Business model innovation in social purpose organizations: Conceptualizing dual social-economic value creation

Faced with competition and resource constraints, nonprofit social purpose organizations (SPOs) are increasingly pursuing business model innovation (BMI) to progress their dual – social and economic – value-creation focus. Reflecting this interest, the BMI literature in the SPO context has grown in significance, yet remains fragmented and in need of a conceptual framework to facilitate the development of a unified body of knowledge. Addressing...