Sustainable regional value capture by social businesses: a dynamic capability perspective

The contribution of social businesses to regional sustainability has garnered increasing prominence in the regional studies literature. However, there is a lack of research on how social businesses can contribute to sustainable value capture by enhancing regional dynamic capability. By adopting the theoretical lens of dynamic capabilities, this paper draws on data from Bangladesh and Greece and establishes that sustainable regional value capture is achieved through the mutual shaping of regional and firm-level dynamic capabilities, augmented within regional ecosystems. Social businesses can optimise sustainable regional value capture by leveraging four drivers and attributes: collaboration, agility, regulation and entrepreneurial leadership.