TY - JOUR
T1 - Building brand meaning in social entrepreneurship organizations
T2 - The social impact brand model
AU - Lückenbach, Florian
AU - Schmidt, Holger J.
AU - Henseler, Jörg
N1 - Funding Information:
Open Access funding enabled and organized by Projekt DEAL. Jörg Henseler gratefully acknowledges financial support from FCT Fundação para a Ciência e a Tecnologia (Portugal), national funding through a research grant from the Information Management Research Center—MagIC/NOVA IMS (UIDB/04152/2020).
Publisher Copyright:
© 2022, The Author(s).
PY - 2022/12/10
Y1 - 2022/12/10
N2 - In the face of numerous complex challenges at the ecological, economic, and social levels, Social Entrepreneurship Organizations (SEOs) offer an approach that is both solution-oriented and future-oriented by combining profitability and purpose. However, the achievement of social goals is closely linked to the ability to operate successfully in competitive environments, in which differentiation strategies, in particular the creation of strong and authentic brands, are vital to survival. Although the new paradigm of brand management, the so-called co-creative paradigm, has been extensively researched in recent decades both in the for-profit and non-profit contexts, there is still scarce empirical research addressing the field of SEOs. To exploit the potential that the co-creation paradigm offers for SEOs, our paper introduces a social impact brand model (SIBM), which sheds new light on the design process of social entrepreneurial brand meaning. The findings identify key drivers in creating SEO brands by focusing on a dual-brand core that consists of an impact mission orientation and an entrepreneurial orientation, internal branding activities, the founder's personal brand, and relevant brand (co-)creators. By aligning their brand management activities with the SIBM, SEOs can create brands that have authentic and stable brand meanings while managing stakeholder groups' various expectations.
AB - In the face of numerous complex challenges at the ecological, economic, and social levels, Social Entrepreneurship Organizations (SEOs) offer an approach that is both solution-oriented and future-oriented by combining profitability and purpose. However, the achievement of social goals is closely linked to the ability to operate successfully in competitive environments, in which differentiation strategies, in particular the creation of strong and authentic brands, are vital to survival. Although the new paradigm of brand management, the so-called co-creative paradigm, has been extensively researched in recent decades both in the for-profit and non-profit contexts, there is still scarce empirical research addressing the field of SEOs. To exploit the potential that the co-creation paradigm offers for SEOs, our paper introduces a social impact brand model (SIBM), which sheds new light on the design process of social entrepreneurial brand meaning. The findings identify key drivers in creating SEO brands by focusing on a dual-brand core that consists of an impact mission orientation and an entrepreneurial orientation, internal branding activities, the founder's personal brand, and relevant brand (co-)creators. By aligning their brand management activities with the SIBM, SEOs can create brands that have authentic and stable brand meanings while managing stakeholder groups' various expectations.
KW - Brand co-creation
KW - Brand management
KW - Social branding
KW - Social entrepreneurial brand meaning
KW - Social entrepreneurship organizations
UR - http://www.scopus.com/inward/record.url?scp=85143612540&partnerID=8YFLogxK
U2 - 10.1057/s41262-022-00299-1
DO - 10.1057/s41262-022-00299-1
M3 - Article
AN - SCOPUS:85143612540
JO - Journal of brand management
JF - Journal of brand management
SN - 1350-231X
ER -