UCL School of Management

Research seminar

Bala Vissa, INSEAD


Bala Vissa, INSEAD


Wednesday, 8 June 2016
10:00 – 11:30

‘How do successful for-profit entrepreneurs impact society? Indian commercial entrepreneurs’ involvement in social change’


We explore whether and how commercial entrepreneurs that have experienced economic success through a financial exit event from their for-profit venture involve themselves in social change activities. Answering this question is theoretically and practically important because we know little about how new economic elites (such as newly wealthy commercial entrepreneurs) bring about social change. Using an imprinting perspective we develop a framework on how achieved and ascribed imprinting elements influence successful commercial entrepreneurs’ subsequent involvement in social change. We argue commercial entrepreneurs get imprinted by achieved attributes such as the quality (proxied by exit valuation) of the commercial venture they build and their prior educational background; in addition we examine imprinting by ascribed attributes such as their age at exit and gender. We tested our framework using a hand collected dataset of 665 Indian entrepreneurs that experienced a successful exit from their for-profit venture during 2003 - 2013. Our results suggest that entrepreneurs’ age at exit, gender, overseas educational experiences and exit valuation of their for-profit venture are important predictors of their involvement in social change activities. We discuss our contribution to the literatures on entrepreneurship and social impact.

UCL School of Management Research Seminars are an opportunity to hear from world-leading experts in an interactive and lively setting. Researchers from the world’s top business and management schools are invited to present their work and engage in discussion. 

The seminars are held frequently throughout the year, usually at the UCL Bloomsbury Campus off Gower Street in central London.

Open to
PhD Programme
Last updated Monday, 6 June 2016