Journal of Management and Business Environment (JMBE)
Vol 1, No 1: Special Issue of the 9th International Conference on Business and Economy, June 2024

Social Innovation in a University: Accelerator Programs of a Center for Social Entrepreneurship in the Philippine Setting

Melanie Ramiro Banzuela (University of San Carlos)
Lauro Cipriano Silapan (University of San Carlos)
Jr., Jovenal M Arnaiz (University of San Carlos)



Article Info

Publish Date
15 Jul 2024

Abstract

The paper traces the managerial plans and decisions made towards the development of the Center for Social Entrepreneurship of the University of San Carlos in Cebu City, Philippines under the auspices of the School of Business and Economics and Santa Clara University's Miller Center for Social Entrepreneurship in California. Using the action research approach, the Center and its two Accelerator Programs namely the Global Social Benefit Institute Boost and Online Accelerator Programs were studied. Participants for the first cohorts were called Potential Social Enterprises (PSEs) and Mature Social Enterprise (MSEs) for theĀ  Boost and Online Accelerator Programs, respectively. A total 27 PSEs and 5 MSEs joined the first cohort. Few scholars have studied accelerators that support social enterprises. In contrast to incubators, accelerators expose social entrepreneurs to market forces and provide the intense process of mentoring, education, and expansion of networks which have a lasting impact on participants. Overall, both Boost and Online Accelerator Programs proved effective in developing the competencies of the social enterprises. The results presented in this paper covers the period of implementation from the time the center was launched in February 2018 to February 2019. This study will cover the progress towards the center's goals, verifiable indicators, activities conducted, survey results, key insights and initial recommendations moving forward. The findings of the study support similar findings of other authors that accelerators for social enterprises play an important role in developing social ventures. Accelerators can contribute to the development of new ventures at several stages.

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Journal Info

Abbrev

JMBE

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences Other

Description

The Journal of Management and Business Environment (JMBE) is a blind-review journal that is published by Magister Management, Soegijapranata Catholic University, Semarang, Indonesia. The journal is intended to provide forums for academicians and practitioners to disseminating relevant, high quality ...