Key Words: Social Venture Entrepreneurs, Exit, Ownership
Social Venture Entrepreneurs invest in local and mostly bottom of pyramid (BoPs), and more so in developing economies. Different understanding and meanings given to the term exit and ownership, by social venture entrepreneurs and local communities with varied cultural business practices, are highlighted in this thesis. Results from this thesis show that it is important to factor in local and cultural practices into current social venture business models. This will help to ensure the sustainability and scale up of social ventures.
The study explores exit options within business and development management literature. There were limited scientific related social entrepreneurship literatures on the subject matter at the inception of this study. The choice to conduct a qualitative case study was made in order to bring to out the forms and meanings of exit, as well as perceived exit, and ownership forms expected or anticipated by both the social venture entrepreneur and related stakeholders, such as communities and local partners, covered in this study