A multilevel study of nascent social ventures

Ayalla A. Ruvio, Aviv Shoham

Research output: Contribution to journalArticlepeer-review


This article develops a multilevel model to explain social ventures' organizational outcome. The study examines the relationships between entrepreneurs' motivations and vision, ventures' strategy and environment, ventures' performance, and five-year survival of nascent Israeli firms. The findings suggest that an entrepreneur's motivation is reflected in their vision, which in turn is transformed into their ventures' strategies. Additionally, the environment is associated with entrepreneur's motivations and strategies and success. The results show that the latter was the only predictor of a ventures five-year survival.

Original languageEnglish
Pages (from-to)562-579
Number of pages18
JournalInternational Small Business Journal
Issue number5
StatePublished - Oct 2011


  • Entrepreneur
  • social venture
  • structural equation modeling

ASJC Scopus subject areas

  • Business and International Management


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