ABSTRACT
Structure of the chapter This chapter is divided into six parts. Starting from a broad delineation of the scope of social values and the social domain of entrepreneurship in Part I, the Part II examines social tools and artefacts with a particular focus on the technology life cycle and how technology-led innovation and entrepreneurship are informed by social values and created in their peculiar social contexts. Part III then moves on to explore the implications, influences and relevance of culture in society and how the specific ingredients of culture shape entrepreneurship in different environments. A significant social and cultural asset, social capital is considered today to be a major input for entrepreneurial activity and an outcome of entrepreneurship in any society. Social capital is the subject of the Part IV. Social capital is closely tied to networks and networking, and these issues are discussed critically in Part V. Before the chapter is concluded, Part VI reflects briefly on the emergence of a new type of hybrid enterprise, the social enterprise, where social value creation takes centre stage in the activities of the firm while it uses business tools and methods to run its operations.
