A Process Model of Social Intrapreneurship within a For-Profit Company: First Community Bank

Donald B. Summers; Bruno Dyck

doi:10.1108/S1074-7540(2011)0000013010

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Advances in Entrepreneurship, Firm Emergence and Growth

ISSN: 1074-7540
Series editor(s): Professor Jerome Katz and Professor Andrew C. Corbett

Subject Area: Enterprise and Innovation

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A Process Model of Social Intrapreneurship within a For-Profit Company: First Community Bank

Document Information:
Title:	A Process Model of Social Intrapreneurship within a For-Profit Company: First Community Bank
Author(s):	Donald B. Summers, Bruno Dyck
Volume:	13 Editor(s): G.T. Lumpkin, Jerome A. Katz ISBN: 978-1-78052-072-8 eISBN: 978-1-78052-073-5
Citation:	Donald B. Summers, Bruno Dyck (2011), A Process Model of Social Intrapreneurship within a For-Profit Company: First Community Bank, in G.T. Lumpkin, Jerome A. Katz (ed.) Social and Sustainable Entrepreneurship (Advances in Entrepreneurship, Firm Emergence and Growth, Volume 13), Emerald Group Publishing Limited, pp.139-174
DOI:	10.1108/S1074-7540(2011)0000013010 (Permanent URL)
Publisher:	Emerald Group Publishing Limited
Article type:	Chapter Item
Abstract:	This chapter develops a model and provides an exemplary case study of social intrapreneurship within a for-profit organization. The model has two components. The first looks at the antecedent conditions enabling social intrapreneurship, identifying three deinstitutionalizing mechanisms that ready a traditional for-profit organization to embrace a social enterprise: (1) changes in extra-organizational environment that disconnect sanctions and rewards; (2) disassociating existing institutional norms and practices from their mooring in a moral foundation; and (3) undermining core assumptions and beliefs. The second component of the model suggests that the social intrapreneurship process unfolds in four phases associated: (1) socialization (conception of social enterprise idea), (2) externalization (development), (3) integration (implementation), and (4) the internalization (institutionalization). We use the model as a lens to examine the history and development of the First Community Bank in Boston and end with a discussion of the implications of our research for theory and practice.