Maximising and maintaining social value in the long term – the influence of embeddedness in addressing organisational challenges following Social Enterprise growth
Polanyi argued that throughout history the economy was embedded in society, serving as a tool to make provision for societies’ needs; but in capitalist market economies the market dominates the system, subordinating society to its work (Polanyi, 2001). Although social enterprise offers potential for re-embedding the economy into serving society (Roy & Hackett, 2017), balancing competing social