Value creation in business--nonprofit collaborations
James E. Austin
This focused review of theoretical and empirical research findings in the corporate social responsibility (CSR) and business‐nonprofit collaboration literature aims to develop an analytical framework for and a deeper understanding of the interactions between nonprofit organizations and businesses that contribute to the co‐creation of value. Our research question is: How can collaboration between businesses and NPOs most effectively co‐create significant economic and social value, including environmental value, for society, organizations, and individuals? More specifically, we will elaborate a Collaborative Value Creation (CVC) framework for analyzing social partnerships between businesses and nonprofits; review how the evolving CSR literature has dealt with value creation and collaboration; analyze how collaborative value creation occurs across different stages and types of collaborative relationships: philanthropic, transactional, integrative, transformational; examine the nature of value creation processes in collaboration formation and implementation and the resultant outcomes for the societal [macro], organizational [meso], and individual [micro] levels; identify knowledge gaps and research needs.
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