Author(s)

Xinru Xiao ¹, Ji Zhang ¹

Affiliation(s)

¹ Shanghai Institute of Technology, College of Humanities, Shanghai, 201418, China

Corresponding Author

Ji Zhang

ABSTRACT

As a novel partnership in philanthropy and charity investment, philanthropic venture capital significantly enhances the cultivation of community social organizations. This study, based on a community social organization cultivation project, adopts the Chinese management grounded research paradigm primarily framed by classical grounded theory. It explores the action logic, practical characteristics, and key strategies of philanthropic venture capital-driven cultivation of community social organizations. The research reveals that philanthropic venture capital-driven cultivation meets the grounded needs of community social organizations, characterized by regional embeddedness, strong dependence on government, emphasis on informal communication and interaction, and a pragmatic orientation. Simultaneously, these organizations face entry and growth dilemmas but can construct reciprocal resource networks and benign competition mechanisms, thereby fostering a philanthropic ecosystem.

KEYWORDS

Chinese Management Grounded Research Paradigm; Philanthropic Venture Capital; Community Social Organizations

CITE THIS PAPER

Xinru Xiao, Ji Zhang, Research on the Cultivation Path of Community Social Organizations Driven by Public Welfare Venture Capital under the Grounded Research Paradigm. Industrial Engineering and Innovation Management (2024) Vol. 7: 98-107. DOI: http://dx.doi.org/10.23977/ieim.2024.070315.

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