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Article: The role of the social innovation and entrepreneurship development fund in fostering social entrepreneurship in Hong Kong: A study on public policy innovation

TitleThe role of the social innovation and entrepreneurship development fund in fostering social entrepreneurship in Hong Kong: A study on public policy innovation
Authors
KeywordsHong Kong
Public policy
Social enterprise
Social innovation
Social policy
Issue Date2019
PublisherWiley-Blackwell Publishing Ltd. The Journal's web site is located at http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9515
Citation
Social Policy and Administration, 2019 How to Cite?
AbstractCreating an enabling environment for social entrepreneurship in tackling complex socio‐economic challenges is at the forefront of government policy agendas globally. Although several policy mechanisms have been proposed to this end, whether and to what extent those policy mechanisms may (re)shape the social entrepreneurship environments have rarely been explored. By examining the Social Innovation and Entrepreneurship Development Fund (SIE Fund), a recent policy project aimed at fostering social innovation in Hong Kong, this article presents a rare empirical exploration to illustrate how public policies can potentially drive social innovation. We explore first the impact of the SIE Fund in fostering innovation among its funded social enterprises, and second, how the SIE Fund may have influenced Hong Kong's social entrepreneurship environment. Results show that the projects under the SIE Fund exhibit characteristics distinct from the social enterprises prior to the inception of the SIE Fund. In addition, evidence of innovations in terms of product, process, marketing, and innovation in developing new or improved social practices were also identified. This study illustrates how specific public policy mechanisms may potentially facilitate the diversification, inclusion, innovation, and expansion of the social entrepreneurship environment. Findings carry substantial policy implications, in particular to neighbouring East Asian societies typically characterized by a strong government, and face similar structural, demographic and socio‐economic challenges that necessitate innovative solutions.
Persistent Identifierhttp://hdl.handle.net/10722/272336
ISSN
2017 Impact Factor: 1.418
2015 SCImago Journal Rankings: 0.787
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorChan, CH-
dc.contributor.authorChui, CH-
dc.contributor.authorChan, KST-
dc.contributor.authorYip, PSF-
dc.date.accessioned2019-07-20T10:40:20Z-
dc.date.available2019-07-20T10:40:20Z-
dc.date.issued2019-
dc.identifier.citationSocial Policy and Administration, 2019-
dc.identifier.issn0144-5596-
dc.identifier.urihttp://hdl.handle.net/10722/272336-
dc.description.abstractCreating an enabling environment for social entrepreneurship in tackling complex socio‐economic challenges is at the forefront of government policy agendas globally. Although several policy mechanisms have been proposed to this end, whether and to what extent those policy mechanisms may (re)shape the social entrepreneurship environments have rarely been explored. By examining the Social Innovation and Entrepreneurship Development Fund (SIE Fund), a recent policy project aimed at fostering social innovation in Hong Kong, this article presents a rare empirical exploration to illustrate how public policies can potentially drive social innovation. We explore first the impact of the SIE Fund in fostering innovation among its funded social enterprises, and second, how the SIE Fund may have influenced Hong Kong's social entrepreneurship environment. Results show that the projects under the SIE Fund exhibit characteristics distinct from the social enterprises prior to the inception of the SIE Fund. In addition, evidence of innovations in terms of product, process, marketing, and innovation in developing new or improved social practices were also identified. This study illustrates how specific public policy mechanisms may potentially facilitate the diversification, inclusion, innovation, and expansion of the social entrepreneurship environment. Findings carry substantial policy implications, in particular to neighbouring East Asian societies typically characterized by a strong government, and face similar structural, demographic and socio‐economic challenges that necessitate innovative solutions.-
dc.languageeng-
dc.publisherWiley-Blackwell Publishing Ltd. The Journal's web site is located at http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9515-
dc.relation.ispartofSocial Policy and Administration-
dc.subjectHong Kong-
dc.subjectPublic policy-
dc.subjectSocial enterprise-
dc.subjectSocial innovation-
dc.subjectSocial policy-
dc.titleThe role of the social innovation and entrepreneurship development fund in fostering social entrepreneurship in Hong Kong: A study on public policy innovation-
dc.typeArticle-
dc.identifier.emailChan, CH: gchc@hku.hk-
dc.identifier.emailChui, CH: chkchui@hku.hk-
dc.identifier.emailYip, PSF: sfpyip@hku.hk-
dc.identifier.authorityChan, CH=rp02477-
dc.identifier.authorityChui, CH=rp02254-
dc.identifier.authorityYip, PSF=rp00596-
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1111/spol.12524-
dc.identifier.scopuseid_2-s2.0-85068899568-
dc.identifier.hkuros299190-
dc.identifier.isiWOS:000475098700001-
dc.publisher.placeUnited Kingdom-

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