Exit strategies for social venture entrepreneurs in sub-Sahara Africa: A literature review

IF 1.2 Q4 MANAGEMENT

Africa Journal of Management Pub Date : 2021-08-19 DOI:10.1080/23322373.2021.1944715

A. T. K. Nuer, Gert van Dijk, J. Jongerden

引用次数: 1

Abstract

ABSTRACT This paper reviews exit strategies for social venturing entrepreneurs. Exit is important for social venture entrepreneurs because they do not intend to stay in perpetuity in businesses they establish in the countries and communities where such businesses are set up. The paper, factoring in the two motives of social impact and financial returns, argues that social venture entrepreneurs who follow traditional business and entrepreneurship exit strategies may miss the very mission under which they establish such a business. A conclusion drawn from a literature and practitioners’ model is that a “hybrid” of business entrepreneurship and project-based exit criteria could be a best fit exit approach for such entrepreneurs, especially those who invest in sub-Sahara Africa. Data for this paper were collected by means of a normative case study approach.

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撒哈拉以南非洲社会风险企业家的退出策略:文献综述

本文综述了社会风险企业家的退出策略。退出对社会风险企业家来说很重要，因为他们不打算永远留在他们在这些企业设立的国家和社区建立的企业中。考虑到社会影响和财务回报这两个动机，本文认为，遵循传统商业和创业退出策略的社会风险企业家可能会错过他们建立这样一个企业的使命。从文献和从业者模型中得出的结论是，商业创业和基于项目的退出标准的“混合”可能是最适合这些企业家的退出方式，特别是那些在撒哈拉以南非洲投资的企业家。本文的数据是通过规范的案例研究方法收集的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Africa Journal of Management Business, Management and Accounting-Business and International Management

CiteScore

2.80

自引率

15.40%

发文量

期刊介绍： The beginning of the Twenty First Century has witnessed Africa’s rise and progress as one of the fastest growing and most promising regions of the world. At the same time, serious challenges remain. To sustain and speed up momentum, avoid reversal, and deal effectively with emerging challenges and opportunities, Africa needs better management scholarship, education and practice. The purpose of the Africa Journal of Management (AJOM) is to advance management theory, research, education, practice and service in Africa by promoting the production and dissemination of high quality and relevant manuscripts. AJOM is committed to publishing original, rigorous, scholarly empirical and theoretical research papers, which demonstrate clear understanding of the management literature and draw on Africa’s local indigenous knowledge, wisdom and current realities. As the first scholarly journal of the Africa Academy of Management (AFAM), AJOM gives voice to all those who are committed to advancing management scholarship, education and practice in or about Africa, for the benefit of all of Africa. AJOM welcomes manuscripts that develop, test, replicate or validate management theories, tools and methods with Africa as the starting point. The journal is open to a wide range of quality, evidence-based methodological approaches and methods that “link” “Western” management theories with Africa’s indigenous knowledge systems, methods and practice. We are particularly interested in manuscripts which address Africa’s most important development needs, challenges and opportunities as well as the big management questions of the day. We are interested in research papers which address issues of ethical conduct in different African settings.