framework for social impact bonds in emerging economies(2019) Muñoz, Pablo; Kimmitt, Jonathan; MuA social impact bond (SIB) is a new type of outcome-based social investment mechanism for enterprises operating in the social economy. They have grown across the developed world, yet its complexity may prevent from fulfilling their promises. This is particularly the case when SIB-pertinent regulatory frameworks, actors and social problems are ill-defined as in the case of emerging economy contexts. In this paper we ask, how can policy agents better identify, prioritize and weight social issues in the early design of a social impact bond? We tackle this issue by applying design methods in the co-development of a SIB diagnostic framework for emerging economies. This is both a conceptual and an actionable artefact. As a conceptual artefact, it provides a holistic picture of the contextual circumstances influencing the emergence of a SIB. As a policy tool, it allows policy agents to assess and prioritize social issues and target groups and subsequently guiding policy decisions regarding investment allocation on social economy enterprisesItem Entrepreneurship and financial inclusion through the lens of instrumental freedoms(2017) Kimmitt, Jonathan; Muñoz, PabloThis article investigates the interrelated nature of instrumental freedoms and how they combine to engender financial inclusion among low-income entrepreneurs. Drawing from Sen's capabilities approach, we emphasize a need for understanding the freedoms associated with institutional arrangements and the complex causal processes that lead to financial inclusion among micro-entrepreneurs. We perform a fuzzy set qualitative comparative analysis of 19 countries in Latin America and the Caribbean. The findings indicate four causal combinations for financial inclusion. Our findings indicate that no single instrumental freedom is necessary for financial inclusion; it does not necessarily depend on the provision of microfinance and that political freedom is an important peripheral condition for inclusion. This allows us to question some of the assumptions about how microfinance operates amid a set of complex institutional instrumental freedoms.Item Entrepreneurship and the rest: The missing debate(2018) Muñoz, Pablo; Kimmitt, JonathanIn this article, we seek to open a debate within entrepreneurship scholarship around a prevailing reductionist view of the phenomenon when it comes to non-western or alternative contexts. We argue it is incapable of capturing behavioral differences across contexts without making ethnocentric, narrow and simplified theoretical assumptions about ‘the rest’. Drawing on the sociology of absences, we explain why the concept of entrepreneurship, as it relates to development, has remained captive and constrained by western economic and cultural assumptions, which has been boosted by a worrying absence of self-criticism. This is problematic but equally full of missing opportunities. Drawing from cultural relativism and the sociology of emergences, in this paper we propose a refreshed agenda for advancing research at the intersection of entrepreneurship and development, marked by the possibility of alternative futures and the potency of hidden causesItem Estructura y dinámica del emprendimiento social en Chile: Reporte 2016(Universidad del desarrollo. Instituto de Innovación Social; CORFO, 2016) Muñoz, Pablo; Kimmitt, Jonathan; Tomás, Serey; Velázquez, Loreto; Muñoz, Pablo; Kimmitt, Jonathan; Tomás, Serey; Velázquez, LoretoLas conclusiones de la investigación permitieron informar sobre estructura, dinámica, toma de decisiones e impacto del emprendimiento social en Chile. A partir del reporte, surgieron indicadores sobre la dinámica en empresas sociales del país en etapa temprana, es decir, con cuatro o menos años en operación. Además, de observaciones sobre surgimiento, orientación de mercado, relaciones, ingresos, creación de valor social y vinculación con el entorno institucional de las empresas socialesItem Living on the Slopes: Entrepreneurial Preparedness in a Context under Continuous Threat(2019) Muñoz, Pablo; Kimmitt, Jonathan; Kibler, Ewald; Farny, SteffenIn this paper, we examine how entrepreneurs living in communities under continuous threat prepare themselves to continue with their enterprising activities or engage in new ones after the expected crisis occurs. Most of the crisis literature on disasters and entrepreneurship focuses on aftermath responses, but the antecedents of such entrepreneurial behavior and its connection to past and future crises remains largely unexplored. Based on a two-stage exploratory study pre and post the Calbuco Volcano eruptions in 2015 and 2016 in Chile, we introduce the notion of entrepreneurial preparedness in a context of continuous threat and elaborate on its four central attributes: anchored reflectiveness, situated experience, breaking through, and reaching out. Subsequently, our work develops a refined understanding of pre and postdisaster entrepreneurship and offers a novel base for theorizing on the relationship between entrepreneurial preparedness in contexts of continuous threat.Publication Outcomes-based contracts and the hidden turn to public value management(2023) Kimmitt, Jonathan; Muñoz, PabloDespite long-standing criticisms of the paradigm, New Public Management (NPM) retains a strong influence over organizationsin public administration. Social Impact Bonds (SIB) are anoutcomes-orientedinvestment entity which has emerged from NPMwith grand promises of social change. Building on a longitudinal case study of a health-basedSIB, this paper identifies how key actors move away from NPMbyresisting such management principlesand shifttoward Public Value Management (PVM). The paper finds that this is possible when the public interest and performance objectives are designed with a public value orientation whilst other NPM principles shift over time through resistance and negotiation. The paper provides insight into how key actors re-organizeto embed public value in a financing and public service delivery structure that is often regarded as flawed and inefficient.The paper offers several contributions to public value literature, including the role of the state, as well as the emerging literature on SIBs and outcomes-based contracts.Item Packs, Troops and Herds: Prosocial Cooperatives and Innovation in the New Normal(2019) Muñoz, Pablo; Kimmitt, Jonathan; Dimov, DimoProsocial organizations are emerging to tackle the effects of a New Normal. As they navigate its fragile and liquid institutional membranes, they prioritize cooperative forms of governance. These forms allow for collaboration and democratic decision-making necessary for the development of innovative solutions in this new context. At the same time, the high coordination costs of cooperatives lead to significant market pressures. Therefore, understanding when and under what conditions these new cooperatives innovate and strive is important as it provides insight into whether and how these ventures can become a viable alternative in this changing landscape. Using configurational analyses of organizational enablers leading to innovation in 40 entrepreneurial cooperatives, we identify three approaches: Attentive Pack, Eclectic Troop, and Wandering Herd, showing that innovative outcomes can indeed emerge under traditional cooperative features emphasizing collectivism. However, the pursuit of higher novelty requires a shift to more individualistic, business-as-usual, approaches. The New Normal does indeed enhance entrepreneurial activity, but of a different kind comprising novel sets of antecedents and outcomes, which we show can easily become the new dominant form of venturing required in this new contextItem Poverty and the varieties of entrepreneurship in the pursuit of prosperity(2019) Kimmitt, Jonathan; Muñoz, PabloIn this paper, we revisit the entrepreneurship and poverty relationship under a eudaimonic perspective that brings together conversion factors, and future prosperity expectations. Based on an fsQCA of changes in life circumstances of 166 farm households in rural Kenya, we explore how different combinations of conversion factors enable distinct forms of entrepreneuring in the pursuit of prosperity. Results show that strong entrepreneurship-enabled future prosperity expectations result from three combinations of enabling conversion factors shaping up three varieties of entrepreneurial endeavors: family-frugal, individual-market, and family-inwards, which show a much more diverse and counterintuitive reality. Our research contributes to literature by revealing and theorizing on a split picture portraying the many ways in which farmers, acting as everyday entrepreneurs, exploit real opportunities in seemingly identical impoverished communities. It also reveals a central disconnect between entrepreneurship, life-satisfaction and financial improvements when assessed against expectations of future prosperity. In doing so, this paper responds to calls for a better understanding of the processes whereby entrepreneurship can distinctively improve current and future life circumstances, and the many ways in which this may happenPublication Reconceptualising Franchisee Performance: A configurational approach in a base-of-the-pyramid context(2024) Newbery, Robert; McKague, Kevin; Muñoz, Pablo; Kimmitt, JonathanThis paper proposes and tests a new conceptual framing for franchisee performance that draws on institutional complexity to explore the interaction of corporate, market and relational logics of performance. Extant research draws on corporate and market logics to explain performance, however, this does not explain individual franchisee performance in complex institutional environments such as Base-of-the-Pyramid (BoP) markets where relational logics may be more important, limiting explanations of how franchisee outlets perform. Drawing on data from a network of 58 franchise outlets in the context of Kenya, we conduct a configurational analysis related to sales outcomes. We leverage fsQCA to map out the conditions under which franchisees exhibit higher sales performance. Results show that three different configurations can lead to increased sales performance. Our results paint a nuanced picture of combinations of factors that result in franchisee success with relevance to the BoP context and beyond.Item Rural entrepreneurship in place: an integrated framework(2019) Muñoz, Pablo; Kimmitt, JonathanAgglomeration-oriented theories have grown significantly in the past decade in the explanation and promotion of entrepreneurship. Theoretical frameworks and normative models such as entrepreneurial ecosystems are insufficient to observe, explain, and inform policies at the communal level in rural contexts. In this paper, we propose a socio-spatial lens as a more fruitful way of understanding the holistic picture of rural entrepreneurship. By means of abductive research, we explore the distinct elements of entrepreneurial places in rural contexts and derive an integrated meso-level framework, comprising place-sensitive determinations and dimensions, to observe and further analyse the enabling conditions of such places. The findings obtained and the framework developed will be of great use for the evaluation and decision making, regarding entrepreneurship in rural communitiesItem Sensemaking the ‘social’ in social entrepreneurship(2018) Kimmitt, Jonathan; Muñoz, PabloIn the collective imagination, the practices and outcomes of social entrepreneurship seem to hold hope for a better future. So far, these practices have been largely assumed as idealized types with the ‘social’ in social entrepreneurship under explored. Such assumed neutrality, we argue, is hampering the development of a more robust theoretical corpus for understanding the phenomenon and inspiring practices that are more effective. In this paper, we analyse the sensemaking of the ‘social’ in social entrepreneurship by exploring the ways in which social entrepreneurs make sense of social problems and develop solutions for tackling them. Our empirical analyses of the stories of 15 social entrepreneurs point to two distinct types of sensemaking and sensegiving practices, aligned with Amartya Sen’s notions of social justice. Drawing on these findings, sensemaking and social justice theory, we elaborate a 2-type social sensemaking model pertaining to the appreciation and assessment of circumstances, and the differing problem/solution combinations emerging from alternative ontological views of what constitutes a social problemItem Social Mission as Competitive Advantage: A Configurational Analysis of the Strategic Conditions of Social Entrepreneurship(2019) Muñoz, Pablo; Kimmitt, JonathanIn social entrepreneurship, social and economic missions co-exist in a tensioned balance. At times, business survival requires reprioritizing objectives, leading social entrepreneurs to drift away from social values in pursuit of commercial gains. This requires (re)balancing acts aimed at mitigating the effects of drift. Although critical for business survival, the micro antecedents of this balancing act remain uncovered. This study explores the complex interactions between the strategic conditions of social entrepreneurs in the development of market-oriented social missions. Drawing on a fuzzy-set qualitative comparative analysis of 111 social entrepreneurs in Chile, this study reveals four alternative combinations of strategic conditions that explain why the social mission of a social entrepreneur can be perceived as being valuable for achieving a competitive advantage. The findings contribute to a more complex understanding of the set of conditions involved in the balancing act between social and economic missions in social entrepreneurship. This study calls into question the binary assumption underlying the commitment of social entrepreneurs to their social mission.Item Social problem scale, public investment and social entrepreneurship action(2022) Kimmitt, Jonathan; Muñoz, Pablo; Mandakovic, VesnaPurpose. Social entrepreneurs engage in action because they want to solve social problems. Consequently, it is expected to see more social entrepreneurship in contexts with the most severe social problems. This paper argues that this is an oversimplification of the problem- action nexus in social entrepreneurship and that action does not necessarily correspond to the observed scale of social problems. Drawing on the theoretical framing of crescive conditions, it highlights that this relationship is affected by forms of public investment as institutions that distinctively promote engagement and public interest amongst social entrepreneurs. Thus, this paper assesses the relationship between varying levels of social problems and social entrepreneurship action, and how and to what extent public investment types – as more and less locally anchored crescive conditions - affect this relationship. Design/methodology/approach. The hypotheses are tested with a series of random-effects regression models. The data stems from the Global Entrepreneurship Monitor’s 2015 social entrepreneurship survey and Chile’s 2015 National Socioeconomic Characterisation Survey. The authors combined both data sets and cross-matched individual-level data (action and investment) with commune-level data (social problem scale) resulting in unique contextualised observations for 1,124 social entrepreneurs. Findings. Contrary to current understanding, this study finds that social entrepreneurship action is positively associated with low social problem scale. This means that high levels of deprivation do not immediately lead to action. It also finds that locally anchored forms of investment positively moderate this relationship, stimulating action in the most deprived contexts. On the contrary, centralised public investment leads to increased social entrepreneurial action in wealthier communities where it is arguably less needed. Originality. The findings contribute to the literature on social entrepreneurship action in deprived contexts, social and public investment as well as policy-level discussion, and broader issues of entrepreneurship and social problemsItem Trans-contextual work: Doing entrepreneurial contexts in the periphery(2022) Muñoz, Pablo; Kimmitt, Jonathan; Spigel, BenThis study explores how entrepreneurs “do” contexts in peripheral areas. Through the examination of changes in roles, practices, and relationships across peripheral areas in Chile, we found that substantive transformations result from the momentary repurposing of systems of provision, types of inter-dependencies, and sources of reliance within public, community, and family contexts. Drawing from the perspective of interstitial spaces and extensive data, this is done through three interwoven interaction rituals: support seeking, neighboring, and nesting. We abductively theorize the connection between these rituals as trans-contextual work. As entrepreneurs do contexts through trans-contextual work new entrepreneurial ideas, practices and artifacts begin to reorganize community resources and transform the commune’s social into an entrepreneurial life. Our research expands the current understanding of contextual change in peripheral areas and contextualization in entrepreneurship more broadly.Publication Trans‑contextual work: doing entrepreneurial contexts in the periphery(2023) Muñoz, Pablo; Kimmitt, Jonathan; Spigel, BenThis study explores how entrepreneurs “do” contexts in peripheral areas. Through the examination of changes in roles, practices, and relationships across peripheral areas in Chile, we found that substantive transformations result from the momentary repurposing of systems of provision, types of interdependencies, and sources of reliance within public, community, and family contexts. Drawing from the perspective of interstitial spaces and extensive data, this is done through three interwoven interaction rituals: support seeking, neighboring, and nesting. We abductively theorize the connection between these rituals as trans-contextual work. As entrepreneurs do contexts through trans-contextual work new entrepreneurial ideas, practices and artifacts begin to reorganize community resources and transform the commune’s social into an entrepreneurial life. Our research expands the current understanding of contextual change in peripheral areas and contextualization in entrepreneurship more broadly.