Similarities between the social businesses' formats indicated by the social business enterprises' cross-case analysis include business mission, market exploitation, direct relationship dynamics and the basis for differentiation.
Examining the formation of a social business format, Santos (2009) focuses on value creation rather than value appropriation.
Dragon's Den is a new BBC2 business format for the autumn, in which aspiring entrepreneurs pitch their ideas to five successful business leaders, who have up to £150,000 to invest.
The social business format used by this study is based on the business model of Hamel (2002).
This section answers SRQ3: What differentiates the business model and business format of social enterprises in developing economies and Bangladesh?
So, a common social business format is indeed for entrepreneurs to develop the water sectors in Bangladesh.
According to Mohr et al. (1996), coordination between parties is enhanced when a more standardized business format is applied.
When comparing the social business enterprises format with the social business format used by social enterprises in the water sector (Table 2 and Table 3), the following differences are found.
So, the social business format is characterized by four components of the business model: core strategy, strategic resources, customer interface, and value network.
Table 2 Social business format checklist taken from social business enterprises Component Sub-Component Variable Core strategy Business mission Opportunity driven, necessity driven.
The social business format in the water sectors does not focus on entrepreneurial skills, product innovation, direct sales, partnership with a business, or economic value creation.
