Priming the pump of impact entrepreneurship and social finance in China

文献类型： 外文期刊

第一作者： Jia, Xiangping

作者： Jia, Xiangping

作者机构：

关键词： Social innovation; Sustainability transition; Multi-level perspectives; Niche management; Impact investment; Blended finance

期刊名称：AGRICULTURE AND HUMAN VALUES （ 影响因子：3.295； 五年影响因子：4.264 ）

ISSN： 0889-048X

年卷期： 2020 年 37 卷 4 期

页码：

收录情况： SCI

摘要： In recent years, a significant revolution has begun in social entrepreneurship, with public funding organizations and private investors beginning to pursue social purpose. At the heart of the revolution is the ambition of these entities to use innovation and entrepreneurship to sustain and scale impacts in support of social and environmental objectives. This article provides a framework that conceptualizes social innovation and finance as a multi-level and evolving complex system. Two trajectories of transformation,niche-regimeandwithin-regime, are used to frame a broad range of examples of impact entrepreneurship and social financing. Social finance is viewed as the key to release the 'lock-in' of social innovation, as it is able to gather and coordinate capital, resources, knowledge and ability. Using meta-analysis, the article explores the characteristics, dynamics and ecosystem of social innovation, impact entrepreneurship in China. The study maps the landscape of social finance in China and estimates there are untapped social finance opportunities worth from US$93 to US$208 billion.

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