Harnessing knowledge for innovation in social enterprises: an intellectual capital perspective

Abstract

Very little research has investigated the role of intellectual capital (IC) in innovation processes in social enterprises. After reviewing the literature, my central argument in this paper is that IC assists social enterprises to harness knowledge that leads to innovation for the pursuit of social and commercial activities. Thus I contribute to the literature by theoretically arguing that IC can be utilized in innovation processes in social enterprises. I propose an IC conceptual framework which helps social entrepreneurs to visualize IC and its components in their organizations. Finally, I discuss the framework’s implications for the development of effective innovation-based strategies in social enterprises.