Social value creation within Social Enterprise Places (SEPs) : a case study of Salford SEP and Plymouth SEP

Ogunoye, OF

Abstract

Social enterprises help to regenerate deprived areas through social value creation. A recent mechanism designed to facilitate regeneration is the Social Enterprise Place (SEP) scheme. While the concept of partnership has been adopted for synergetic results and outcomes between the private and public sectors, stakeholder creation of sustainable social value within the SEP context has received little academic attention. Hence this research seeks to understand how SEP stakeholders engage and create sustainable social value. Through a case study approach, this research investigates the concept of social value creation by SEP stakeholders within the accredited Salford SEP and Plymouth SEP. The study contributes to theory by demonstrating how social enterprises collaborate to create sustainable social value. Where the local city council and the social enterprises share similar understanding, perception, and practice, sustainable social value is created, and the success of the SEP is secured as in the case of Plymouth SEP. However, where understanding, perception, and practice of social value differ, sustainable social value is not created to the same extent and the SEP tends to lack dynamism and growth (i.e. the case of Salford SEP). From a practitioner perspective, the thesis proposes managerial recommendations for SEP decision makers (e.g. SEUK) to help develop and conduct in-depth orientation training regarding the SEP scheme for local city officers to promote shared understanding, perception, and practice for successful collaborative social value creation. Finally, it makes policy recommendations to both the city council and business sectors to help facilitate social value creation.

Citation

Ogunoye, O. (2021). Social value creation within Social Enterprise Places (SEPs) : a case study of Salford SEP and Plymouth SEP. (Thesis). University of Salford

• Thesis Type: Thesis
• Deposit Date: Jun 9, 2021
• Publicly Available Date: Apr 2, 2023
• Award Date: May 1, 2021