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Social entrepreneurship and sustainable competitive advantage: an Islamic perspective

This study evaluates from an Islamic perspective the role of social entrepreneurship in offering sustainable competitive advantage to firms. Social entrepreneurship is an integrated concept of commercial entrepreneurship that addresses the triple bottom line (3BL), namely profit, people and plane...

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Main Author: Mhd. Sarif, Suhaimi
Format: Conference or Workshop Item
Language:English
Published: 2010
Subjects:
HC Economic History and Conditions
Online Access:http://irep.iium.edu.my/22679/1/235-236.pdf
http://irep.iium.edu.my/22679/
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spelling my.iium.irep.226792012-04-12T08:45:17Z http://irep.iium.edu.my/22679/ Social entrepreneurship and sustainable competitive advantage: an Islamic perspective Mhd. Sarif, Suhaimi HC Economic History and Conditions This study evaluates from an Islamic perspective the role of social entrepreneurship in offering sustainable competitive advantage to firms. Social entrepreneurship is an integrated concept of commercial entrepreneurship that addresses the triple bottom line (3BL), namely profit, people and planet. Thus, it provides better position for firms to outcompete the rivals on long term basis. Meeting the needs of the stakeholders’ needs (including the natural environment) is vital to ensure sustainability. This concept is in line with Islamic perspective that emphasized on Tawhidic (oneness of Allah) paradigm, the fiduciary role as servant and vicegerent of Allah, and the relationship with other creatures. The Islamic perspective also views to sustain competitive advantage through social entrepreneurship is the integration of the belief system of Islam, organizational realities, and the nature of man. Man plays a critical role in integrating Islam into organizational realities. Hence, the most apparent element that needs to be Islamized is man who is managing, coordinating, and making the objectives a successful reality. The Qur’an has outlined ways and means of managing competitiveness that established justice, fairness and harmony. 2010 Conference or Workshop Item REM application/pdf en http://irep.iium.edu.my/22679/1/235-236.pdf Mhd. Sarif, Suhaimi (2010) Social entrepreneurship and sustainable competitive advantage: an Islamic perspective. In: IIUM Research, Innovation & Invention Exhibition (IRIIE 2010), 26 - 27 January 2010, Kuala Lumpur.
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HC Economic History and Conditions
spellingShingle HC Economic History and Conditions
Mhd. Sarif, Suhaimi
Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
description This study evaluates from an Islamic perspective the role of social entrepreneurship in offering sustainable competitive advantage to firms. Social entrepreneurship is an integrated concept of commercial entrepreneurship that addresses the triple bottom line (3BL), namely profit, people and planet. Thus, it provides better position for firms to outcompete the rivals on long term basis. Meeting the needs of the stakeholders’ needs (including the natural environment) is vital to ensure sustainability. This concept is in line with Islamic perspective that emphasized on Tawhidic (oneness of Allah) paradigm, the fiduciary role as servant and vicegerent of Allah, and the relationship with other creatures. The Islamic perspective also views to sustain competitive advantage through social entrepreneurship is the integration of the belief system of Islam, organizational realities, and the nature of man. Man plays a critical role in integrating Islam into organizational realities. Hence, the most apparent element that needs to be Islamized is man who is managing, coordinating, and making the objectives a successful reality. The Qur’an has outlined ways and means of managing competitiveness that established justice, fairness and harmony.
format Conference or Workshop Item
author Mhd. Sarif, Suhaimi
author_facet Mhd. Sarif, Suhaimi
author_sort Mhd. Sarif, Suhaimi
title Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_short Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_full Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_fullStr Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_full_unstemmed Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_sort social entrepreneurship and sustainable competitive advantage: an islamic perspective
publishDate 2010
url http://irep.iium.edu.my/22679/1/235-236.pdf
http://irep.iium.edu.my/22679/
_version_ 1643608451077636096
score 13.211869

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