Governance as an additional dimension of entrepreneurial orientation: a social entrepreneurship perspective

Abstract

It seems that the role and presence of entrepreneurial antecedents and outcomes within a social context may differ from commercial entrepreneurship. Within an aged care organisational context, it would seem that EO provides an effective tool for capturing evidence of entrepreneurial decision processes across a wide variety of organizational contexts with specific consideration of board governance that includes both process and culture attributions. This research therefore examines EO in an aged care context while considering the strategic governance and stewardship exercised by the (not-for-profit - NFP) boards of aged care organisations. It seeks to assess the NFP board’s governance and culture underlying behavioural orientations, and which contribute to an overall EO theory that best describes effective entrepreneurship and innovation within the social venture.